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Active
$1,300,000
/mo Edit
Commercial:  Industrial/Warehouse
Built 1969
18.2 acres
Faribault schools
MLS# 6658479
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    Property Description

    Perfect location for an industrial building site off I35, Hwy 21, CR46 and Hwy3. There is public infrastructure in place with access to City Utilities along 38th St NW. City water and sanitary sewer are within the right of way and city water mains are also in place along Bagley Avenue. Currently zoned TUD, Transitional Urban Development District, established on this site to allow existing "farmett" type uses while the area is in transition to future urban uses. Surrounding uses and zoning designation of adjoining property on the north, south and east are industrial at this time with Aldi Distribution Center to the north and Freightliner Heavy Truck Repair to the south. Based on this, it is anticipated and preferred by the City of Faribault that this property also be rezoned to an industrial district designation to be consistent with the City Comprehensive Plan.

    Listing

    Contingency: None
    City: Faribault
    County: Rice
    State: MN
    Property Style: Industrial/Warehouse
    Zip Code: 55021

    Exterior

    Garage Spaces: 6
    Other Parking Spaces: 0
    Foundation Size: 2,844 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage:
    • County Road
    • Highway
    • Paved Streets
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 18.2
    Geolocation: 44.3329169947, -93.3016870233
    Inclusions: Building, Land
    Lot Dimensions: 0
    Zoning:
    • Agriculture
    • Industrial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,705
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,976

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Other
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System:
    • City Sewer - In Street
    • Private Sewer
    Available Utilities: None
    Water System:
    • City Water - In Street
    • Private
    • Well

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    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.