For Sale: Faribault MLS# 7091070
Active
NEW!
$395,000
Commercial: 1 Story
Built 1952
0.121 acres
Faribault schools
MLS# 7091070
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Property Description
"Turn Key" auto repair opportunity! Full service gas station with two service garages/bays including: air compressor, tire charger, tire balancer, and new lift. Currently has two gas pumps and tanks have recently been inspected and compliant. Solid concrete building sitting on corner lot. New rubber roof in 2024. Heated floors, showroom, and retail space.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$395,000
Property Type:
Commercial
City:
Faribault
Garage Spaces:
2
County:
Rice
Year Built:
1952
State:
MN
Property Style:
1 Story
Zip Code:
55021
Subdivision Name:
Paquins Add
Interior
Ceiling Height:
8-10
Flooring:
Concrete Slab
Basement Details:
None
Exterior
Stories:
One
Garage Spaces:
2
Foundation Size:
1,268 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Heated Garage
- Parking Lot
Road Frontage:
City Street
Roof Details:
- Age 8 Years or Less
- Age Over 8 Years
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.121
Geolocation:
44.299063, -93.268759
Inclusions:
Building, Business, Fixture/Equipment, Inventory, Land
Lot Dimensions:
80 x 66
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
656
District Phone:
5073336016
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,386
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,386
Income
Annual Gross Income:
$120,000
Rent
Annual Net Income:
$50,000
Units
Total Units:
1
Miscellaneous
Current Use:
Automobile Service
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Common
Water System:
City Water/Connected
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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 LaBelle Real Estate Group 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.