Retail Property Available
The Perfect Location
Below is a partial listing of retail space available in the Albert Lea/Freeborn County area. For more information, please contact the corresponding realtor or the Chamber office.
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1602 Fountain St., Albert Lea. $595,000. The main floor has 78 rooms which were used for various medical purposes by the Albert Lea Medical Clinic. The basement has 36 rooms that were used for medical purposes, storage areas, a lounge & kitchenette area. Aprinkler system covers all basement. Comments: There is a 2500 lb. capacity elvator, 2 - 89 gallon water heaters, 2 water softeners, fire alarm system, 14 forced air furnaces. All mechanical to be sold "As Is". Ceilings are mostly suspended ceilings with remainder having sprayed sheetrock. Lighting is mostly fluorescent. Rof is 3" insulation convered with vinyl membrane, new is 1993. For more information, Call Ron Holtan Realty, 507-373-3285, rpholtan@msn.com. #2922190.
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The Heart of the City. The City of Albert Lea is seeking developers for a mixed use, family friendly, tourism destination development on a brownfield site. Blazing Star Landing is the HEART of Albert Lea's future as it can act as an impetus to an ever growing interest in family oriented recreational destinations. The site is approximately 55 acres overlooking Albert Lea Lake with additional views of Fountain Lake, the connecting channel, and natural habitat open space. In addition, there are approximately 20 acres of underutilized and partially vacant warehousing and service areas to the east of the site. The site is also adjacent to the Blazing Star Trail, which continues east from the site and includes a paved local walking path and an extended bike path loop to Big Island State Park with future development as part of a larger, state-wide trail system. The site is the centerpiece of the view of Albert Lea as seen from the I-35 Bridge crossing Albert Lea Lake. Access is provided on Business I-35 from two interchanges and is an approximate 6 minute drive from the interstate. Click here to view the RFP for this site or contact The City of Albert Lea, Bob Graham, Community Development, 507-377-4315 bgraham@city.albertlea.org. |
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An Architectural Jewel. The Freeborn Bank Building/Jacobsen Apartments is considered an arcitectural jewel because of its original terra cotta exterior. The City of Albert Lea, Minnesota is offering two connected buildings for historic redevelopment located in the Albert Lea Central Business District. The buildings are at the original 100% corner of this National Commercial Historic District. The buildings are located at the southeast corner of South Broadway Avenue and East William Street. They were constructed in the early 1920’s, are four stories in height, and share a common stairwell and elevator.The corner building “201” was constructed as the Freeborn National Bank and Medical Arts Center. The building is architecturally significant in the Historic District and essentially unchanged since its original construction. The bank occupied the first floor and the large ornate vault remains in generally good condition. The three upper floors were occupied by medical and professional offices and these were accessed from the main floor foyer entrance and common elevator. The building is post and beam construction. The elevator and stairwell are completely within this building. The adjacent building is also of ornate architecture and four floors in height. This building was identified as the Jacobsen Apartments. The three upper floors of “211” were nine apartments using the foyer entrance and common elevator. The first floor is a separate retail space. There are no current occupants in either building. This is wood frame construction. Originally these two buildings with their common features may have been an early example of a live/work
opportunity and may still be attractive in that use.
The City of Albert Lea is currently in the process of restoring the exterior, including tuckpointing the terra cotta, re-roofing the buildings and installing new windows.
Click here to view the RFP for this site or contact The City of Albert Lea, Bob Graham, Community Development, 507-377-4315 bgraham@city.albertlea.org. |
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Prairie Center, 1450 W. Main Street, Albert Lea,
Minnesota 56007
Type: Professional Building Square feet: 7,500
Lease up to 7,500 square feet of
build-to-suit office or retail space at the Prairie Center, a new
contemporary style professional building. Join a thriving, high traffic
and pedestrian friendly business community with over 15 independent free
standing businesses anchored by a commercial bank and an agricultural
center. Designed with professionals in mind, the Prairie Center offers
easy access and parking at your door. Located on the western edge of
Albert Lea at the corner of highways 46 and 13, to date, the building
houses a bank, a chiropractor and an insurance agency. For more
information contact Tom or Margaret Ehrhardt with Ehrhardt Properties at
1-800-352-5247 or 507-377-1509 mtargret@yahoo.com |
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City of Albert Lea 
