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For Sale:  Faribault MLS# 7028927

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Active NEW!
$450,000
/mo Edit
Commercial:  1 Story
Built 1978
4 acres
MLS# 7028927
763-576-8286
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    Property Description

    4 ACRES!! Highly visible commercial opportunity at the entrance of I-35 & Hwy 21 in Faribault. This property features a single-story 1500 sq ft office building with reception area, open workspace, restroom, utility/storage room, and kitchenette. Large front windows and dual entry doors provide excellent natural light and accessibility. In addition to the office building, the property includes a detached 1872 sq ft multi-stall garage/shop building with several overhead doors - ideal for contractors, storage, service businesses, or light industrial use. The expansive lot offers ample parking, outdoor storage potential, and significant room for expansion or redevelopment. Located in a growing commercial area with strong highway access and visibility, this property presents a flexible opportunity for business owners, investors, or future development.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $450,000
    Property Type: Commercial
    City: Faribault
    Garage Spaces: 6
    County: Rice
    Year Built: 1978
    State: MN
    Property Style: 1 Story
    Zip Code: 55021

    Interior

    Ceiling Height: 8-10
    Flooring: Tile, Vinyl
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 6
    Garage Size: 1,872 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,500 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Detached Garage
    • Garage Door Opener
    • Heated Garage
    • Insulated Garage
    • Multiple Garages
    • Parking Lot
    • RV Access/Parking
    • Storage
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Storm Sewer
    • Street Lights
    Exterior Material: Block
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Lot & Land

    Acres: 4
    Geolocation: 44.322638, -93.304647
    Inclusions: Building, Land
    Lot Dimensions: 4 Acres
    Zoning: Business/Commercial
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light
    • Underground Utilities

    Farm

    Topography: High Ground

    Schools

    School District: 2145
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,412
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $9,412

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Professional Service
    • Vacant
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System:
    • City Water/Connected
    • Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Re/Max Advantage Plus.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.