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MLS# 6816926 - 115 N Newton Avenue Albert Lea, MN 56007
LandProz Real Estate, LLC is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Cummings Janzen Realty, Inc. is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Cummings Janzen Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
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Whether you’re looking for an investment property with outstanding ROI, a turn-key Airbnb, long term lease property, or a stylish live/work setup, this stunning, fully renovated gem has it all!\n\nPrime Features & Flexibility\n• Brand-new off-street parking lot with 24-hour parking—a rare find downtown!\n• Zoned for both commercial and residential use – endless possibilities!\no Run your business on the main level and live upstairs,\no OR operate commercial spaces on both floors,\no OR lease out as two separate income-producing units!\n• Not eligible for traditional home mortgages – must be financed as a commercial loan (but the ROI makes it worth every penny!).\n\nCompletely Renovated, Top to Bottom\nStep inside and fall in love with this modern masterpiece, featuring:\n• Gorgeous hardwood flooring throughout entire main level\n• Stainless steel appliances\n• Stylish sliding barn door\n• Beautiful tiled bathroom with glass shower\n• All new windows, newer roof and Central Air\nEverything you see stays! That’s right—this property comes fully furnished with chic living room, dining, and bedroom sets, plus gaming and recreation equipment (ping pong, foosball, basketball hoop game, air hockey & more!).\n\nSmart Investment, Strong Returns\nWith Airbnb or long-term leasing, projected income exceeds $30,000+ per year with only $8,000/year in total expenses (utilities, internet, garbage—all in!).\nThat’s serious cash flow from day one.\n\nUnbeatable Location & Lifestyle\nWake up every morning to gorgeous Fountain Lake views from every window, and step outside to a lifestyle that’s pure Minnesota magic:\n• Just steps to the lake for walking, biking, or jogging\n• A short stroll to Fountain Lake Pavilion for live music and community events\n• Walk to Downtown Albert Lea’s revitalized core with endless dining, shopping, fitness, and entertainment options — including the Marion Ross Theatre, local pubs, cafés, the public library, and more!\nAnd despite the location this building is shockingly private and unbelievably QUIET with the acoustic tiles! 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