209 2nd Street NW Faribault, MN $ 590,000
209 2nd Street NW
$ 590,000
Share Save

209 2nd Street NW

Faribault, MN, 55021
$ 590,000
Bedrooms-- Baths-- Sq 8,620

Monthly Estimate*

$ 3,534

209 2nd Street NW, Faribault, MN 55021 - Image 1
209 2nd Street NW, Faribault, MN 55021 - Image 2
209 2nd Street NW, Faribault, MN 55021 - Image 3
209 2nd Street NW, Faribault, MN 55021 - Image 4
209 2nd Street NW, Faribault, MN 55021 - Image 5
209 2nd Street NW, Faribault, MN 55021 - Image 6
209 2nd Street NW, Faribault, MN 55021 - Image 7

Commercial Property for sale in Faribault, MN

for $590,000. This 8,620 square foot building was built in 1868 on a lot size of 0.38.

Well maintained income property with 2 buildings. Huge concrete driveway/parking lot/patios. The front building is a 2 story consisting of 5 rental units + another 1 BR unit currently used as office. This could be merged with adjoining 1 BR to create a 2 BR 6 room rental unit. The 2 story building currently consists of one - 2 BR and four - 1 BR apartments. The second building in the back of the lot consists of two 3-BR, 2-Bath units (up and down) with separate entrances and a large shared deck.

See more

Commercial Pending

Price

$ 590,000

Property Type

Commercial

Taxes

$ 6,190

Style

Apartment

Lot Size

0.38

Year Built

1868

Town/City

Faribault

County/Region

Rice

MLS | Web ID

6582257

Features
General
Sewer City Sewer - In Street
Heating Boiler Forced Air
Cooling None
Utilities Electric Separate Heating Common Hot Water Common
Roof Asphalt Pitched
Appliances Range Refrigerator
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1868
Tenant Pays Electricity
Levels Two
Property SubType Apartment
Tax Year 2024
Current Use Residential
Accessibility None
County Rice
Property Type Commercial Sale
Contingency None
Subdivision Name City/Faribault
Directions Hwy 21 S Left at Hwy 60W Rt 2nd Ave NW then Left to property
City Faribault
High School District Faribault
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 7
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6190
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
Amenities Unit Washer/Dryer Hookup
See more
Interior
Basement Partial
Basement (Y/N) Y
Fuel Natural Gas
See more
Exterior
Parking Features Concrete Parking Lot
Water Source City Water - In Street
Inclusions Building
Lot Size Area 0.38
Building Area Total 8620
Lot Dimensions 95x165x105x100x10x65
Foundation Area 3880
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights
Road Responsibility Public Maintained Road
See more
Internal Only
Street Number 1 209
See more
* Excluded Features
List By
Edina Realty, Inc.

Broker

barberickson@edinarealty.com

Email

Affordability Calculator

$4,049
Per Month
87%
13%
0%
Monthly Principal & Interest
$3,534
Monthly Property Taxes
$516
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/26/2024$590,000 Listed Price

Map


See all

209 2nd Street NW, Faribault, MN, 55021 is a Commercial Property for sale at $590,000 with 8,620 sqft and a lot size of 0.38. 209 2nd Street NW was built in 1868. The property's zip code is 55021 which is in Faribault, MN