202 S Broadway Avenue Albert Lea, MN 56007
For Sale MLS# 6726913
Other
Details for 202 S Broadway Avenue
MLS# 6726913
Description for 202 S Broadway Avenue, Albert Lea, MN, 56007
Longtime former Jewelry Store with Karate Studio on the upper level and a nicely finished basement located right in the heart of Historic Downtown Albert Lea on Broadway Ave. Over 3000 square feet per floor with 4 floors of space including the finished basement, main floor former jewelry store, 2nd floor that could be developed into offices or apartments with 14 foot ceilings and the 3rd floor that had a large karate studio occupying it. There is a lot of space in this large historic downtown building. This building is located right in the heart of a historically intact downtown that has a handful of shops and restaurants including some brand new restaurants right across the street and one-block away as well as established shopping, apartments, gyms, salons, professional services and bar/pubs near by. This building has been owner occupied for close to 30 years and is a rare find to have so much space in a downtown building and only blocks from Albert Lea's Fountain Lake Park.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 0.06 Acres
Square Feet: 13,068 sq ft
Year Built: 1890
Foundation: 3,267 sq ft
Stories: Three Or More
Number Of Units Total: 4
Current Use: Commercial,Event Space,Office,Retail
County: Freeborn
Days On Market: 205
Construction Status: Previously Owned
School Information
District: 241 - Albert Lea
Interior Features
Basement: Finished (Livable), Full
Accessibility: Other
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Common,Heating Separate,Hot Water Common
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Parking Description: On-Street Parking Only
Exterior: Steel Siding, Brick/Stone
Roof: Age Over 8 Years
Lot Dimensions: 27x121
Zoning: Business/Commercial
Additional Exterior/Lot Features: Corner Lot, Land Inclusions - Building,Land, Road Frontage - City, Street Lights, Sidewalks
Driving Directions
From the Intersection of Broadway and Main in Historic Downtown Albert Lea head South into downtown 1 block. Building is on the corner of Broadway Ave S & William St E.
Financial Considerations
Tax/Property ID: 340012790
Tax Amount: 4203
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Robert Hoffman Realty Inc.
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 202 S Broadway Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 202 S Broadway 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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