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Active NEW!
$399,900
/mo Edit
Commercial:  2 Stories
2 ba • Built 1920
0.106 acres
MLS# 7042874
My rating:
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    Property Description

    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. The building is already equipped to provide for two separate spaces. 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.

    Listing

    Contingency: None
    City: Faribault
    County: Rice
    State: MN
    Property Style: 2 Stories
    Zip Code: 55021
    Subdivision Name: Town/Faribault

    Interior

    Ceiling Height: Over 20
    Basement Details: Crawl Space

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 4,600 ft2
    Foundation Dimensions: 46x100
    Handicap Accessible: Doors 36"+, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Parking Lot
    Road Frontage: City Street

    Lot & Land

    Acres: 0.106
    Geolocation: 44.295173, -93.26804
    Inclusions: Building
    Lot Dimensions: 47 x 100
    Zoning: Business/Commercial

    Schools

    School District: 2145
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,908
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,148

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Recreational
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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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 AXEN Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.