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2900 Airport Dr
Faribault, MN 55021
Retail Property For Sale
Investment Highlights
- Highly visible 4 acre commercial opportunity at the entrance of I-35 & Hwy 21 in Faribault
- Detached 1872 sq ft multi-stall garage/shop building with several overhead doors - ideal for contractors, storage, service businesses, or light indust
- Located in a growing commercial area with strong highway access and visibility, this property presents a flexible opportunity for future development
- Features a single-story 1500 sq ft office building with reception area, open workspace, restroom, utility/storage room, and kitchenette.
- The expansive lot offers ample parking, outdoor storage potential, and significant room for expansion or redevelopment.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
C
Year Built
1978
Price
$450,000
Price Per SF
$300
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.00 AC
Zoning
Business/Commercial - 3A - commercial, industrial, public utility
Parking
50 Spaces (33.33 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 18.23.1.75.002 | Improvements Assessment | $135,400 |
| Land Assessment | $266,900 | Total Assessment | $402,300 |
Property Taxes
Parcel Number
18.23.1.75.002
Land Assessment
$266,900
Improvements Assessment
$135,400
Total Assessment
$402,300
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