$299,000
1317 Broadway Avenue SE Albert Lea, MN 56007
For Sale MLS# 7008700
Other
Details for 1317 Broadway Avenue SE
MLS# 7008700
Description for 1317 Broadway Avenue SE, Albert Lea, MN, 56007
Excellent commercial office/ business opportunity. Property consists of two separate suites. Suite #1 is currently leased out as a restaurant/ donut shop with two years remaining on that lease contract. There is a fully operational Ansul fire suppression system installed as well as a functional drive up order and serve system. This space also includes a 3 compartment sink and grease trap for the commercial kitchen. Suite # 2 is an office space with two offices and or an office with a conference room and reception area. The utility room, restrooms and storage area are presently being shared and are ADA compliant. There are 16 parking spaces available for combined customer parking. Both suites have were renovated in 2021 and are both handicap accessible. New flooring finishes include laminate and carpet. Daily vehicle trips of 7200 as per MNDOT data provides. Exterior patio and seating is available for the coffee shop lease space. In addition an outdoor storage shed serves as storage opportunity.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.78 Acres
Square Feet: 2,400 sq ft
Year Built: 1990
Foundation: 2,400 sq ft
Stories: 1 Story
Number Of Units Total: 1
Current Use: Business Service,Office,Restaurant
County: Freeborn
Days On Market: 136
Construction Status: Previously Owned
School Information
District: 241 - Albert Lea
Interior Features
Appliances: Exhaust Fan/Hood, Water Softener - Owned, Refrigerator, Electric Water Heater
Flooring: Carpet,Engineered Wood,Luxury Vinyl Plank
Doors/Windows: Aluminum Frames, Double Pane Windows
Accessibility: No Stairs External, No Stairs Internal, Door Lever Handles, Reduced Height Counters, Fully Wheelchair, Grab Bars In Bathroom, Doors 36+, Hallways 42+
Additional Interior Features: Local Area Network, Kitchen Window, Cable, 220 Volt
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Common,Hot Water Common
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Open Parking: 16
Parking Description: Parking Lot, Paved Lot, Driveway - Concrete, Driveway - Shared, Garage Sq Ft - 0.00
Exterior: Block, Brick/Stone
Roof: Tar/Gravel, Age Over 8 Years
Lot Dimensions: 170 x 180
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Patio, Corner Lot, Irregular Lot, Tree Coverage - Light, Land Inclusions - Building,Land,Leases, Road Frontage - City, Curbs, Paved Streets, Street Lights, Storm Sewer
Driving Directions
From intersection of Main Street and Broadway Avenue Albert Lea, South on Broadway Avenue to E 7th Street. Left on E 7th Street to first Driveway on right is the parking lot entrance to 1317 Broadway Avenue SE.
Financial Considerations
Other Annual Tax: $32,525
Tenant Pays: Broadband,Common Area Maintenance,Janitorial,Telephone,Trash
Owner Pays: All Utilities,Electric,Exterior Maintenance,Gas,Grounds Care,Heat,HVAC Maintenance,Lawn,Maintenance/Repair,Management,Sewer,Snow,Taxes,Water
Tax/Property ID: 340490010
Tax Amount: 9744
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Century 21 Atwood
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
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 1317 Broadway Avenue SE
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 1317 Broadway Avenue SE
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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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