1317 Broadway Avenue SE, Albert Lea, MN 56007
$299,000
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Property Type:
Commercial
Square Footage:
2,400
Lot Size (sq. ft.):
33,977
Status:
Active
Current Price:
$299,000
List Date:
1/20/2026
Last Modified:
8/13/2026
Overview
Description
...
(Read more)
Excellent commercial office/ business opportunity. Property consists of two separate suites. Suite #1 is currently leased out as a restaurant/ donut shop with two years remaining on that lease contract. There is a fully operational Ansul fire suppression system installed as well as a functional drive up order and serve system. This space also includes a 3 compartment sink and grease trap for the commercial kitchen. Suite # 2 is an office space with two offices and or an office with a conference room and reception area. The utility room, restrooms and storage area are presently being shared and are ADA compliant. There are 16 parking spaces available for combined customer parking. Both suites have were renovated in 2021 and are both handicap accessible. New flooring finishes include laminate and carpet. Daily vehicle trips of 7200 as per MNDOT data provides. Exterior patio and seating is available for the coffee shop lease space. In addition an outdoor storage shed serves as storage opportunity.
Listing Details MLS# 7008700
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 16
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1990
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 2400
- For Sale or Lease
- For Sale
- Acres
- 0.78
- Lot Dimensions
- 170 x 180
- Assessment Pending
- No
Property Features
Accessible:
Door Lever Handles; Doors 36"+; Fully Wheelchair; Grab Bars In Bathroom; Hallways 42"+; No Stairs External; No Stairs Internal; Reduced Height Counters
Air Conditioning:
Central Air
Amenities Shared:
Patio
Amenities Unit:
Cable; Kitchen Window; Local Area Network; Patio
Appliances:
Refrigerator
Basement:
None
CMU Style:
Business Opportunity; Mixed Use
Commercial Kitchen Appliances:
Ice Machine; Refrigerator; Shelving and Racks
Construction Materials:
Block
Construction Status:
Previously Owned
Current Use:
Business Service; Office; Restaurant
Exterior:
Block; Brick/Stone
Fencing:
None
Flooring:
Carpet; Engineered Wood; Luxury Vinyl Plank
Foundation:
Concrete Perimeter; Slab
Fuel:
Natural Gas
Heating:
Forced Air
Internet Options:
Cable
Loan Terms:
Cash; Conventional
Location Description:
Free Standing
Lock Box Type:
None
Lot Description:
Corner Lot; Irregular Lot; Tree Coverage - Light
Miscellaneous Information:
220 Volt; Building Sign; Exterior Lighting; Kitchen Facilities; Pole Sign
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Owner Pays:
All Utilities; Electricity; Exterior Maintenance; Gas; Grounds Care; Heat; HVAC Maintenance; Lawn; Lawn; Maintenance/Repair; Management; Sewer; Snow Removal; Taxes; Water
Parking Characteristics:
Parking Lot; Driveway - Shared; Paved Lot
Pool Description:
None
Potential Use:
Income; Office; Restaurant; Retail
Rent Rate per Foot:
Per Month
Road Frontage:
City Street; Curbs; Paved Streets; Storm Sewer; Street Lights
Road Responsibility:
Public Maintained Road
Roof:
Age Over 8 Years; Tar/Gravel
Sewer:
City Sewer/Connected
Stories:
One
Tenant Pays:
Broadband; Common Area Maintenance; Janitorial Service; Telephone; Trash Collection
Topography:
Level
Wall Description:
Concrete/Block
Water:
City Water/Connected
Window Features:
Aluminum Frames; Double Pane Windows
Contract Information
- Contingency
- None
- ListPrice
- 299000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1317
- Street Name
- Broadway
- Street Suffix
- Avenue
- Street Direction Suffix
- SE
- Postal City
- Albert Lea
- County
- Freeborn
- State
- MN
- Zip Code
- 56007
Assessments
- Assessment Balance
- 32525
- Tax With Assessments
- 42269
Basement
- Foundation Dimensions
- 40 x 60
More Information
Building Information
- Building Finished SqFt
- 2400
- Building SqFt
- 2400
- Ceiling Height
- 8-10
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building, Land, Leases
Unit Details
- Total Units
- Yes
Listing Office:
Century 21 Atwood
Last Updated: August - 13 - 2026
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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