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Active NEW!
$229,900
/mo Edit
Commercial:  1 Story
Built 1988
0.52 acres
MLS# 7036230
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    Property Description

    Look no further! If you’ve been searching for the perfect location to run the business you’ve always dreamed of, this could be the opportunity you’ve been waiting for. Located on the corner of SE Marshall St. and E. Main St., this property offers excellent visibility from both roads, with E. Main St. seeing approximately 15, 200 trips count . The building features 1, 566 square feet and has been extensively renovated with many newer upgrades. Improvements include roof, siding, exterior paint, windows, commercial exterior doors, partial new construction, insulation, sheetrock, interior paint, updated electrical service, plumbing, water heater, and two mini-split heat pump/air conditioning units, 3 entry doors, along with additional updates throughout. The property also includes a bathroom and mechanical room. Outside, you’ll find a large parking lot for customers, plus the added bonus of a two-stall garage for storage or additional workspace. The possibilities here are endless—start a new business, relocate your existing business, or convert the space for retail, office, or service use. Conveniently located just two blocks from beautiful Fountain Lake, this commercial property offers both visibility and opportunity. Priced to sell—don’t miss out on this great opportunity!

    Listing

    Contingency: None
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: 1 Story
    Zip Code: 56007

    Interior

    Ceiling Height: 8-10
    Flooring: Concrete Slab
    Refrigerators: None
    Appliances Included: Electric Water Heater
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 26' x 24'
    Garage Size: 624 ft2
    Air Conditioning: Dual
    Foundation Size: 1,591 ft2
    Foundation Dimensions: 79' x 26'
    Fencing: None
    Handicap Accessible: Doors 36"+, Grab Bars In Bathroom, Door Lever Handles
    Road Responsibility: Public Maintained Road
    Heating System: Ductless Mini-Split
    Parking Features:
    • Detached Garage
    • Gravel
    • Parking Lot
    Road Frontage:
    • City Street
    • County Road
    • Curbs
    • Paved Streets
    • Sidewalks
    • State Road
    • Storm Sewer
    • Street Lights
    Exterior Material: Frame
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.52
    Geolocation: 43.6526585695, -93.3574020712
    Inclusions: Building
    Lot Dimensions: 115' x 124'
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light
    • Underground Utilities

    Farm

    Topography: Gently Rolling

    Schools

    School District: 1141
    District Phone: 5073794800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,024
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $4,224

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Vacant
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of Unique Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.