Faribault MN Commercial for Sale

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Type:
Other
Sq.Ft.:
3,068
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1900
Baths:
MLS#:
6621286

ADDITIONAL INFORMATION

Discover an exceptional investment opportunity in the heart of historic downtown Faribault, a vibrant and rapidly growing city conveniently located off I-35. This unique property places you right amidst charming restaurants, local retail shops, and scenic parks and trails. Faribault’s lively community and the soon-to-be-opened Viaduct Park—featuring a splash pad, skating area, concessions, and gathering spaces—make this an ideal spot to house and grow your business and also your rental portfolio. Find endless potential here as the main floor which currently functions as a retail & event space, but would be perfect for a number of different small business types. Perhaps a boutique shop, ice cream parlor, beauty service day spa, a unique office space, a small restaurant, or specialty candy store...bring your ideas! The space can easily adapt to match your vision, whatever it may be. An occupied one-bedroom apartment on the upper floor offers the option for either short-term rental, benefiting from the nearby wedding venue, or a stable long-term rental income. With extremely low vacancy rates in Faribault, the residential unit is a prime investment feature. Options of converting 600 sq ft of the rear main floor into a rental studio, would allow you to maintain a storefront while securing additional rental revenue. This rare find includes an attached garage and a private green space, combining the best of downtown accessibility with a touch of nature. The property is perfect for an entrepreneur looking to invest in a thriving area with multiple revenue streams. Seize this unique opportunity to be part of Faribault’s growth and bring your business or investment ideas to life!

Type:
Other
Sq.Ft.:
1,200
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1947
Baths:
MLS#:
6613626

ADDITIONAL INFORMATION

Are you looking for that unique property that can provide for many uses, look no further! This commercial building houses a security system and a 220 volt 3- Phase Electrical System used to generate, transmit, and distribute electricity, typically used in industrial & manufacturing settings. In the basement you will find a vault door leading into an area that features climate controlled capability. The basement walls and ceiling features cement forms that provide as much security as a bank vault! The basement area also has plenty of heavy duty removable storage shelving and would make for an ideal grow room! On the main level you could set up a retail store or create office space, as you service the traffic & customers that drive by daily! The sky is definitely the limit with this diamond in the rough! Hurry on out for a showing, as it won't last long!

Type:
Office
Sq.Ft.:
264
Status:
Active
Beds:
n/a
Year built:
2008
Baths:
MLS#:
6573199

ADDITIONAL INFORMATION

Type:
Office
Sq.Ft.:
3,622
Status:
Active
Beds:
n/a
Lot size:
0.97 Acres
Year built:
2006
Baths:
MLS#:
6549451

ADDITIONAL INFORMATION

This versatile commercial space offers a perfect blend of convenience, visibility, and adaptability. Property layout can be easily modified to suit your business requirements. Exceptional visibility, cental location just off Hwy 60 and Hwy 21 ensuring maximum exposure for your brand. Take advantage of the steady flow of foot traffic and vehicular commuters to boost your business presence and attract potential customers, location near the Chamber of Commerce, and multiple businesses. This commercial space offers ample parking spaces, providing convenience for both employees and clients. Lease is a modified gross lease. Wonderful opportunity for multiple different user types, bring your plans and we can create the space that will fit your needs. Call now for more information or to view the property. Currently space has reception, break room, conference space, offices and flex space. Many options and ability to modify floor plan to meet your needs! Flexible Lease Terms available.

Type:
Retail
Sq.Ft.:
5,712
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1920
Baths:
MLS#:
6545545

ADDITIONAL INFORMATION

Great downtown location offers this beautiful space for your business. Newly finished top to bottom. The main area has over 4000 sq. Ft. of open area, 22’ ceilings, 2 restrooms, and a bar area ready for your set up. Two nearly 600 sq. Ft. Lofts at the front and back of the building have endless uses. Add to your business space or use for storage. One can double their investment space and build an interior wall right down the center to make 2 separate spaces. Plenty of foot traffic here as the property is centrally located close to businesses, parks, restaurants and much more.

Type:
Office
Sq.Ft.:
88,003
Status:
Active
Beds:
n/a
Lot size:
7.4 Acres
Year built:
1960
Baths:
MLS#:
6528733

ADDITIONAL INFORMATION

Great prime office or retail space available. Up to 23,000 SF available. Suites of smaller sizes available. Call for options.

Type:
General Commercial
Sq.Ft.:
3,400
Status:
Active
Beds:
n/a
Lot size:
1.9 Acres
Year built:
1979
Baths:
MLS#:
6489131

ADDITIONAL INFORMATION

Warehouse & Store/ Office space available! 10,000 SF of warehouse with 2 loading docks and 1 drive in door with another 3,400 of Office/ Store frontage. Also available 4,800 to 7,200 SF of Warehouse space with drive in door and loading dock.

Type:
General Commercial
Sq.Ft.:
257,816
Status:
Active
Beds:
n/a
Year built:
1900
Baths:
MLS#:
6477534

ADDITIONAL INFORMATION

Approximately 30,000 SF of warehouse space for lease. Loading docks and drive in doors available.

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Faribault Real Estate

The median home value in Faribault, MN is $307,500. This is lower than the county median home value of $309,900. The national median home value is $338,100. The average price of homes sold in Faribault, MN is $307,500. Approximately 62.42% of Faribault homes are owned, compared to 32.56% rented, while 5.03% are vacant. Faribault real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Faribault real estate agent to arrange a tour today!

Faribault, Minnesota has a population of 24,310. Faribault is less family-centric than the surrounding county with 28.01% of the households containing married families with children. The county average for households married with children is 31.62%.

The median household income in Faribault, Minnesota is $55,229. The median household income for the surrounding county is $71,384 compared to the national median of $69,021. The median age of people living in Faribault is 38.3 years.

Faribault Weather

The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 33.8 inches per year, with 45.3 inches of snow per year.

Faribault Real Estate Market Conditions

  • Median sales price

    $307,500
    12.2% change since last quarter
  • # Active listings

    101
    30-day change

Faribault Schools and Demographics

Education near Faribault, MN

Metric City County
High School Graduates 87.16 92.31
College Degree - 2 year 8.47 11.24
College Degree - 4 year 17.68 28.93
Graduate Degree 4.26 7.35
Expenditures per Student 20,007 20,007
Students per Teacher 15.2 15.2

Elementary Schools near Faribault, MN

School Grades Students P/T Ratio ZIP
Cannon River Stem School KG - 08 294 12.7 55021
Jefferson Elementary School KG - 05 530 12.3 55021
Lincoln Elementary School KG - 05 512 12.2 55021
Lonsdale Pre K-4 PK - 04 249 15 55046
Medford Elementary School PK - 06 478 15.3 55049
Nerstrand Charter School KG - 05 152 18.3 55053
Roosevelt Elementary School KG - 05 510 13 55021

Middle Schools near Faribault, MN

School Grades Students P/T Ratio ZIP
Faribault Middle School 06 - 08 856 15.6 55021
Morristown Elementary School 05 - 06 122 14 55052
Waterville-Elysian-Morristown Junior School 07 - 08 114 10.7 55052

High Schools near Faribault, MN

School Grades Students P/T Ratio ZIP
Faribault Senior High School 09 - 12 1,222 21.6 55021
Medford Secondary School 07 - 12 375 15.5 55049

Ungraded Schools near Faribault, MN

School Grades Students P/T Ratio ZIP
* Faribault Area Learning Center 09 - 12 116 15.4 55021
* Secondary Area Learning Cntr. Summer 09 - 12 0 55021
Cannon River Education Center S.U.N KG - 12 10 4.6 55021
Discovery Public School Faribault 06 - 12 55 8.2 55021
Early Childhood Family Education PK - PK 0 55021
Early Childhood Special Education PK - PK 89 6.8 55021
Focus 04 - 12 13 3.1 55021
MN Academy for the Blind PK - 12 47 3.4 55021
MN Academy for the Deaf PK - 12 126 5.3 55021
Reflections KG - 12 10 4.6 55021

Demographics near Faribault, MN

Metric City County
Neighborhood Type Suburban
Population 24,310 66,795
Population Density 1,603 135
Median Age 38.3 36.9
People per Household 2.5 2.5
Median Household Income 55,229 71,384
Average Income per Capita 27,743 33,383