202 S Broadway AVE, Albert Lea, MN 56007 - 6726913

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Jamie Albertsen

jamie@pedersonrealty.com +1(507) 581-7094

$525,000

Est. payment - /mo

2,613 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6726913

Year Built 1890

Annual Tax Amount $4,203

Tax Year 2025

Contingent None

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 27x121

Property Description

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.

Location

State MN

County Freeborn

Zoning Business/Commercial

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building, Land

Fireplace No

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Common, Heating Separate, Hot Water Common

Roof Type Age Over 8 Years

Present Use Commercial,Event Space,Office,Retail

Building

Lot Description Corner Lot

Story Three Or More

Foundation 3267

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone,Steel Siding

Schools

School District Albert Lea

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Listed by Robert Hoffman • Robert Hoffman Realty Inc.

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Jamie Albertsen

+1(507) 581-7094

202 S Broadway AVE Albert Lea, MN 56007

Jamie Albertsen

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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