Faribault MN Commercial for Sale

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Type:
Other
Sq.Ft.:
46,075
Status:
Active
Beds:
n/a
Lot size:
2.51 Acres
Year built:
1880
Baths:
MLS#:
6641457

ADDITIONAL INFORMATION

Welcome to 112 2nd Avenue SW in Faribault, Minnesota—a unique multi-building property encompassing an entire city block that harmoniously integrates community, educational, and residential spaces. This unique offering includes an iconic church built in 1880 with Plateville Limestone, a school building, and a historic residence, all situated on a 2 plus acre lot. Situated in the heart of Faribault, MN, the property benefits from its proximity to local amenities, schools, and transportation links, enhancing its appeal for a variety of uses. 42 parking stalls are available on-site. This property presents a rare opportunity for developers, educational institutions, community organizations, or others to acquire a versatile space with historical significance. The combination of facilities allows for a multitude of uses, from educational campuses and community centers to residential re-development. Bring your most unique ideas!

Type:
Apartment
Sq.Ft.:
4,781
Status:
Active
Beds:
n/a
Lot size:
0.44 Acres
Year built:
1900
Baths:
MLS#:
6637545

ADDITIONAL INFORMATION

Charming 5-Unit Rental Property in Historic Faribault! Nestled near the heart of Faribault’s vibrant and historic downtown, this charming 5-unit rental property offers a rare blend of timeless character and modern convenience. Located within walking distance to the Minnesota Academy for the Deaf and the prestigious Shattuck-St. Mary’s School, this property is ideally situated for tenants seeking proximity to top local institutions and the amenities of downtown living. Inside, the building showcases original hardwood floors, elegant arched doorways, and classic architectural details that create a warm and inviting atmosphere. Tenants enjoy the convenience of on-site laundry facilities and off-street parking, while the property’s layout and features make it an excellent opportunity for an owner-occupant to live comfortably while generating rental income. Whether you’re an investor looking to expand your portfolio or a homeowner seeking a property with income potential, this versatile gem is worth exploring. Don't miss the chance to own a piece of Faribault’s historic charm with incredible potential for the future. Schedule your showing today!

Type:
Other
Sq.Ft.:
3,068
Status:
Active
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.:
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

Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved




Faribault Real Estate

The median home value in Faribault, MN is $256,800. 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 $256,800. 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 55021 has a population of 24,310. Faribault 55021 is less family-centric than the surrounding county with 27.84% 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 55021 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 55021 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

    N/A
  • # Active listings

    92
    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
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 55021

Metric Zip Code City
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