For Sale: Faribault MLS# 7048316
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Property Description
Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110, 947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and supported by strong daily traffic counts, this location benefits from quick and convenient access to Interstate 35, delivering excellent connectivity to the Twin Cities and Southern Minnesota. Nearby medical services and long-term care facilities create consistent traffic and demand, making this an exceptional fit for healthcare-related users or service-based businesses. Level, buildable land with strong exposure—ideal for a larger footprint project, multi-tenant development, or flagship location. Opportunities of this size and positioning are limited—secure your spot in one of Faribault’s most active commercial areas.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$944,000
Property Type:
Lot/Land
City:
Faribault
County:
Rice
State:
MN
Property Style:
Lot/Land
Zip Code:
55021
Subdivision Name:
Faribault Crossroads
Exterior
Road Responsibility:
Association Maintained Road, Private Maintained Road, Public Maintained Road, Road Maintenance Agreement
Road Frontage:
- City Street
- Paved Streets
- Private Road
- State Road
- Storm Sewer
Lot & Land
Acres:
2.6
Geolocation:
44.311092223, -93.2874787386
Inclusions:
Easements, For Sale Sign, Platted, Survey
Lot Dimensions:
110947 sq ft
Restrictions:
Open
Zoning:
- Business/Commercial
- Lot
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Underground Utilities
Farm
Topography:
Level
Schools
School District:
2145
District Phone:
5073336016
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$12,490
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,490
Association Fee Required:
No
Association Fee:
None
Association Fee Frequency:
Annually
Association Fee Includes:
Other
Taxable Acres:
2.55
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Paved Streets, Public Road, Shared Driveway
Available Utilities:
- Broadband Available
- Cable Available
- Electricity Available
- Natural Gas Available
- Phone Available
- Sewer Connected
- Storm Sewer Available
- Water Available
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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 Re/Max Advantage Plus.
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.