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2301 E Main St
Albert Lea, MN 56007
Court Order Sale | Ramada Albert Lea · Hospitality Property For Sale · 81,357 SF

Investment Highlights

  • Court Ordered Sale! Currently in Receivership: 2301 E Main St is a 105-key, three-story building that houses Ramada Albert Lea by Wyndham.
  • Near the Albert Lea Municipal Airport, Northbridge Mall, Albert Lea City Arena, and the Myre-Big Island State Park.
  • The Ramada offers patrons a complimentary breakfast buffet, an indoor heated pool, a sauna, a fitness center, conference rooms, and a banquet hall.
  • Great Owner Operator Opportunity! Income-producing hospitality investment that offers lucrative operational upsides for a new owner.
  • Property's monumental pylon and building signage are highly visible, with frontage along Highway 65 near the Interstate 90 and 35 corridors.
  • Conveniently located 1.5 hours from Minneapolis, MN, 2 hours Des Moines, IA, 2.5 hours from Sioux Falls, SD, and 3 hours from Cedar Rapids, IA.

Property Facts

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.05 AC
Building Size 81,357 SF
No. Stories 3
Year Built/Renovated 1967/2018
Parking Ratio 0.99/1,000 SF
Corridor Interior
Zoning B-2
Parcel Numbers
34.193.0050
  • 34.249.0110

Amenities

  • Pool
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Hot Tub
  • Listing ID: 35541533

  • Date on Market: 4/17/2025

  • Last Updated:

  • Address: 2301 E Main St, Albert Lea, MN 56007

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