$120,000
$133,300
10.0%For more information regarding the value of a property, please contact us for a free consultation.
232 S Broadway AVE Albert Lea, MN 56007
2,613 Sqft Lot
Key Details
Sold Price $120,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6319176
Sold Date 09/01/23
Year Built 1940
Annual Tax Amount $2,324
Tax Year 2022
Contingent None
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 22x122
Property Description
A historic downtown Albert Lea's retail building with apartments upstairs located right at the intersection of Broadway and Main. This former optometrist's office is in a great location and in great condition. This building is next to a multi million dollar church restoration slated to open in 2023, Main Street restorations were just completed in late 2022, the Broadway Streetscape Project is less than 8 years old and new restoration projects are planned in buildings along Broadway. This building includes the main floor retail space, a large clean unfinished basement and 2nd story apartments. The main floor retail space has a large open space upfront with display windows and 7 workshops/offices to the back of the main floor (some with sinks) as well as a main floor bathroom. There are 2 apartments upstairs and also a 3rd non-conforming room (perfect for a laundry room or flex-space.) This building is a great opportunity to be a part of the new historic downtown Albert Lea.
Location
State MN
County Freeborn
Zoning Business/Commercial
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Garage On-Street Parking Only
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Roof Type Age 8 Years or Less,Flat,Rubber
Present Use Retail
Building
Story Two
Foundation 2684
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Albert Lea
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