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For Sale:  Faribault MLS# 6772683

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Active NEW!
$199,000
/mo Edit
Single Family:  1 Story
2 br • 1 ba • Built 1940
928 sqft • 0.34 acres
Faribault schools
MLS# 6772683
763-576-8286
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    Property Description

    This property is zoned C-2 (Highway Commercial District), offering exceptional flexibility for a wide range of business opportunities. If you've ever dreamed of owning and operating your own business, now is the perfect time to take that step. With outstanding visibility and easy access from a high-traffic thoroughfare, this location is ideally suited for ventures such as a used car dealership, retail shop, boutique, or other commercial enterprise. Don’t miss this chance to establish your presence in a prime commercial corridor.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $199,000
    Price per sq ft: $214
    Property Type: Single Family
    City: Faribault
    Garage Spaces: 2
    County: Rice
    Year Built: 1940
    State: MN
    Property Style: 1 Story
    Zip Code: 55021
    Subdivision Name: 218 Add

    Interior

    Bedrooms: 2
    Bathrooms: 1
    Finished Area: 928 ft2
    Total Fireplaces: 0
    Living Area: 928 ft2
    Common Wall: No
    Basement Details:
    • Partial
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 24x20
    Garage Size: 480 ft2
    Other Parking Spaces: 7
    Air Conditioning: Central Air
    Foundation Size: 928 ft2
    Handicap Accessible: Fully Wheelchair
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    Unit Amenities: Main Floor Primary Bedroom
    Exterior Material: Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details: Main Floor 3/4 Bath
    Dining/Kitchen: Eat In Kitchen
    Main Level Size Sq Ft
    Kitchen  10.11 x 6  60 
    Living Room  19.7 x 15.2  285 
    Bedroom 1  11.2 x 9  99 
    Bedroom 2  11.4 x 10.9  110 
    Flex Room  23 x 5.7  115 
    Garage  24 x 20  480 

    Lot & Land

    Acres: 0.34
    Geolocation: 44.314143, -93.272207
    Lot Dimensions: 1 x 1
    Zoning: Business/Commercial
    Lot Description: Some Trees

    Schools

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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,922
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,082
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    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

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