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Active
$194,900
/mo Edit
Commercial:  Business Opportunity
Built 1947
0.15 acres
Faribault schools
MLS# 6613626
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    Property Description

    Are you looking for that unique property that can provide for many uses, look no further! This commercial building houses a security system and a 220 volt 3- Phase Electrical System used to generate, transmit, and distribute electricity, typically used in industrial & manufacturing settings. In the basement you will find a vault door leading into an area that features climate controlled capability. The basement walls and ceiling features cement forms that provide as much security as a bank vault! The basement area also has plenty of heavy duty removable storage shelving and would make for an ideal grow room! On the main level you could set up a retail store or create office space, as you service the traffic & customers that drive by daily! The sky is definitely the limit with this diamond in the rough! Hurry on out for a showing, as it won't last long!

    Listing

    Contingency: None
    City: Faribault
    County: Rice
    State: MN
    Property Style: Business Opportunity
    Zip Code: 55021
    Subdivision Name: E H Loyhed Add

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 6
    Air Conditioning: Central Air
    Foundation Size: 1,200 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Other
    Exterior Material: Block

    Lot & Land

    Acres: 0.15
    Geolocation: 44.282619, -93.271273
    Inclusions: Building
    Lot Dimensions: 1 x 1
    Zoning:
    • Business/Commercial
    • Industrial

    Schools

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

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,284
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,364

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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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.