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$199,900

  • For Sale
  • Active
  • Commercial
  • 3,746 Sq. Ft.
  • 0.05 Acres
See This Home
Save This Home
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Excellent investment opportunity , with this well kept gem in downtown Albert Lea. Within blocks of Fountain Lake and clinic. Well maintained! Huge main floor office area or could be used for any other type of business. Lots of updates throughout the main floor. 2 apartments up , that are well maintained and currently rented. Lots of charm on upper level also. with separate entry for upstairs apartment. This is an over all nice building, it will not disappoint . Priced to sell.

Full Property Details for 226 W Clark St

General

  • Price: $199,900
  • Taxes: $1,610 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6350410
  • Updated: 4/3/2025
  • Added to Site: 780 day(s) ago

Interior

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Additional Information

  • Amenities: Cable, City View, Hardwood Floors, Kitchen Window, Natural Woodwork
  • Shared Amenities: Coin-op Laundry Owned, Concrete Floors & Walls

Parking

  • Parking Features: None

Location

  • County: Freeborn
  • Driving Directions: I 90 West South on Highway 69 East on Clark St. Main St to North On broadway and West on Clark St.

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, Electric Separate, Heating Common, Heating Separate

Structural Information

  • Exterior Const.: Brick/Stone
  • Foundation Size: 1053
  • Roof: Flat
  • Disability Access: None
  • Square Feet: 3,746
  • Finished Down/Base.: 3,746 Sq. Ft.
  • Current Bldg. Use: Office, Residential
  • Year Built: 1926

Unit Information

  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 2

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Dimensions: .05
  • Frontage: City Street
  • Potential Use: Office, Professional Service, Retail
  • Zoning: Business/Commercial

Financial Considerations

  • Operating Expenses: $1,204
  • Tax Amount: $1,610
  • Tax Year: 2024
  • Owner Pays: Taxes, Trash Collection
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: ALBERT LEA ORIGINAL PLAT BLOCK-007 E 30 FT LOTS 15 & 16 BLK 7 ORIGINAL PLAT
  • Inclusions: Building
  • Property ID: 340010630

Listed by Unique Realty

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— 226 W Clark St —

  • Unique Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 226 W Clark St

School District:Albert Lea Public School District
RatingNameGradesDistance
4
Lakeview Elementary School, Albert Lea, MN
902 Abbott St, Albert Lea, MN 56007
PK-50.6 mi
3
Southwest Middle School
1601 W Front St, Albert Lea, MN 56007
6-71.1 mi
5
Albert Lea Senior High School
2000 Tiger Ln, Albert Lea, MN 56007
8-122 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 226 W Clark St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/05/2024
Price Reduced
$199,900
-9.1%
MLS
4/04/2023
Listed
$219,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 226 W Clark St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,676
39%
$109,100
27%
2023
$1,204
-15%
$86,200
42%
2020
$1,422
—
$60,700
-1%
2020
$1,422
2%
$61,400
—
2019
$1,398
-1%
$61,400
100%
2018
$1,414
7%
100%
2016
$1,318
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Unique Realty

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226 W Clark Street, Albert Lea, MN 56007 (MLS# 6350410) is a Commercial property. 226 W Clark Street is currently listed for $199,900 and was received on April 04, 2023. Want to learn more about 226 W 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.

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