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1507 Saint Paul Rd 8,808 SF 100% Leased Flex Building Faribault, MN 55021 $745,000 ($84.58/SF)



Executive Summary
Currently used fir automobile restoration. Possible rent back to current owner for one of two buildings. Situated on 3.3 acres. Building #1 has a heated shop, 2 11ft overhead doors, handicapped restroom, 2 offices. Building #2 has an 11ft overhead door, heated, concrete floors. Both buildings have asphalt driveways, and 11 parking spaces.
Property Facts
| Price | $745,000 | Rentable Building Area | 8,808 SF |
| Price Per SF | $84.58 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1980 |
| Property Type | Flex | Opportunity Zone |
Yes
|
| Price | $745,000 |
| Price Per SF | $84.58 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Rentable Building Area | 8,808 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
1 1
Property Taxes
| Parcel Number | 18.29.4.00.004 | Improvements Assessment | $52,500 |
| Land Assessment | $133,000 | Total Assessment | $185,500 |
Property Taxes
Parcel Number
18.29.4.00.004
Land Assessment
$133,000
Improvements Assessment
$52,500
Total Assessment
$185,500
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1507 Saint Paul Rd
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