- For Sale $495,000
- Property Type VacantLand
- Lot Size 1.5 Acre
- Date Updated Jun 17, 2026
Description
This parcel is located in Albert Lea, Minnesota 4 miles west of Interstate 90. This development site is adjacent a new 50+ unit multi-family development, Skye Lofts. Shared parking, buildout incentives and more are negotiable for the right user.Multi-family developers of former Skyline Mall are selling approximately 1.5 acres of the lot for redevelopment of a retail pad off I-90. Near 50+ multi-family new construction residential, Bomgaars, and a local liquor store. Excellent traffic, visibility and pedestrian access. Shared parking is available for the demised lot and owners can assist in construction if needed.
Highlights
- Direct Two-Way (four lane) Access
- Highway/Main Street Frontage
- Multi-Family Redevelopment Adjacent
- Revolving Loan Fund Potential: growalbertlea.com
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Contacts
David Schooff
NAI North Star
Location
Contact Listing Broker
David Schooff
NAI North Star