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1416 Division St W 2,646 SF Retail Building Faribault, MN 55021 $699,000 ($264.17/SF)
Executive Summary
This property offers exceptional visibility and high traffic, making it perfect for a variety of uses. Whether you’re looking to redevelop the site or open your own restaurant, the property provides outstanding potential in a sought-after location.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,646 SF
Building Class
C
Year Built
1970
Price
$699,000
Price Per SF
$264.17
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.84 AC
Zoning
Business/Commercial - Business/Commercial
Parking
30 Spaces (11.34 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 18.36.1.50.016 | Improvements Assessment | $233,700 |
| Land Assessment | $210,200 | Total Assessment | $443,900 |
Property Taxes
Parcel Number
18.36.1.50.016
Land Assessment
$210,200
Improvements Assessment
$233,700
Total Assessment
$443,900
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1416 Division St W
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