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Active
$750,000
/mo Edit
Commercial:  Office
Built 1916
0.41 acres
Albert Lea schools
MLS# 6364251
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    Property Description

    Extremely well maintained building with over 20, 000 sq. ft. of quality office space available. Numerous private offices, some with lake views, two large conference rooms and two employee break rooms with appliances. On property outdoor parking for 16, 4 indoor parking spaces as well as convenient public parking across the street in a municipal public lot. Building also has a deisel backup electrical service generator. Notes--Building presently has a great deal of office furnishings along with modular office divider panels for the general office space. This office furniture is to be considered negotiable. --Building elevator has been rendered inoperable but can be placed back in service upon request --Current main floor lessee (approx. 5000 sq. ft. / 3 years remain on current lease) has requested 180 day term to vacate property --Back up power generator onsite. Facility could be utilized as one office use or could be split into up to 4 lease spaces.

    Listing

    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: Office
    Zip Code: 56007

    Interior

    Ceiling Height: 8-10
    Appliances Included: Electric Water Heater
    Basement Details:
    • 8 ft+ Pour
    • Concrete
    • Partially Finished
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 4
    Other Parking Spaces: 16
    Air Conditioning: Central Air
    Foundation Size: 8,052 ft2
    Foundation Dimensions: 122' x 66'
    Handicap Accessible: Accessible Elevator Installed, Fully Wheelchair, Grab Bars In Bathroom
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Concrete
    • Garage Door Opener
    • Heated Garage
    • Off Site
    • Parking Garage
    • Paved
    • Storage
    • Tuckunder Garage
    • Unassigned
    Shared Amenities: Elevator(s)
    Unit Amenities:
    • Natural Woodwork
    • Paneled Doors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material: Brick/Stone
    Roof Details:
    • Age Over 8 Years
    • Rubber

    Lake & Waterfront

    Waterfront Present: N
    Waterfront Name: Fountain
    Waterfront View: Bay, Lake
    DNR Lake ID#: 24001800
    Elev Highpt to WF feet: 0-4
    Lake Chain Name: N
    Lake Acres: 521
    Lake Depth: 14
    Waterfront: Lake View
    Lake Bottom: Undeveloped

    Lot & Land

    Acres: 0.41
    Geolocation: 43.65007201, -93.36708104
    Inclusions: Building, Leases
    Lot Dimensions: 240' x 74.25'
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Underground Utilities

    Farm

    Topography: Sloped

    Schools

    School District: 241
    District Phone: 507-379-4800

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $15,409
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $15,848

    Units

    Total Units: 4

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities: Heating Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.