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For Sale:  Faribault MLS# 6653270

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Active
$595,000
/mo Edit
Commercial:  Other
Built 1926
0.23 acres
Faribault schools
MLS# 6653270
763-576-8286
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    Property Description

    Rare Historic Commercial building in Faribault, MN. Over 11, 000 sq ft all brick building located just a block from city and county government buildings near the heart of downtown. Creative possibilities abound. Updated windows and newer roof. The main level/entrance is easily accessible with no stairs. The main level offers 3 offices, Large gathering spaces with fireplace, Gymnasium with performance stage, meeting room and a complete kitchen with ovens, sinks, dishwasher, freezer, microwave and refrigerator. The second floor features a second full kitchen, meeting room, 3 offices and a large gathering area overlooking the gymnasium. The lower level offers a 3rd full kitchen, rec room, utility hookups and outside egress. An amazing opportunity.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $595,000
    Property Type: Commercial
    City: Faribault
    Garage Spaces: 0
    County: Rice
    Year Built: 1926
    State: MN
    Property Style: Other
    Zip Code: 55021

    Interior

    Ceiling Height: Varied Heights
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Egress Window(s)
    • Full

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 2
    Air Conditioning: Central Air, Wall Unit(s)
    Foundation Size: 7,028 ft2
    Handicap Accessible: Doors 36"+, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features: None
    Shared Amenities: None
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick Veneer
    • Brick/Stone
    Roof Details:
    • Age 8 Years or Less
    • Flat

    Lot & Land

    Acres: 0.23
    Geolocation: 44.293338, -93.273398
    Inclusions: Building
    Lot Dimensions: 100 x 99
    Zoning: Business/Commercial
    Lot Description:
    • Corner Lot
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 656
    District Phone: 507-333-6016

    Expenses

    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $384
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $384

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Event Space
    • Professional Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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