Log In/Sign Up
Your email has been sent.
511 4th St NW 2,000 SF 12% Leased Retail Building Faribault, MN 55021 $339,000 ($169.50/SF)
Investment Highlights
- Prime location in a high-traffic, vibrant district
- Ideal for retail, office, or specialty business concepts
- Fully handicap accessible for inclusive access
- Opportunity for supplemental income to offset mortgage
Executive Summary
This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So, if you have a business concept and would like to have some supplemental income to offset your mortgage, this one's for you! A great investment opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
C
Year Built
1910
Price
$339,000
Price Per SF
$169.50
Percent Leased
12%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.15 AC
Zoning
commercial/residential - commercial/residential
Parking
7 Spaces (3.5 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18.31.1.26.237 | Improvements Assessment | $242,400 |
| Land Assessment | $41,800 | Total Assessment | $284,200 |
Property Taxes
Parcel Number
18.31.1.26.237
Land Assessment
$41,800
Improvements Assessment
$242,400
Total Assessment
$284,200
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
511 4th St NW