Sold: Albert Lea MLS# 5704789
Sold
$2,550,000 (list price)
$2,150,000
Commercial: Business Opportunity
Built 1996
11.71 acres
Albert Lea schools
MLS# 5704789
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Property Description
A dream business location at Exit # 11 Albert Lea, MN with 20, 000 square feet of high quality office & conference center space over 12, 000 square feet of shop space with heated floor & 20' ceiling, two large roll up doors and a loading dock door for convenient shipping & receiving. Additionally over 8, 000 square feet of warehouse space. All of this is located on over 11 acres bordering the NE corner of Interstate 35 at Exit # 11. Much of this space was built new in 1996. Easy access off of Main Street Albert Lea, services road access to a large asphalt parking lot measuring 72, 000 square feet (47 total parking stalls). Geothermal climate control system. Current owner has outgrown this facility and is building a new larger facility nearby. Furnishings, shelving, etc. all to be considered part of the property sale. Traffic counts for the adjacent roadways of 35W & CSAH 46 total 29, 500 daily trips. See documents for additional detailed information on listing.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$2,550,000
Sold Price:
$2,150,000
Sold Date:
06/04/2021
Property Type:
Commercial
City:
Albert Lea
Garage Spaces:
24
County:
Freeborn
Year Built:
1996
State:
MN
Property Style:
Business Opportunity
Zip Code:
56007
Interior
Appliances Included:
- Dishwasher
- Electric Water Heater
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Water Softener Owned
Total Ranges:
One
Total Refrigerators:
One
Basement Details:
None
Exterior
Garage Spaces:
24
Other Parking Spaces:
47
Air Conditioning:
Central Air, Geothermal
Heating System:
- Boiler
- Geothermal
- Radiant Floor
Foundation Size:
36,113 ft2
Handicap Accessible:
Reduced Height Counters, Doors 36"+, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, No Stairs External, No Stairs Internal, Wheelchair Ramp(s)
Road Frontage:
- County Road
- Private Road
Exterior Material:
- Brick/Stone
- Other
- Stucco
Roof Details:
- Flat
- Metal
- Pitched
- Rubber
Lot
Acres:
11.71
Geolocation:
43.66051276, -93.32247647
Lot Dimensions:
522 x 1284
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Tree Coverage - Light
- Underground Utilities
Schools
School District:
241
District Phone:
507-379-4800
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$92,858
Assessment Pending:
No
Taxes w/ Assessments:
$92,858
Unit
Total Units:
1
Miscellaneous
Current Use:
- Commercial
- Office
- Professional/Office
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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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.
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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.