For Sale: Faribault MLS# 7067562
Active
$800,000
Commercial: 1 Story
Built 1940
1.4 acres
Faribault schools
MLS# 7067562
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Property Description
Plenty of opportunity here! Rice County will allow Business, retail, water craft sales, anything pertaining to water. Restaurant is not allowed. Rethinking the space into a Barndominium, with amazing possibilities, that could offer year round space for all the activities and interests people enjoy. The 1.57 acre lots adjacent, offers a highly desirable location for that future dream home. The premium flat lake lot and shoreline are impressive.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$800,000
Property Type:
Commercial
City:
Faribault
Garage Spaces:
4
County:
Rice
Year Built:
1940
State:
MN
Property Style:
1 Story
Zip Code:
55021
Interior
Ceiling Height:
8-10
Refrigerators:
None
Basement Details:
- Block
- Daylight/Lookout Windows
- Finished
- Partial
Exterior
Stories:
One
Garage Spaces:
4
Garage Dimensions:
40 x 26
Garage Size:
1,040 ft2
Air Conditioning:
Central Air
Foundation Size:
10,413 ft2
Fencing:
Chain Link
Handicap Accessible:
No Stairs External
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached Garage
- Parking Garage
- Paved Lot
- Shared Driveway
Road Frontage:
State Road
Exterior Material:
Block
Pool:
None
Roof Details:
Age Over 8 Years
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake, North, Panoramic, West
WF Frontage:
150
Elev Highpt to WF feet:
4-10
Waterfront:
Lake Front
Lake Bottom:
- Rocky
- Sand
Lot & Land
Acres:
1.4
Geolocation:
44.256863, -93.352518
Inclusions:
Building
Lot Dimensions:
350 x 175
Zoning:
Business/Commercial
Lot Description:
- Accessible Shoreline
- Additional Land Available
Farm
Topography:
Level
Schools
School District:
656
District Phone:
5073336016
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,620
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,620
Units
Total Units:
1
Miscellaneous
Current Use:
Vacant
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
Holding Tank
Available Utilities:
- Electric Common
- Heating Common
Water System:
- Private
- Well
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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!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.