Overview
Faribault Multi-Building Redevelopment Opportunity
Located in Faribault, Minnesota, the property is a multi-building campus occupying an entire city block. It features a sanctuary, parsonage, and school. The property has a Gross Building Area (GBA) of 46,075 square feet and offers redevelopment potential. The sanctuary, originally constructed in 1880, provides 5,698 square feet of main worship space, including a 985-square-foot balcony, and can accommodate up to 570 people. The lower level offers an additional 2,600 square feet, featuring classrooms, a kitchen, a dining hall, and an assembly area. The school, built in 1958, boasts 32,561 square feet across three stories, including a finished garden-level basement. The building contains 16 classrooms equipped with sink stations, three private offices, two administrative offices, a cafeteria, and a gymnasium with a sports court, stage, and bleachers. The parsonage, constructed in 1920, offers 7,680 square feet of space over two stories, with an additional 2,464 square feet of unfinished basement. The parsonage has been vacant since 2020 and is in need of renovation. The property includes 42 parking spaces with a parking ratio of 0.91 per 1,000 sq. ft. of GBA. It is centrally located with convenient access to local amenities and transportation. The property is ideal for institutional use, mixed-use redevelopment, or community-based projects.
