Price $275,000
Status Active
Size 4,356 sqft
Lot Size 2,614 sqft
An investors dream! The work is done, just turn the keys and manage this fully occupied building in historic downtown Albert Lea. A very popular long time local radio station has occupied this property on the main floor for years. Upstairs are two of the nicest, fully renovated, downtown apartments the town has to offer. Each of the absolutely amazing apartments include gorgeous woodwork through out, skylights and in-unit washers and dryers. The basement (a former local real estate brokerage) is currently used for storage for a near by business. The building has been gone over from top to bottom and is in excellent shape! You do not have to lose time renovating, this property in finished, leased out and all ready to start working for you on day one.
Property Type(s): Commercial
Year Built 1917 County Freeborn

Additional Details

AIR Ceiling Fan(s), Central Air, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Dryer, Gas Water Heater, Range, Refrigerator, Washer
BASEMENT Partially Finished, Storage Space, Yes
CONSTRUCTION Brick
HEAT Natural Gas, Steam
LOT 2614 sq ft
LOT DIMENSIONS 22x122
PARKING Gravel, Parking Lot
SEWER Public Sewer
STORIES 2
TAXES 3128
WATER Public
ZONING Business/Commercial,Residential-Multi-Family
Listed with Robert Hoffman Realty Inc.
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