24104 755th Ave - Warehouse FOR SALE


Albert Lea, MN 56007
$800,000 USD
952-829-2900
24104 755th Ave, Albert Lea, MN for Sale
$800,000 USD
Warehouse - FOR SALE
1/77
null | Request Cap Rate

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24104 755th Ave
Albert Lea, MN 56007


OVERVIEW

Positioned just 1 mile from Interstate 90, this versatile industrial property offers a rare combination of scale, functionality, and future potential. The site features a 12,330 square foot commercial building on 22 acres, making it ideal for a wide range of industrial and commercial uses. The existing structure includes approximately 7,670 SF of warehouse space, 4,000 SF of shop area, along with 330 SF of office space and a 330 SF mezzanine for additional storage. The entire building is insulated and heated, with 20’ interior clear height, 17’ overhead doors, and an existing loading dock plus five additional outdoor dock positions—supporting efficient operations for logistics, manufacturing, or service-based businesses. The expansive acreage provides ample yard space for outdoor storage, fleet parking, or equipment staging, with significant room for future expansion or redevelopment. A secondary partially completed ~8,000 SF structure adds further upside for an owner-user or investor looking to customize the site. Historically utilized for manufacturing and recycling, the property is well-suited for continued industrial use but also presents strong potential for contractor yards, trucking and logistics operations, equestrian facilities, equipment storage, distribution or other industrial applications. Its flexible layout and abundant land make it adaptable to a variety of business models. Located in a developing corridor with a mix of uses including a nearby assisted living community, electric company, autobody and graphics shop, county offices and church the property offers both accessibility and long-term redevelopment potential.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Truck Terminal, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

21.92

LAND SF

954,835

ZONING

Commercial

APN/PARCEL ID

13.021.0082,13.021.0083

ASK ABOUT THIS PROPERTY

Bryce CaldwellRemaxMore Info
952-829-2900

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Bryce CaldwellRemaxMore Info
952-829-2900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.