Price $525,000
Status Active
Size 13,068 sqft
Lot Size 2,614 sqft
Longtime former Jewelry Store with Karate Studio on the upper level and a nicely finished basement located right in the heart of Historic Downtown Albert Lea on Broadway Ave. Over 3000 square feet per floor with 4 floors of space including the finished basement, main floor former jewelry store, 2nd floor that could be developed into offices or apartments with 14 foot ceilings and the 3rd floor that had a large karate studio occupying it. There is a lot of space in this large historic downtown building. This building is located right in the heart of a historically intact downtown that has a handful of shops and restaurants including some brand new restaurants right across the street and one-block away as well as established shopping, apartments, gyms, salons, professional services and bar/pubs near by. This building has been owner occupied for close to 30 years and is a rare find to have so much space in a downtown building and only blocks from Albert Lea's Fountain Lake Park.
Property Type(s): Commercial
Year Built 1890 County Freeborn

Additional Details

AIR Central Air
AIR CONDITIONING Yes
BASEMENT Finished, Full, Yes
CONSTRUCTION Brick, Metal Siding, Steel Siding
HEAT Forced Air, Natural Gas
LOT 2614 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 27x121
PARKING On Street
SEWER Public Sewer
STORIES 3+
TAXES 4203
WATER Public
ZONING Business/Commercial
Listed with Robert Hoffman Realty Inc.
Regional Multiple Listing Service of Minnesota Logo The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed.

Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
DMCA Notice

This IDX solution is (c) Diverse Solutions 2025.

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Michael Steichen to contact you even if your name is on a Federal or State "Do not call List".

Email a Friend