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    Faribault, MN
    Assisted Living

    Faribault, MN Assisted Living Facilities for Sale

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    Senior Housing Conversion Building
    Updated: Aug 20, 2025
    Senior Housing Conversion Building

    1150 3rd St SW, Faribault, MN 55021

    Contact for pricing
    5,950 sqft
    1973‑built assisted living/group home building zoned R‑4 for higher‑density residential or institutional uses
    Located directly across from South Central College’s Faribault campus
    Previously used as both an assisted living facility and a group home, suited for conversion to student housing or other multi‑tenant uses
    New roof installed Spring 2025
    ADA‑compliant handicap ramp from the parking area to the upper level
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Level Senior Care Residence
    Single-Level Senior Care Residence

    2468 Brenner Avenue East, Maplewood, MN 55109

    $895,000
    2,400 sqft

    Single-level rambler with five bedrooms, three bathrooms, and a finished lower level offering options for senior care uses.

    View details
    Former Nursing Home and Clinic
    Former Nursing Home and Clinic

    232 E Springer Avenue, Elmwood, WI 54740

    $895,000
    28,549 sqft 2.36 AC lot

    Spacious commercial building suitable for assisted living or redevelopment.

    View details
    Brick Healthcare Facility with Parking
    Brick Healthcare Facility with Parking

    232 E Springer Avenue, Elmwood, WI 54740

    $750,000
    28,549 sqft 2.36 AC lot

    Former nursing home and medical clinic building with multiple resident wings, exam rooms, and ample paved parking.

    View details
    Assisted Living Facility
    Assisted Living Facility

    1000 1st St SE, Fairfax, MN 55332

    Contact for pricing

    24-hour assisted living with personal call support, medication administration, three meals, housekeeping, and weekly laundry services.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Development Land in Wisconsin Dells
    Development Land in Wisconsin Dells

    507 Clara Avenue lot: 3 & 4, Wisconsin Dells, WI 53965

    $469,900
    5.94 AC lot

    5.94 acres of wooded land with development potential.

    View details
    Osage Beach Vacant Land
    Osage Beach Vacant Land

    Parkside Village Court, Osage Beach, MO 65065

    $850,000
    10.16 AC lot

    Vacant land ideal for development in Osage Beach, Missouri.

    View details
    Corner Commercial Land with Road Frontage
    Corner Commercial Land with Road Frontage

    1531 Kyle Street, Eaton Rapids, MI 48827

    $84,900
    1.57 AC lot

    1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    VL W Carleton Road, Jonesville, MI 49250

    $1,850,000
    27.00 AC lot

    27-acre commercial land with high visibility and development potential.

    View details

    Off-Market Properties in Faribault, MN

    Consider similar Off-Market properties in Faribault, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    503 Division E St
    HOMES (RETIRED, NURSING)

    503 Division E St, Faribault, MN 55021-6353

    $8,930,000
    Estimated value
    4,240 sqft 2.50 AC lot
    View details
    27 Brand Ave
    HOMES (RETIRED, NURSING)

    27 Brand Ave, Faribault, MN 55021-6411

    Value Estimation by Request
    9,058 sqft 2.70 AC lot
    View details

    Faribault, MN Assisted Living Facilities Market Trends and Statistics

    Explore 3 assisted living facilities for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 5,950 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for assisted living facilities in Faribault, MN start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Assisted living facilities 1
    Medical space 1
    Senior Housing / Retirement Homes 1
    Spa & wellness properties 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) +2.8%
    Median Household Income $70,296
    College Educated 26.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $36.07 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rice County

    New Delisted

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