244 Clark Street W Albert Lea, MN ^$ 134,900

244 Clark Street W

^$ 134,900

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244 Clark Street W

Albert Lea, MN, 56007

^$ 134,900

Studio Baths0.0 Sq 1,627

Monthly Estimate*

^$ 942

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Studio

Commercial Property for sale in Albert Lea, MN

for $134,900. This 1,627 square foot building was built in 1888 on a lot size of 0.14.

Centrally located! Great place to make all your business/self-employment dreams come true! Abundant opportunities await with this great find. Upper level is a one-bedroom apartment. Lower level was used for many years as a professional office setting. Newly updated electric to circuit breakers. Schedule your showing today!

Commercial Active

Price

^$ 134,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,925

Style

Mixed Use

Lot Size

0.14

Year Built

1888

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

6504411

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Electric Separate

Garage Spaces 0

Construction Materials Shake Siding Vinyl Siding

Year Built 1888

Levels Two

Property SubType Mixed Use

Tax Year 2024

Current Use Office Professional Service Vacant

Accessibility None

County Freeborn

Property Type Commercial Sale

Contingency None

Directions Fountain St to south on Broadway Ave west on Clark St.

City Albert Lea

Buyer Agent Compensation 3.00

High School District Albert Lea

Zoning Description Business/Commercial

Total Units 2

Street Name Clark

Land Lease Y/N N

Tax Annual Amount 1925

Additional Parcels Y/N N

Virtual Tour https://my.matterport.com/show/?m=A3mc2gu7xD1&mls=1

Days on Market 33

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Partial

Basement (Y/N) Y

Street Suffix Street

Fuel Natural Gas

Exterior

Parking Features Driveway - Other Surface More Parking Offsite for Fee

Water Source City Water/Connected

Inclusions Building Fixture/Equipment

Lot Size Area 0.14

Building Area Total 1627

Lot Dimensions 64x92

Lot Size Units Acres

Foundation Area 411

Internal Only

Street Number 1 244

* Excluded Features

List By

Leland Realty

Broker

matnjohnson@yahoo.com

Affordability Calculator

$1,103

Per Month

Monthly Principal & Interest: $942
Monthly Property Taxes: $160
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Albert Lea, MN

Average List Price ^$264,746

Percent of Sale Price 96%

About Albert Lea, MN

17,794 Population

-4% Since 2002

^$44,096 Median Income

43.27 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708674 Elementary School

708663 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$134,900		Listed Price

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244 Clark Street W, Albert Lea, MN, 56007 is a Commercial Property for sale at $134,900 with 1,627 sqft and a lot size of 0.14. 244 Clark Street W is a studio with 0.0 baths and was built in 1888. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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244 Clark Street W

Commercial Property for sale in Albert Lea, MN

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