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$319,900

2 Beds 1 Baths 1,766 SQFT 0.17 Acres
Type: Commercial

511 4th Street NW
Faribault, MN 55021

MLS#: 6818781
Brian Helvick
Brian Helvick
The Real Estate Advantage
Real Estate Professional
Phone: 952.484.9542
Office: 507.323.8273
Presented by: Edina Realty, Inc.

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths1

Other Interior Features

BasementFull, Concrete
Basement (Y/N)Yes
Foundation Dimensions24 x 32
FuelNatural Gas
Garage Square Feet0

General

AccessibilityFully Wheelchair
Additional Parcels Y/NNo
AppliancesExhaust Fan, Microwave, Range, Refrigerator
CityFaribault
ContingencyNone
CoolingCentral Air
CountyRice
Current UseCommercial
DirectionsLyndale Ave to east onto 4th Str
Garage Spaces0
Gross Income7800
HeatingForced Air
High School DistrictFaribault
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total2
OwnerPaysAll Utilities
PostalCityFaribault
Property TypeCommercial Sale
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameOriginal City
Tax Annual Amount$3,980
Tax Year2025
Tenant PaysBroadband
UtilitiesElectric Common
Year Built1910
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total1,766 sqft
Foundation Area768 sqft
InclusionsBuilding
Lot Dimensions43.5 x 165
Lot Size Area0 sqft
Parking FeaturesAsphalt, Parking Lot, Paved Lot
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$319,900

2 Beds 1 Baths 1,766 SQFT 0.17 Acres
Type: Commercial

511 4th Street NW
Faribault, MN 55021

MLS#: 6818781
Brian Helvick
Brian Helvick
The Real Estate Advantage
Real Estate Professional
Phone: 952.484.9542
Office: 507.323.8273