Date
Details
Price
Change
Source
6/11/2026
Listed
$129,900
—
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
Great opportunity for a downtown commercial building with 3 units - 2 office spaces and 1 apartment. 2 units are rented. The lower unit is vacant and was previously used as office space and ready to be rented or utilized.
Full Property Details
Full Property Details for 216 Washington Ave S
General
- Price: $129,900
- Taxes: $3,824 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7091296
- Updated: 6/11/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Off Site, More Parking Offsite for Fee
Location
- County: Freeborn
- Township: Albert Lea
- Driving Directions: From the intersection of Broadway Ave and Main Street go West 1 block then go North on Washington Street.
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: Electric, Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Separate
Structural Information
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Foundation Size: 3174
- Disability Access: Partially Wheelchair
- Current Bldg. Use: Office, Professional Service
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.073
- Lot Dimensions: 138 x 23
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $3,824
- Tax Year: 2026
- Owner Pays: Sewer, Water
- Tenant Pays: Electricity, Gas
- Pays Electric: Tenant Pays
- Pays Gas: Tenant Pays
- Pays Water: Owner Pays
Disclosures and Reports
- Legal Description: ALBERT LEA ORIGINAL PLAT BLOCK-020 REV DESC NO. 3204 PT LOTS 2 & 3 BLK 20 ORIGINAL PLAT CITY OF ALBERT LEA
- Inclusions: Building
- Property ID: 340012550
Listed by Leland Realty
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Listing agent
— 216 Washington Ave S —
Leland Realty
NMLS#: 1598647
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Schools
Schools serving 216 Washington Ave S
School District:Albert Lea Public School District
| Name | Grades | Distance |
|---|---|---|
Lakeview Elementary School, Albert Lea, MN 902 Abbott Street, Albert Lea, MN 56007 | K-5 | 0.7 mi |
Southwest Middle School 1601 West Front Street, Albert Lea, MN 56007 | 6-7 | 1.1 mi |
Albert Lea Senior High School 2000 Tiger Lane, Albert Lea, MN 56007 | 8-12 | 2 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 216 Washington Ave S
Tax History
Tax History for 216 Washington Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,636
29%
$180,100
8%
2023
$2,820
35%
$167,500
26%
2023
$2,082
-19%
$132,500
42%
2020
$2,570
—
$93,600
3%
2020
$2,570
2%
$90,600
—
2019
$2,512
8%
$90,600
100%
2018
$2,320
7%
100%
2016
$2,170
—
—
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 216 Washington Ave S
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 3,288Sq. Ft.
Listed by eXp Realty
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 1Total Bath
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- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 872Sq. Ft.
Listed by Shanti Pfenning (503) 929-9655
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 990Sq. Ft.
Listed by Wayvora Realty
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 3Total Baths
- 1,821Sq. Ft.
Listed by Coldwell Banker River Valley, REALTORS
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,306Sq. Ft.
Listed by Robert Hoffman Realty Inc.
- Single Family
- Active
- Updated 6 days ago
- 2Beds
- 3Total Baths
- 1,445Sq. Ft.
Listed by Realty ONE Group Black Diamond
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,069Sq. Ft.
Listed by eXp Realty
Sold by Leland Realty
Sold by Leland Realty
- Single Family
- Closed
- 3Beds
- 1Total Bath
- 1,538Sq. Ft.
Listed by Help-U-Sell Heritage Real Est.
Sold by Century 21 Atwood
Sold by Century 21 Atwood
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 868Sq. Ft.
Listed by eXp Realty
Sold by Realty ONE Group Black Diamond
Sold by Realty ONE Group Black Diamond
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 960Sq. Ft.
Listed by eXp Realty
Sold by Robert Hoffman Realty Inc.
Sold by Robert Hoffman Realty Inc.
216 Washington Avenue S, Albert Lea, MN 56007 (MLS# 7091296) is a Commercial property. 216 Washington Avenue S is currently listed for $129,900 and was received on June 11, 2026. Want to learn more about 216 Washington Avenue S? 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.