$80,000
$84,900
5.8%For more information regarding the value of a property, please contact us for a free consultation.
101 S Newton AVE Albert Lea, MN 56007
2,178 Sqft Lot
Key Details
Sold Price $80,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6257207
Sold Date 10/18/22
Year Built 1963
Annual Tax Amount $999
Tax Year 2022
Contingent None
Lot Size 2,178 Sqft
Acres 0.05
Lot Dimensions 52x66
Property Description
Updated building located on a corner lot with high visibility. Triple net lease with cap rate over 10%. Multiple updates have been performed to this property which included: 2020 exterior glass doors, windows, and roof seams sealed. 2014
Furnace, Air, Duct work, Basement tile system with sump pump, Bathroom with sewage ejection pump, Spray foam roof deck, walls and ream joist, electrical and electrical box, Sheetrock, mud interior and exterior paint, Interior door and trim, Flooring
Location
State MN
County Freeborn
Zoning Business/Commercial
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Concrete
Utilities Available Electric Separate, Heating Separate
Roof Type Flat
Present Use Professional/Office
Building
Lot Description Corner Lot
Story One
Foundation 664
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block
Schools
School District Albert Lea
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