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    Faribault, MN Hotels 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
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    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 15 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

    Riverfront Hospitality Asset with Redevelopment Potential
    Riverfront Hospitality Asset with Redevelopment Potential

    1 River Bend Pl, Chaska, MN 55318

    $5,750,000
    72,578 sqft

    Riverfront property in downtown Chaska with redevelopment potential.

    View details
    Corner Mixed-Use Income Property
    Corner Mixed-Use Income Property

    828 5th Ave S, La Crosse, WI 54601

    $675,000
    0.48 AC lot

    Corner commercial building operated as Ye Old Style Inn with an apartment above and multiple residential rental units on 0.48 acres.

    View details
    Chaska Hospitality Property For Sale
    Chaska Hospitality Property For Sale

    1 Oak Ridge Dr |, Chaska, MN 55318

    Contact for pricing
    171 sqft

    Hospitality property in Chaska, Minnesota, near retail, parks, and schools.

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    Corner Hospitality and Residential Property
    Corner Hospitality and Residential Property

    828 5th Ave S, La Crosse, WI 54601

    $675,000

    Operating inn with an on-site bar and three residential rental units, plus a west-side parking lot.

    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.

    Commercial Development Land with IDD Zoning
    Commercial Development Land with IDD Zoning

    21133 775th St, Albert Lea, MN 56007

    $975,000
    6.50 AC lot

    6.5-acre parcel off Interstate 35 with IDD zoning and city utilities available for a wide range of commercial uses.

    View details
    Commercial Development Land Lot
    Commercial Development Land Lot

    N 2nd Avenue, Waite Park, MN 56387

    $309,900
    0.88 AC lot

    Nearly an acre of commercial land with strong intersection exposure on 2nd Avenue North in Waite Park.

    View details
    Commercial Development Land Parcel
    Commercial Development Land Parcel

    101 Morris Avenue, Hinckley, MN 55037

    $799,000
    9.20 AC lot

    Approximately 9.2-acre commercial land parcel near highway access in Hinckley, Minnesota.

    View details
    Grinnell Development Land For Sale
    Grinnell Development Land For Sale

    500 Lang Creek Avenue, Grinnell, IA 50112

    $802,593
    3.35 AC lot

    Prime commercial land with high visibility and traffic volume.

    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.

    1801 Lavender Dr
    HOTEL/MOTEL

    1801 Lavender Dr, Faribault, MN 55021-9269

    $2,900,000
    Estimated value
    10,156 sqft 1.36 AC lot
    View details
    2509 Lyndale N Ave
    HOTEL/MOTEL

    2509 Lyndale N Ave, Faribault, MN 55021-2612

    Value Estimation by Request
    6,786 sqft 0.30 AC lot
    View details
    4040 Hwy 60th W
    HOTEL/MOTEL

    4040 Hwy 60th W, Faribault, MN 55021-8456

    Value Estimation by Request
    13,160 sqft 2.30 AC lot
    View details
    1920 Cardinal Ln
    HOTEL/MOTEL

    1920 Cardinal Ln, Faribault, MN 55021-7384

    $500,000
    Estimated value
    11,568 sqft 2.20 AC lot
    View details
    1500 20th NW St
    HOTEL/MOTEL

    1500 20th NW St, Faribault, MN 55021-2921

    Value Estimation by Request
    159 sqft 3.50 AC lot
    View details
    1400 4th NW St
    HOTEL/MOTEL

    1400 4th NW St, Faribault, MN 55021-4936

    Value Estimation by Request
    6,300 sqft 0.60 AC lot
    View details

    Faribault, MN Hotels Market Trends and Statistics

    Explore 7 hotels 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 resorts 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

    Hotels 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

    Property Size Breakdown

    The majority of commercial real estate listings in Faribault fall within the 100,000+ square foot range.

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