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1619 W Main St 1.5 Acres of Commercial Land Offered at $348,980 CAD in Albert Lea, MN 56007
INVESTMENT HIGHLIGHTS
- Highway/Main Street Frontage.
- Multi-Family Redevelopment Adjacent.
- Direct Two-Way (four lane) Access.
- Revolving Loan Fund Potential: growalbertlea.com.
EXECUTIVE SUMMARY
Multi-family developers of former Skyline Mall are selling
approximately 1.5 acres of the lot for redevelopment of a
retail pad off I-90. Near 50+ multi-family new construction
residential, Bomgaars, and a local liquor store. Excellent
traffic, visibility and pedestrian access. Shared parking is
available for the demised lot and owners can assist in
construction if needed.
approximately 1.5 acres of the lot for redevelopment of a
retail pad off I-90. Near 50+ multi-family new construction
residential, Bomgaars, and a local liquor store. Excellent
traffic, visibility and pedestrian access. Shared parking is
available for the demised lot and owners can assist in
construction if needed.
PROPERTY FACTS
| Price | $348,980 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.50 AC |
| Property Type | Land | ||
| Zoning | Commercial | ||
| Price | $348,980 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.50 AC |
| Zoning | Commercial |
1 LOT AVAILABLE
Lot
| Price | $348,980 CAD | Lot Size | 1.50 AC |
| Price Per AC | $232,653.34 CAD |
| Price | $348,980 CAD |
| Price Per AC | $232,653.34 CAD |
| Lot Size | 1.50 AC |
Albert Lea Retail Pad.
DESCRIPTION
Development acreage located near 50+ multi-family new construction residential, Bomgaars, and a local liquor store. Excellent traffic, visibility and pedestrian access. Shared parking is available for the demised lot and owners can assist inconstruction if needed.
1 1
PROPERTY TAXES
| Parcel Number | 34.163.0020 | Improvements Assessment | $1,737,767 CAD |
| Land Assessment | $293,836 CAD | Total Assessment | $2,031,604 CAD |
PROPERTY TAXES
Parcel Number
34.163.0020
Land Assessment
$293,836 CAD
Improvements Assessment
$1,737,767 CAD
Total Assessment
$2,031,604 CAD
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1619 W Main St
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