$450,000

531 Railroad Avenue, Albany, MN 56307

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$450,000

(150,000) 11/18/2024

531 Railroad Avenue Albany, MN 56307

For Sale MLS# 6599131

2,975 sq ft Commercial

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Data current as of 23/01/2025 23:55:20

Details for 531 Railroad Avenue

MLS# 6599131

Description for 531 Railroad Avenue, Albany, MN, 56307


Nestled in the heart of Albany, Albany Bakery has been a beloved local institution for over two decades. Known for its warm, inviting atmosphere and friendly service, this bakery has become a staple in the community, attracting both loyal customers and newcomers alike.Our extensive menu features everything from freshly baked bread and pastries to custom cakes and savory treats. Signature items include our famous specialty breads, cracked wheat and rye, flaky danishes, and decadent cupcakes, all made with high-quality ingredients and traditional techniques. We take pride in supporting local farms, sourcing seasonal produce, and crafting items that reflect the flavors of our region.Albany Bakery is more than just a place to grab a bite; it’s a community hub where friends gather, families celebrate, and memories are made. Join us for a cup of locally roasted coffee alongside your favorite pastry, or stop by for a special occasion cake that will leave a lasting impression. With a legacy of excellence and a commitment to quality, Albany Bakery continues to be the go-to spot for all your baked goods and sweet cravings.

Listing Information


Property Type: Commercial, Business Opportunity,Office

Status: Active

Bathrooms: 1

Lot Size: 0.08 Acres

Square Feet: 2,975 sq ft

Year Built: 1972

Foundation: 2,975 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: Townsite Of Albany

Number Of Units Total: 1

Current Use: Commercial,Food Service,Restaurant

County: Stearns

Days On Market: 125

Construction Status: Previously Owned

School Information


District: 745 - Albany

Interior Features


Appliances: Dishwasher, Exhaust Fan/Hood, Range, Refrigerator, Wall Oven, Double Oven

Flooring: Carpet,Tile,Vinyl/Linoleum

Doors/Windows: Double Pane Windows, Insulated Windows, Display Window(s)

Accessibility: Doors 36+, Fully Wheelchair, No Stairs Internal

Additional Interior Features: Ceiling Fan(s), Indoor Sprinklers, Tile Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common

Cooling: Central

Heating: Natural Gas, Forced Air

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 2

Open Parking: 2

Parking Description: Storage, On-Street Parking Only, Garage Door Opener, Attached Garage, Garage Dimensions - 22x14, Garage Sq Ft - 308.0

Exterior: Brick/Stone

Roof: Rubber, Flat

Lot Dimensions: irregular

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Loading Dock, Irregular Lot, Land Inclusions - Building,Business,Inventory, Road Frontage - City, Curbs, Paved Streets, Sidewalks, Street Lights

Unit Information


Unit 1 Baths Total: 1

Driving Directions


I-94 to 238/8th street, right on railroad Ave, bakery on left

Financial Considerations


Tax/Property ID: 40255800000

Tax Amount: 2588

Tax Year: 2024

HomeStead Description: Non-Homesteaded

Price Changes


$600,000 Original Price
$450,000 Current Price
-$150,000 Total Change
Date Price Change
11/18/2024 09.02 AM $450,000 -$150,000
09/20/2024 10.11 AM $600,000
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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 531 Railroad Avenue

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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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