The median home value in Faribault, MN is $278,000
This is lower than the county median home value of $283,876.
The national median home value is $308,980.
The average price of homes sold in Faribault, MN is $278,000.
Approximately 64% of Faribault homes are owned, compared to 29% rented, while 7% are vacant.
Faribault real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Faribault real estate agent to arrange a tour today!
Learn more about Faribault.
Commercial building and long-standing turnkey business situated on almost 3 acres located in high traffic area! Well established in business (owned by the current owners since 1989), thousands of vehicles have been worked on through the years. The business has a very good reputation for quality work in electrical automotive repair and automotive repair. This is a proven business opportunity for a new owner. Sale includes commercial building and pretty much everything inside the shop save the workers' personal tools and boxes. Past client lists and records also included. A month-to-month tenant is in the other half of the building leaving plenty of room to expand the business.
Perfect location for an industrial building site along CR46 off Interstate 35, Hwy 21 and Hwy 3. There is public infrastructure in place with access to City Utilities along 38th St NW. City water and sanitary sewer are within the right of way and city water mains are also in place along Bagley Avenue.Currently zoned TUD, Transitional Urban Development District, established on this site to allow existing "farmett" type uses while the area is in transition to future urban uses. Surrounding uses and zoning designation of adjoining property on the north, south and east are industrial at this time with Aldi Distribution Center to the north and Freightliner Heavy Truck Repair to the south.Based on this, it is anticipated and preferred by the City of Faribault that this property also be rezoned to an industrial district designation to be consistent with the City Comprehensive Plan.
Berkshire Hathaway HomeServices Advantage Real Estate
Email Us | Visit our Real Estate Website