Sold: Faribault MLS# 7024395
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
All leases to be handles by Building owner. Build out for units are available by Owner, a licensed contractor. All rents are monthly and include heat/AC, and electricity. No CAM fees, and public parking is available both front and rear of building. Suite #202 613 sq ft, 2nd floor unit with skylight. $625/ month
Listing
Listing Status:
Sold
Contingency:
None
Sold Price:
$625
Sold Date:
03/23/2026
Property Type:
Commercial
City:
Faribault
Garage Spaces:
0
County:
Rice
Year Built:
1884
State:
MN
Property Style:
Other
Zip Code:
55021
Subdivision Name:
City/Faribault
Interior
Bedrooms:
0
Bathrooms:
0
Exterior
Garage Spaces:
0
Foundation Size:
6,693 ft2
Handicap Accessible:
Doors 36"+, Accessible Elevator Installed, Hallways 42"+
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Unassigned
Lot & Land
Acres:
0.153
Geolocation:
44.293223, -93.268787
Inclusions:
Other
Lot Dimensions:
139 x 45
Zoning:
Business/Commercial
Schools
School District:
2145
District Phone:
5073336016
Expenses
Tenant Expenses:
Broadband
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,500
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,740
Units
Total Units:
13
Unit Number:
202
Miscellaneous
Current Use:
- Commercial
- Office
- Professional Service
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 Weichert, REALTORS- Heartland.
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.