108 4th Street NW Faribault, MN 55021

$575,000
108 4th Street NW, Faribault, MN 55021
Call 1-800-839-1363
4875652

Commercial Property for sale in Faribault, MN

for $575,000. This building was built in 1935 on a lot size of 0.159 Acre(s).

Property Information

  • $575,000
  • Commercial
  • Taxes are $9,136
  • Restaurant
  • Active
  • Lot size of 0.159 Acre(s)
  • Built in 1935
  • Faribault, MN
  • Downtown Faribault Neighborhood
  • Rice County
  • MLS/Web ID is 4875652
  • Just Listed

Description

The Famous Basilleo's restaurant which has been a local iconic business since 1935 is now available for new ownership. After almost 20 years the current owner has decided to move on to a new adventure. This is a turn key business with a fantastic reputation of producing the finest pizzas in the area. New construction, expansion and renovation in 2005, plus newer utilities and appliances. There is also a income producing apartment in the upper level which has a separate entrance.

Interior 5

Cooling System

  • Central Air

Heating Source

  • Natural Gas

Heating System

  • Forced Air

Sewer

  • City Sewer

Water Source

  • City Water

Exterior 2

Parking

  • Fee
  • Parking Spaces - multiple

Siding

  • Brick
  • Stucco Exterior

Miscellaneous 2

Accessibility

  • Single Level Living
  • Wheel Chair Access

Commercial

  • Sale Includes Building
  • Sale Includes Business
  • Sale Includes Fixture/Equip
  • Sale Includes Land
  • Sale Includes Leases

† Excluded Feature

Neighborhood & Schools

School District: 656 - Faribault

 See complete school information

Listed By

Listing Agent: Mark Gustafson
Broker: Faribault - WEICHERT, REALTORS® - Heartland

108 4th Street NW, Faribault, MN, 55021 is a Commercial Property for sale at $575,000 with a lot size of 0.159 Acre(s). 108 4th Street NW was built in 1935. The property's zip code is 55021 which is in Faribault, MN

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Market Pricing

Average % of sale price Median % of sale price
All listings in Faribault $324,589 44 % below $222,450 61 % below
Commerical listings in Faribault $716,883 25 % above $437,500 24 % below

Get the facts about Faribault, MN!

Population 24,094
Population Growth (since 2000) 14 %
Median Income $49,051
Median Age 36.52
Households w/ Children 33 %

Residential Dwellings

  • Owned 5910
  • Vacant 595
  • Rented 2704

Similar Listings

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