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Active
$1,300,000
/mo Edit
Commercial:  Industrial/Warehouse
Built 1969
18.2 acres
Faribault schools
MLS# 6409013
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    Property Description

    Perfect location for an industrial building site along CR46 off Interstate 35, Hwy 21 and Hwy 3. 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: 44.33291699, -93.30168702
    Inclusions: Building, Land
    Lot Dimensions: 0
    Zoning:
    • Agriculture
    • Industrial

    Schools

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

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $3,411
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,690

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Other
    Fuel System: Natural Gas
    Sewer System:
    • City Sewer - In Street
    • Private Sewer
    Available Utilities: None
    Water System:
    • City Water - In Street
    • Private
    • Well

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you 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.