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1619 W Main St 1.5 Acres of Commercial Land Offered at $340,077 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
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 | $340,077 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 | $340,077 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 | $340,077 CAD | Lot Size | 1.50 AC |
| Price Per AC | $226,718.33 CAD |
| Price | $340,077 CAD |
| Price Per AC | $226,718.33 CAD |
| Lot Size | 1.50 AC |
This parcel is located in Albert Lea, Minnesota 4 miles west of Interstate 90. This development site is adjacent a new 50+ unit multi-family development, Skye Lofts. Shared parking, buildout incentives and more are negotiable for the right user.
Description
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.
Presented by
1619 W Main St
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