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32005213
32005226

2102 East Main Street, Albert Lea, MN 56007 For Sale

IN
MN 40432659
KW Commercial Midwest - Apple Valley - Ivy Nivek
ST
UT UT 5450439-AB00
KW Commercial KW South Valley Keller Williams
Listed by KW Commercial Midwest - Apple Valley - Ivy Nivek, KW Commercial KW South Valley Keller Williams
$1,400,000
85 days on market
Updated 82 days ago
Opportunity zone

2102 East Main Street

Details
Property Type Hospitality
Sub Type Hotel, Motel
Square Footage 15,545
Keys 49
Year Built 1969
Stories 1
Acreage 1.510
Parking Spaces 45 spaces
Parking per 1,000 SqFt 2.89

49-Room Motel Opportunity at Major Midwest Travel Corridor

Marketing description

2102 East Main Street presents a 49-room motel opportunity in Albert Lea, Minnesota. The property sits along East Main Street, one of the primary commercial corridors serving the city, providing consistent visibility, direct access, and proximity to major travel routes connecting southern Minnesota with northern Iowa.

Albert Lea benefits from steady visitor traffic driven by interstate travel, regional business activity, and recreation centered around the city’s lakes. The property is positioned near Interstate 35 and Interstate 90, supporting a consistent flow of travelers. Guests benefit from convenient access to nearby dining, retail services, and regional employers, reinforcing both overnight and extended-stay demand.

The motel includes 49 guest rooms and offers an established hospitality operation within a stable Midwestern market. The layout supports efficient day-to-day operations, while the room count provides strong revenue potential for an owner-operator or investor.

The property also features a caretaker/owner home connected to the lobby, configured as a 3-bedroom, 2-bathroom unit. This provides an opportunity for onsite management or additional rental income. In addition, a 2.5-stall garage is located at the rear of the property, offering functional storage and operational support space.

Albert Lea continues to serve as a regional hub for travelers, contractors, and business visitors. Its connectivity to major highways, combined with access to lakes, parks, and outdoor recreation, supports consistent year-round lodging demand.

Investment highlights

  • 49 guest rooms with established operational history
  • Offered at $1.4M with value-add and operational upside
  • Attached 3-bedroom, 2-bath owner/operator residence
  • 1.51-acre site (±65,776 SF)
  • 45 surface parking spaces (0.92/room ratio)
  • Interstate-oriented location with consistent traveler flow
  • Zoned B-2 allowing commercial flexibility
  • Wood-frame construction, single-story layout (built 1969)

Listing Contacts

IN
MN 40432659
KW Commercial Midwest - Apple Valley - Ivy Nivek
ST
UT UT 5450439-AB00
KW Commercial KW South Valley Keller Williams
Listed by KW Commercial Midwest - Apple Valley - Ivy Nivek, KW Commercial KW South Valley Keller Williams

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