For Auction

$1 Auction | Gas Station Albert Lea MN

901 W. Main Street,
Albert Lea, MN 56007Represented by
Baum Realty Group

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
0.44 Acres
Land Area
960 SF
Property Size

Offering Summary

Investment Highlights

  • Gas station with new pumps available for sale
  • Located at the corner of Main Street & S. 1st Avenue (8,500 VPD)
  • New POS system, Hunt’s Brothers pizza equipment, and other upgrades recently installed
  • Sale includes business and the land - ideal for an owner / user
  • Nearby Freeways: I-35 to the east and I-90 to the north
  • Sold free of a supply agreement allowing a new owner to sign a supply agreement or supply their own gas


Offering Summary

Baum Realty Group, in conjunction with Real Insight Marketplace, are pleased to present for sale the Albert Lea Gas Station and Mini-Mart.  This gas station boasts recently new pumps (4 fuel pumps with two 10,000 gallon underground fuel tanks) and an excellent locatioin at the corner of Main Street and S. 1st Avenue which sees 8,500 VPD. Buyer gets the advantage of acquiring this property which comes with a new POS system, Hunt's Brothers pizza equipment and other new upgrades recently installed. The sale includes both the business and the land (+/- .44 acres) and is ideal for an owner/user.  This will be sold free of a supply agreement, allowing a new owner to sign a supply agreement or supply their own gas.
 

Due Diligence

Transaction Managers

Damian Smoter
Marketplace
(800) 915-7015dsmoter@realinsight.com
Darlene Johnson
Marketplace
(800) 915-7015djohnson@realinsight.com

Platform Fee

Buyer pays a minimum platform fee of 5% or $20,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Col. Frank B., Imholte
c/o Fisher Auction Company Inc.
License: 84-302

Need Help?

Your transaction managers are your first point of contact for any auction or process questions. For additional support:

info@rimarketplace.com800-915-7015

Under Contract

This asset was part of the December 6th, 2023 auction event and is currently under contract.
Ready to sell your asset on the platform with the highest trade rate in the industry?
Interested in additional investment opportunities?

Investment Sales Brokers

Tyler Dechter
Baum Realty Group
(847) 767-3342tyler@baumrealty.com
Owen Wiesner
Baum Realty Group
(312) 275-3119owen@baumrealty.com
Ari Topper
Baum Realty Group
(312) 550-7018ari@baumrealty.com
RL
Roger Lenahan
Cambridge Commercial Realty
MN License: 80143

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.