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Active
$995,000
/mo   Edit
MLS# 4990438
31 3rd Street NE
Faribault, MN 55021
Commercial
0.24 acres
Built 1880  /  Faribault schools
Info: 763-576-8286
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    Description:   HUGE PRICE REDUCTION! Restaurateurs, investors, and business owners alike, come and own a piece of history in downtown Faribault. Top two floors could be converted to up to six apartment / condominiums. PRICE INCLUDES ALL FF&E! City financial assistance may available on apartment conversion.
    List Price: $995,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Year Built: 1880
    City: Faribault
    Zip Code: 55021

    Interior

    Building Fin Sq Ft: 20,000 ft²

    Exterior

    Heating System: Forced Air
    Foundation Size: 5,200 ft²
    Handicap Accessible: Elevator
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Other Parking Spaces: 4

    Lot

    Acres: 0.24
    Latitude: 44.29337400
    Longitude: -93.26708500
    Lot Size Dim.: 10445sf
    Zoning: Residential-Multi-Family, Business/Commercial

    Schools

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

    Financial & Taxes

    Tax Year: 2017
    Annual Taxes: $2,228
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,228

    Unit

    Total Units: 4

    Miscellaneous

    Current Use: Bed & Breakfast, Restaurant, Tavern/Lounge, Food Service, Residential, Commercial, Vacant
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Fixture/Equipment
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Jason Chitwood
    Senior Loan Officer
    Movement Mortgage NMLS#642509
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    612-814-9818

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    Listing provided by RMLS, courtesy of Revival Commercial Real Estate LLC