For Sale: Faribault MLS# 7114244
Active
$1,200,000
Commercial: 1 Story
Built 1987
0.529 acres
Faribault schools
MLS# 7114244
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Property Description
Outstanding opportunity to purchase or lease a highly visible commercial building just off Interstate 35 in Faribault. This 4, 118 SF former Speedway convenience store sits on approximately 0.53 acres with excellent frontage and exposure along Lyndale Avenue. The property features an open retail layout, commercial kitchen infrastructure including a working exhaust hood, walk-in freezer, and existing cooler cases, making it well-suited for restaurant, convenience store, grocery, specialty retail, food service, or a variety of commercial uses. Surrounded by national retailers and restaurants with approximately 12, 000-13, 000 vehicles per day, this location offers exceptional visibility and accessibility. Available for sale at $1, 200, 000 or lease at $20.00/SF Modified Gross.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,200,000
Property Type:
Commercial
City:
Faribault
Garage Spaces:
0
County:
Rice
Year Built:
1987
State:
MN
Property Style:
1 Story
Zip Code:
55021
Subdivision Name:
Fifth Principal Meridian
Interior
Bedrooms:
0
Bathrooms:
0
Exterior
Stories:
One
Garage Spaces:
0
Foundation Size:
4,118 ft2
Handicap Accessible:
Doors 36"+, Grab Bars In Bathroom, Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Paved Lot
Roof Details:
Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.529
Geolocation:
44.293423, -93.289238
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
130 x 255
Zoning:
- Business/Commercial
- Lot
Schools
School District:
656
District Phone:
5073336016
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$8,782
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,782
Units
Total Units:
1
Miscellaneous
Current Use:
Retail
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water 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 Revival Commercial Real Estate.
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.