1401 SE Broadway Avenue, Albert Lea, MN 56007 (MLS# 7003586)

1401 SE Broadway Avenue, Albert Lea, MN 56007

$298,000
Property Type: Commercial Square Footage: 5,549 Lot Size (sq. ft.): 37,897 Status: Active
Current Price: $298,000 List Date: 12/31/2025 Last Modified: 10/01/2026

Overview

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. 8th Street garage door (currently blocked) offers simple conversion back to a drive-in showroom. The irregular sized lot goes from 8th St down ...

Listing Details MLS# 7003586

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
20
Waterfront YN
No
Year Built
1947
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2300
Garage Stalls
10
Power Company
Freeborn - Mower Cooperative Services
For Sale or Lease
For Sale
Acres
0.87
Lot Dimensions
229x110x53x68x140x64x474
Assessment Pending
No

Property Features

Accessible: No Stairs Internal Air Conditioning: Zoned Basement: None CMU Style: Mixed Use Construction Status: Previously Owned Current Use: Automobile Service Exterior: Brick/Stone Flooring: Concrete Slab Foundation: Slab Fuel: Natural Gas Heating: Forced Air; Other Lock Box Type: Supra Lot Description: Corner Lot; Irregular Lot Miscellaneous Information: Auto Bay; Display Window; Overhead Doors On Site Utilities: Electric Common; Heating Common Overhead Door Clearance: 0-9 Feet; 10-14 Feet Owner Pays: All Utilities Parking Characteristics: Multiple Garages; Parking Lot; Floor Drain; Garage Door Opener; Gravel Lot; Heated Garage; Paved Lot; RV Access/Parking Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Flat Sewer: City Sewer/Connected Stories: One Topography: Level Wall Description: Concrete/Block Water: City Water/Connected Window Features: Display Window(s)

Contract Information

Contingency
None
ListPrice
298000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1401
Street Direction Prefix
SE
Street Name
Broadway
Street Suffix
Avenue
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007

Assessments

Tax With Assessments
2446

Building Information

Building Finished SqFt
5549
Building SqFt
5549

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SEMR

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
3940

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes
IDX
Listing Office: Realty ONE Group Black Diamond
Last Updated: October - 01 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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