216 Washington Avenue S Albert Lea, MN ^$ 109,900

216 Washington Avenue S

^$ 109,900

Back to search

216 Washington Avenue S

Albert Lea, MN, 56007

^$ 109,900

Bedrooms-- Baths--

Monthly Estimate*

^$ 759

216 Washington Avenue S, Albert Lea, MN 56007 - Image 1

216 Washington Avenue S, Albert Lea, MN 56007 - Image 2

216 Washington Avenue S, Albert Lea, MN 56007 - Image 3

216 Washington Avenue S, Albert Lea, MN 56007 - Image 4

216 Washington Avenue S, Albert Lea, MN 56007 - Image 5

216 Washington Avenue S, Albert Lea, MN 56007 - Image 6

216 Washington Avenue S, Albert Lea, MN 56007 - Image 7

216 Washington Avenue S, Albert Lea, MN 56007 - Image 8

216 Washington Avenue S, Albert Lea, MN 56007 - Image 9

216 Washington Avenue S, Albert Lea, MN 56007 - Image 10

Commercial Property for sale in Albert Lea, MN

for $109,900. This building was built in 1956 on a lot size of 0.073.

Great opportunity for a downtown commercial building with 3 units - 2 office spaces and 1 apartment. 2 units are rented. The lower unit is vacant and was previously used as office space and ready to be rented or utilized.

Commercial Active

Price

^$ 109,900

Property Type

Commercial

Taxes

^$ 3,824

Style

Lot Size

0.073

Year Built

1956

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7091296

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate

Garage Spaces 0

Year Built 1956

Tenant Pays Electricity Gas

Tax Year 2026

Current Use Office Professional Service

Accessibility Partially Wheelchair

County Freeborn

New Construction N

Property Type Commercial Sale

Contingency None

Directions From the intersection of Broadway Ave and Main Street go West 1 block then go North on Washington Street.

City Albert Lea

High School District Albert Lea

Zoning Description Business/Commercial

Number Of Units Total 3

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 3824

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Full Walkout

Basement (Y/N) Y

Fuel Electric Natural Gas

Garage Square Feet 0

Exterior

Parking Features Off Site More Parking Offsite for Fee

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.073

Lot Dimensions 138x23

Waterfront Y/N N

Foundation Area 3174

Internal Only

Street Number 1 216

* Excluded Features

List By

Leland Realty

Broker

stevenlehner1972@hotmail.com

Affordability Calculator

$1,078

Per Month

Monthly Principal & Interest: $759
Monthly Property Taxes: $319
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Albert Lea, MN

Average List Price ^$400,792

Percent of Sale Price 265%

About Albert Lea, MN

17,794 Population

-4% Since 2002

^$44,096 Median Income

43.27 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708674 Elementary School

708663 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/31/2026	$109,900	-15.40%	Price Down
6/11/2026	$129,900		Listed Price

Map

More homes like this one

homes for you

See all

216 Washington Avenue S, Albert Lea, MN, 56007 is a Commercial Property for sale at $109,900 with a lot size of 0.073. 216 Washington Avenue S was built in 1956. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

216 Washington Avenue S

Commercial Property for sale in Albert Lea, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home