901 Luther Pl - Health Care FOR SALE
Albert Lea, MN 56007 |
312-718-2876
901 Luther Pl
Albert Lea, MN 56007
HIGHLIGHTS
- Former 167-unit skilled nursing facility totaling ~93,634 square feet on a 5.67-acre campus in Albert Lea, Minnesota.
- Vacant facility offering immediate repositioning potential for board & care, behavioral health, inpatient rehabilitation, or other uses.
- Three-story building featuring 167 units, chapel, dining hall, commercial kitchen, common areas, and institutional healthcare infrastructure.
- Less than five minutes from Mayo Clinic Health System–Albert Lea, a 79-bed hospital and the region's primary healthcare provider.
- Senior demographics, w/ more than 6,300 residents age 65+ w/in a 10-mile radius and a growing 75+ population supporting long-term healthcare demand.
- Affluent regional location with an average household income exceeding $83K within a 10-mile radius, about $16.8M in annual healthcare expenditures.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
167-Unit Former Skilled Nursing Facility
PROPERTY TYPE
Health Care
TOTAL BUILDING SIZE
-
STORIES
3
BUILDING CLASS
C
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
75
LAND DETAILS
LAND ACRES
5.67 AC
LAND SF
246,985 SF
ZONING
PD
APN/PARCEL ID
34.737.0010
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312-718-2876
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312-718-2876
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