202 S Broadway Avenue, Albert Lea, Minnesota 56007

MN, Albert Lea
$525,000
  • Commercial Sale Property Type
  • 1890 Year Built
  • Active Status
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Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6726913
  • Price: $525,000
  • Year Built: 1890
  • Listing Status: Active
  • Office Name: Robert Hoffman Realty Inc.
  • Roof: Age Over 8 Years
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Full,Finished
  • Parking On-Street Parking Only
  • Utilities Heating Separate,Electric Common,Hot Water Common
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Freeborn
  • City Albert Lea
  • Zipcode 56007
  • Street: Broadway
  • Street Number: 202
  • Street Suffix: Avenue
  • Longitude: W94° 37' 51.2''
  • Latitude: N43° 38' 55.2''
  • Directions: From the Intersection of Broadway and Main in Historic Downtown Albert Lea head South into downtown 1 block. Building is on the corner of Broadway Ave S & William St E.
  • Street Dir Prefix: S
Neighborhood
  • High School District: Albert Lea
MLS Addon
  • Office Name: Robert Hoffman Realty Inc.
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Other
  • Building Size: 13068
  • Construction Materials: Brick/Stone,Steel Siding
  • Current Use: Commercial,Event Space,Office,Retail
  • Levels: Three Or More
  • Lot Features: Corner Lot
  • Lot Size Dimensions: 27x121
  • Number Of Units Total: 4
  • Possible Use: Office,Professional Service,Rest/Lounge,Retail,Grocery,Investment,Bar/Tavern,Medical
Financial
  • Tax Annual Amount: 4203
Listing Information
  • List Agent Mls Id: 502023181
  • List Office Mls Id: 26732
  • Modification Timestamp: 2025-06-13T01:07:03Z
  • Originating System Name: NorthStar
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