For Sale: Albert Lea MLS# 7003586
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Property Description
A rare opportunity to own a turnkey commercial building with strong infrastructure and customer-facing appeal. This prime commercial property features over 5, 000 square feet of space and is currently operating as an automobile service station. The building includes 10 garage stalls (7 garage doors), one of which offers 11-foot clearance, along with a professionally vented auto paint booth and dedicated mixing room. The garage areas are equipped with ceiling-mounted heat and a floor drain for added functionality, and there is above-attic storage providing extra space. The property also offers two bathrooms, including one with a shower. At the front of the building, a showroom with large glass windows creates excellent visibility and an inviting public showcase area, making this a versatile and well-equipped space for automotive or commercial use. The irregular sized lot goes from 8th St down to St John Ave with a nice long private driveway and tons of parking.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$350,000
Property Type:
Commercial
City:
Albert Lea
Garage Spaces:
10
County:
Freeborn
Year Built:
1947
State:
MN
Property Style:
1 Story
Zip Code:
56007
Interior
Flooring:
Concrete Slab
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
10
Garage Size:
3,940 ft2
Air Conditioning:
Zoned
Foundation Size:
2,300 ft2
Handicap Accessible:
No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
- Forced Air
- Other
Parking Features:
- Attached Garage
- Floor Drain
- Garage Door Opener
- Gravel
- Heated Garage
- Multiple Garages
- Parking Lot
- Paved Lot
- RV Access/Parking
Road Frontage:
City Street
Roof Details:
Flat
Lot & Land
Acres:
0.87
Geolocation:
43.634654, -93.364718
Inclusions:
Building
Lot Dimensions:
229 x 110 x 53 x 68 x 140 x 64 x 474
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Irregular Lot
Farm
Topography:
Level
Schools
School District:
1141
District Phone:
5073794800
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,446
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,446
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
1
Miscellaneous
Current Use:
Automobile Service
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Power Company Name:
Freeborn - Mower Cooperative Services
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Realty ONE Group Black Diamond.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.