1431 4th Street NW Faribault, MN ^$ 550,000

1431 4th Street NW

^$ 550,000

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1431 4th Street NW

Faribault, MN, 55021

^$ 550,000

Studio Baths0.0 Sq 1,595

Monthly Estimate*

^$ 3,842

1431 4th Street NW, Faribault, MN 55021 - Image 1

1431 4th Street NW, Faribault, MN 55021 - Image 2

1431 4th Street NW, Faribault, MN 55021 - Image 3

1431 4th Street NW, Faribault, MN 55021 - Image 4

Studio

Commercial Property for sale in Faribault, MN

for $550,000. This 1,595 square foot building was built in 1994 on a lot size of 0.51.

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,092

Style

Lot Size

0.51

Year Built

1994

Town/City

Faribault

County/Region

Rice

MLS | Web ID

6417283

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Utilities Electric Common Heating Common

Garage Spaces 0

Construction Materials Stucco

Year Built 1994

Property SubType Other

Tax Year 2022

Current Use Food Service Restaurant

Accessibility No Stairs External No Stairs Internal

Additional Parcels Description 1836150013

County Rice

Property Type Commercial Sale

Contingency None

Subdivision Name St Sub

Directions Just south of Hwy 21 and Hwy 60 Intersection

City Faribault

Buyer Agent Compensation 2.50

High School District Faribault

Zoning Description Business/Commercial

Total Units 1

Street Name 4th

Land Lease Y/N N

Tax Annual Amount 8092

Additional Parcels Y/N Y

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Asphalt Paved

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.51

Building Area Total 1595

Lot Dimensions 22300 SF

Lot Size Units Acres

Foundation Area 1595

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 1431

* Excluded Features

List By

Mdc Real Estate Services

Broker

matt.steeves@met-con.com

Affordability Calculator

$4,516

Per Month

Monthly Principal & Interest: $3,842
Monthly Property Taxes: $674
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Faribault, MN

Average List Price ^$411,671

Percent of Sale Price 25%

About Faribault, MN

24,571 Population

16% Since 2002

^$51,554 Median Income

37.15 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709225 Elementary School

708958 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/14/2023	$550,000		Listed Price

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1431 4th Street NW, Faribault, MN, 55021 is a Commercial Property for sale at $550,000 with 1,595 sqft and a lot size of 0.51. 1431 4th Street NW is a studio with 0.0 baths and was built in 1994. The property's zip code is 55021 which is in Faribault, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/3/2024.

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1431 4th Street NW

Commercial Property for sale in Faribault, MN

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