201 S Broadway Ave | Albert Lea, MN 56007
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- LoopNet Team
201 S Broadway Ave
Albert Lea, MN 56007
Mortarr · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Historic Downtown location in an award winning building after exterior restorations.
- Future developlment of unfinished spaces on floors 3 & 4 and in attached building (owned by City of Albert Lea.)
- One block North on Broadway from the downtown Broadway Ave and Main Street intersection.
- Professinally designed offices on main floor & mezzanine and unfinished 2nd floor space for many mixed-use opportunities.
- Former Coffee/Wine Bistro in attached building.
PROPERTY FACTS
Property Type
Office
Property Subtype
Building Size
11,827 SF
Building Class
A
Year Built/Renovated
1922/2020
Percent Leased
25%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,449 SF
Building FAR
1.43
Lot Size
0.19 AC
Zoning
B-3 - Historic Downtown location in a building with award winning exterior restoration completed.
Parking
24 Spaces (0.79 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Reception
- Storage Space
- Basement
- Common Parts WC Facilities
- High Ceilings
- Partitioned Offices
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 34.001.3050 | Improvements Assessment | $1,331,800 |
| Land Assessment | $40,700 | Total Assessment | $1,372,500 |
PROPERTY TAXES
Parcel Number
34.001.3050
Land Assessment
$40,700
Improvements Assessment
$1,331,800
Total Assessment
$1,372,500
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