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Active
$449,900
/mo Edit
Commercial:  Business,Retail
Built 1920
0.11 acres
Faribault schools
MLS# 6672654
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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, 22â?? 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. 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: Business, Retail
    Zip Code: 55021
    Subdivision Name: Town/Faribault

    Interior

    Ceiling Height: Over 20

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 2
    Air Conditioning: Central Air
    Foundation Size: 4,600 ft2
    Foundation Dimensions: 46 x 100
    Handicap Accessible: Doors 36"+, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: Paved
    Road Frontage: City Street
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.11
    Geolocation: 44.295161, -93.268045
    Inclusions: Building
    Lot Dimensions: 47 x 100
    Zoning:
    • Business/Commercial
    • Industrial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $5,844
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,084

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Recreational
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Heating Common
    • Hot Water Separate
    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 Kubes Realty Inc.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.