$225,000

302 S Broadway Avenue, Albert Lea, MN 56007


302 S Broadway Avenue Albert Lea, MN 56007

For Sale MLS# 6105787

15,000 sq ft Commercial

Data current as of {{getLocalTime('2021-12-02T03:36:06Z')}}

Details for 302 S Broadway Avenue

MLS# 6105787

Description for 302 S Broadway Avenue, Albert Lea, MN, 56007


This amazing downtown building is located in the heart of it all at the intersection of Albert Lea Minnesota's Broadway & Main Street right next to Albert Lea's Historic Downtown. This huge building has large retail spaces on both the main and lower levels and over a dozen offices upstairs. There is also as a very swanky mezzanine level in the rear over looking the retail levels. A large municipal parking lot is right behind the building and large sidewalks service the side and front of the building. The potential for what happens next is endless and with a strong foundation and great location it's next story wants to be written.

Listing Information


Property Type: Commercial, Apartments and Retail,Office,Retail/Shopping Center

Status: Active

Lot Size: 0.13 Acres

Square Feet: 15,000 sq ft

Year Built: 1903

Foundation: 5,856 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 20

Current Use: Retail

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Freeborn

Days On Market: 66

HERS Score:

Construction Status: Previously Owned

School Information


District: 241 - Albert Lea

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Partial Finished, Full

Additional Interior Features: Tiled Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate

Other Utilities:

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Parking Spaces: 30

Parking Description: Uncovered/Open, Unassigned, More Parking Offsite for Fee, Paved Lot

Exterior: Brick/Stone

Roof: Age Over 8 Years, Rubber

Lot View:

Lot Dimensions: 48x122

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Corner Lot, Road Frontage - City, Curbs, Paved Streets, Sidewalks

Soil Type:

Tillable Acres:

Community Features


Complex Features: Other

Pets Allowed: No

Association Name:

Driving Directions


Large building on the SW corner of the intersection of Albert Lea's Broadway Ave S & Main St. Municipal Parking behind the building off of Main St W and Washington Ave S.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 340014510

Tax Amount: $2,334

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$225,000 Original Price
$225,000 Current Price
+$0 Total Change
Date Price Change
9/26/2021 09:51 PM $225,000

Sales History

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Tax Summary

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Schools nearby 302 S Broadway Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings