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2306 E Main St
Albert Lea, MN 56007
Hospitality Property For Sale
Investment Highlights
- Court Ordered Sale! Currently in Receivership: 2306 E Main S is a 46,090-square-foot building dual-branded by Econo Lodge and Quality Inn & Suites.
- Currently at 26% RevPAR Index of Comp Set – Opportunity for Growth!
- Property’s monumental pylon signage and building signages are highly visible with frontage along Highway 65 near the Interstate 90 and 35 corridors.
- Great Owner Operator Opportunity! Value-add economy and midscale hotels are perfect for investors adding a well-located hotel to their portfolio.
- Near the Albert Lea Municipal Airport, Northbridge Mall, Albert Lea City Arena, and the Myre-Big Island State Park.
- 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 |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
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