1317 Broadway Avenue SE, Albert Lea, MN 56007 (MLS# 7008700)

1317 Broadway Avenue SE, Albert Lea, MN 56007

$299,000
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

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 opp ...

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
IDX
Listing Office: Century 21 Atwood
Last Updated: August - 13 - 2026
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