Date
Details
Price
Change
Source
9/21/2026
Listed
$500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Don't miss out on this opportunity with this extremely well maintained office building with over 20,000sf of furnished floor area located in Albert Lea's downtown Central Business District. Included with these areas are private offices, two large conference rooms, employee breakroom, storage areas and indoor parking. (some of the private offices are provided with a lakeview). All three levels of this building have upper scale office furnishing including, desks, chairs, file cabinetry, modular office wall partitions and much more. The estimated value of these listing furnishings are in the $100,000.00 range and are included with the listing price. The building elevator which services all three levels is currently rendered inoperable but can be placed back into service upon request. There is currently a lease in place for approximately 5000s.f on the main level office area, this lease expires in 2028, a copy of this current lease is available upon request. This building also has a backup power generator that will service the entire building during times of power outages. This building could be utilized for one single tenant or could be easily split into four separate lease spaces.
Full Property Details
Full Property Details for 201 E Clark St
General
- Price: $500,000
- Taxes: $16,242 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7145184
- Updated: 9/21/2026
- Added to Site: 3 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Carpet, Tile
Additional Information
- Amenities: Natural Woodwork, Paneled Doors
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 54' x 36'
- Garage Spaces: 4
- Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage, Parking Garage, Shared Garage/Stall, Tuckunder Garage
Location
- County: Freeborn
- Township: Albert Lea
- Driving Directions: Property is one block east of N Broadway Ave. on the northeast corner on the intersection on No. Newton Ave. and E. Clark Street. Next door to the east of the Albert Lea City Hall.
School Information
- School District: 241 - Albert Lea
- High School District: Albert Lea
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Common, Hot Water Common
Structural Information
- Exterior Const.: Brick, Concrete
- Foundation Size: 8052
- Roof: Age Over 8 Years, Flat, Rubber
- Ceiling Height: 8-10
- Disability Access: Doors 36"+, Accessible Elevator Installed, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles
- Square Feet: 20,100
- Finished Down/Base.: 20,100 Sq. Ft.
- Current Bldg. Use: Professional/Office, Commercial, Office
- Year Built: 1916
Lot Features
- Lot Size (Acres): 17,760
- Lot Dimensions: 240' x 74'
- Frontage: City Street, Paved Streets, Sidewalks, Street Lights, Storm Sewer
- Potential Use: Office, Professional Service, Income, Medical/Dental
- Zoning: Business/Commercial
- Lot Description: Corner Lot, Light Tree Coverage, Underground Utilities
Water Features
- Water Front Desc.: Lake View
- Water Front Elev.: 4-10
- Lake Front: Yes
- Lake Bottom: Undeveloped
Financial Considerations
- Tax Amount: $16,242
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: Outlots Lot PT2 W1/2 W1/2 Outlot 2 & Also Vacated Portion of Newton Ave. & Clark St. Exc. N 24FT for Street Original Plat
- Inclusions: Building, Fixture/Equipment, Land, Leases
- Property ID: 340050020
Listed by Century 21 Atwood
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— 201 E Clark St —
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NMLS#: 1598647
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Schools
Schools serving 201 E Clark St
School District:Albert Lea Public School District
| Name | Grades | Distance |
|---|---|---|
Hawthorne Elementary School 1000 East Hawthorne Street, Albert Lea, MN 56007 | K-5 | 0.8 mi |
Southwest Middle School 1601 West Front Street, Albert Lea, MN 56007 | 6-7 | 1.3 mi |
Albert Lea Senior High School 2000 Tiger Lane, Albert Lea, MN 56007 | 8-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 201 E Clark St
Tax History
Tax History for 201 E Clark St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,242
6%
$535,900
—
2024
$15,354
-2%
$535,900
7%
2023
$15,604
-2%
$500,400
-32%
2023
$15,848
4%
$732,400
3%
2020
$15,288
—
$713,700
73%
2020
$15,288
-1%
$412,100
—
2019
$15,462
2%
$412,100
100%
2018
$15,192
21%
100%
2016
$12,512
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 201 E Clark St
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- Lots/Land
- Active
- Updated 2 days ago
- 0.459Acres
Listed by Help-U-Sell Heritage Real Est.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,431Sq. Ft.
Listed by Leland Realty
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,025Sq. Ft.
Listed by EXIT Realty - Great Plains
- Single Family
- Active
- Updated 11 hours ago
- 3Beds
- 1Total Bath
- 1,296Sq. Ft.
Listed by Coldwell Banker River Valley,
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- Single Family
- Active
- Updated 6 days ago
- 3Beds
- 1Total Bath
- 1,197Sq. Ft.
Listed by Leland Realty
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,456Sq. Ft.
Listed by Leland Realty
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
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Listed by Beycome Brokerage Realty LLC
- Single Family
- Active
- Updated 21 hours ago
- 3Beds
- 2Total Baths
- 1,856Sq. Ft.
Listed by Help-U-Sell Heritage Real Est.
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,636Sq. Ft.
Listed by Real Broker, LLC.
Sold by Century 21 Atwood
Sold by Century 21 Atwood
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 3,063Sq. Ft.
Listed by RE/MAX Results
Sold by Bridge Realty, LLC
Sold by Bridge Realty, LLC
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,938Sq. Ft.
Listed by Leland Realty
Sold by Leland Realty
Sold by Leland Realty
- Single Family
- Closed
- 6Beds
- 4Total Baths
- 3,520Sq. Ft.
Listed and Sold by Coldwell Banker River Valley, REALTORS
201 E Clark Street, Albert Lea, MN 56007 (MLS# 7145184) is a Commercial property. 201 E Clark Street is currently listed for $500,000 and was received on September 21, 2026. Want to learn more about 201 E Clark Street? Do you have questions about finding other Commercial real estate for sale in Albert Lea? You can browse all Albert Lea real estate or contact a Coldwell Banker agent to request more information.