For Sale: Faribault MLS# 7048311
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
High-visibility commercial opportunity in one of Faribault’s fastest-growing corridors! This 0.8 acre (34, 563 SF) site at offers prime positioning for retail, office, service, or light industrial development. Zoned Commercial/Industrial/Public Utility, this flexible parcel is surrounded by established businesses and benefits from strong traffic flow with quick access to Interstate 35—connecting you directly to the Twin Cities and the broader Southern Minnesota market. Located near established medical services and long-term care facilities, this site is especially well-suited for medical, dental, clinic, or professional office users looking to serve a consistent and growing patient base. Flat, usable land with excellent exposure makes this an ideal location for a drive-thru concept, franchise, or owner-user looking to capture daily traffic counts. Opportunities like this in Faribault’s expanding commercial area are limited—position your business where the growth is happening. Offered at $8.50/SF
Listing
Listing Status:
Active
Contingency:
None
List Price:
$294,000
Property Type:
Lot/Land
City:
Faribault
County:
Rice
State:
MN
Property Style:
Lot/Land
Zip Code:
55021
Subdivision Name:
Faribault Crossroads
Exterior
Road Responsibility:
Association Maintained Road, Private Maintained Road, Public Maintained Road, Road Maintenance Agreement
Road Frontage:
- City Street
- Paved Streets
- Private Road
- Storm Sewer
Lot & Land
Acres:
0.8
Geolocation:
44.309957, -93.289188
Inclusions:
Easements, For Sale Sign, Platted, Survey
Lot Dimensions:
34563 sf
Restrictions:
Open
Zoning:
Business/Commercial
Lot Description:
- Public Transit (w/in 6 blks)
- Underground Utilities
Farm
Topography:
Level
Schools
School District:
2145
District Phone:
5073336016
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,400
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,400
Association Fee Required:
No
Association Fee:
None
Association Fee Frequency:
Annually
Association Fee Includes:
Other
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Paved Streets, Public Road, Shared Driveway
Available Utilities:
- Broadband Available
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Connected
- Storm Sewer Available
- Water Available
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Re/Max Advantage Plus.
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.