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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 a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 1 Active listings in Rice County, MN, we suggest exploring several alternatives: similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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 Rice County, MN

    Consider similar Off-Market properties in Rice County, 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
    1420 Riverview Dr
    HOTEL/MOTEL

    1420 Riverview Dr, Northfield, MN 55057-3137

    $1,845,000
    Estimated value
    7,975 sqft 1.15 AC lot
    View details
    114 2nd W St
    HOTEL/MOTEL

    114 2nd W St, Northfield, MN 55057-1763

    Value Estimation by Request
    12,333 sqft 1.27 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
    1320 Bollenbacher Dr
    HOTEL/MOTEL

    1320 Bollenbacher Dr, Northfield, MN 55057-3609

    Value Estimation by Request
    4,724 sqft 1.90 AC lot
    View details
    875 Hwy 3rd N
    HOTEL/MOTEL

    875 Hwy 3rd N, Northfield, MN 55057-9441

    Value Estimation by Request
    7,257 sqft 2.00 AC lot
    View details
    300 Hwy 3rd S
    HOTEL/MOTEL

    300 Hwy 3rd S, Northfield, MN 55057-1752

    Value Estimation by Request
    9,015 sqft 1.50 AC lot
    View details

    Rice County, MN Hotels Market Trends and Statistics

    Explore 12 hotels for sale in Rice County, MN on our real estate platform. These investment opportunities span a total of 5,950 square feet of properties for sale.

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