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1150 3rd St Sw
Faribault, MN 55021
Health Care Property For Sale
·
16 Beds
Investment Highlights
- Zoned R-4, allowing higher-density residential and institutional redevelopment.
- Situated in a strong location near schools, retail, and major transportation routes.
- Former assisted living facility with approximately 5,950 sq ft of adaptable space.
- Building improvements include a new roof and ADA-compliant access ramp.
Property Facts
| Property Type | Health Care | No. Beds | 16 |
| Property Subtype | Assisted Living | No. Stories | 2 |
| Building Class | C | Year Built | 1973 |
| Lot Size | 0.49 AC | Parking Ratio | 1.14/1,000 SF |
| Building Size | 5,950 SF | ||
| Zoning | R-4 | ||
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 5,950 SF |
| No. Beds | 16 |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R-4 |
Property Taxes
| Parcel Number | 18.36.4.00.003 | Improvements Assessment | $445,300 |
| Land Assessment | $190,000 | Total Assessment | $635,300 |
Property Taxes
Parcel Number
18.36.4.00.003
Land Assessment
$190,000
Improvements Assessment
$445,300
Total Assessment
$635,300
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