420 2nd Street Farmington, MN $ 399,900
420 2nd Street
$ 399,900
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420 2nd Street

Farmington, MN, 55024
$ 399,900
Bedrooms-- Baths--

Monthly Estimate*

$ 2,762

420 2nd Street, Farmington, MN 55024 - Image 1
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Commercial Property for sale in Farmington, MN

for $399,900. This building was built in 1894 on a lot size of 0.754.

Opportunity knocks! This unique and historic property has an abundance of potential! P.H Feely & Sons Grain Elevator will charm the historians, challenge the developers, rock the open-minded thinkers and warm the hearts of residents if developed into something that would complement the Farmington Downtown area. This property is zoned B2 (downtown business district) which would allow for a wide range of uses from a brewery, retail, offices, light manufacturing just to name a few. Call today for more details!

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Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 2,962

Style

Lot Size

0.754

Year Built

1894

Town/City

Farmington

County/Region

Dakota

MLS | Web ID

6759862

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Separate
Garage Spaces 3
Year Built 1894
Tax Year 2024
Current Use Other Warehouse
Accessibility None
County Dakota
New Construction N
Property Type Commercial Sale
Contingency None
Directions Hwy 3 to Hwy 50 (Elm) west to 3rd St south to Spruce St. west to property.
City Farmington
High School District Farmington
Zoning Description Industrial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2962
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Gravel Finished Garage
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.754
Lot Dimensions 567x54
Waterfront Y/N N
Foundation Area 2970
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 420
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* Excluded Features
List By
Top Notch Properties & Realty Services

Broker

topnotchproperties@frontiernet.net

Email

Affordability Calculator

$3,009
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,762
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
709335 Elementary School
708713 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$399,900 -4.56% Price Down
7/24/2025$419,000 Listed Price

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420 2nd Street, Farmington, MN, 55024 is a Commercial Property for sale at $399,900 with a lot size of 0.754. 420 2nd Street was built in 1894. The property's zip code is 55024 which is in Farmington, MN