134 William Street W Albert Lea, MN 56007
For Sale MLS# 7002308
2,835 sq ft Commercial
Details for 134 William Street W
MLS# 7002308
Description for 134 William Street W, Albert Lea, MN, 56007
Well established & profitable tavern business opportunity located in excellent downtown location. Two large gaming rooms. Recently replaced bar cabinets and shelving. Indoor grill plate and fryers for burgers and fries. Bar area seating for 40 plus people as well as the two large gaming rooms seating and outdoor patio area. Five upper level apartments add to your income opportunities. A must see establishment to see and appreciate the amenities and equipment that have helped make this tavern/ lounge a true community fixture.
Listing Information
Property Type: Commercial, Apartments/Multi Family,Business Opportunity
Status: Active
Bathrooms: 5
Lot Size: 0.12 Acres
Square Feet: 2,835 sq ft
Year Built: 1913
Foundation: 1,336 sq ft
Stories: 2 Stories
Number Of Units Total: 5
Current Use: Residential,Tavern/Lounge
County: Freeborn
Days On Market: 128
Construction Status: Previously Owned
School Information
District: 241 - Albert Lea
Interior Features
Appliances: Indoor Grill, Microwave, Refrigerator
Basement: Unfinished, Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Ductless Mini-Split, Central
Heating: Hot Water, Natural Gas, Boiler, Ductless Mini-Split
Exterior / Lot Features
Parking Description: On-Street Parking Only, Garage Sq Ft - 0.00
Exterior: Brick/Stone
Roof: Age 8 Years or Less, Rubber
Lot Dimensions: 81.5 x 100
Zoning: Business/Commercial,Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Business,Business Assets,Fixture/Equipment,Leases,Liquor License, Road Frontage - City
Driving Directions
From intersection of Main Street and Broadway Avenue Albert Lea, north on Broadway one block to William Street W. Left on William Street W to 134 W William St W on right side of street.
Financial Considerations
Tenant Pays: None
Owner Pays: All Utilities
Tax/Property ID: 340030040
Tax Amount: 3748
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Century 21 Atwood
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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 134 William Street W
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 134 William Street W
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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