4th St NW & 8th Ave NW, Faribault, MN

Listing office Fort Inc Show Phone

Listing date Dec 10, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Fort Inc

Report an issue

---

Overview

This 0.989-acre site, located at 4th Street NW & 8th Avenue NW, Faribault, MN, is shovel-ready with all necessary permits and plans in place. Plans are available for a 55-unit MFH property on site, and the city has indicated that TIF is an option. Approved foundation permits, completed building, structural, and civil plans, and finalized renderings are included. The stormwater retention pond and soil engineering have been completed, ensuring compliance with environmental regulations. Utilities such as electricity, natural gas, and sewer are available. Natural gas is connected. The site is zoned for business and commercial use, providing flexibility for various development options.

Suggested Use

Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Grocery & Convenience Store Daycare Center Electrical Service Kitchen & Bath Showroom Acupuncture Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Faribault

County

Rice

State

Minnesota

Longitude

-93.2815

Latitude

44.291

Nearby Similar for Sale

• 

  $2,750,000

  7,790 SF

  Auto Parts and Salvage Property

  Automotive salvage and parts yard with large shops, office/storefront space, and included equipment on commercial-industrial zoning.

  5548 130th St W, Faribault, MN

  View Details
• 

  $175,000

  Cannon Lake Waterfront Land Opportunity

  1.6-acre buildable lot with 150 feet of shoreline.

  W 232nd Street, Faribault, MN 55021

  View Details
• 

  $175,000

  Waterfront Residential Buildable Lot

  Build a lake home on a Cannon Lake lot with significant shoreline for water access and outdoor living.

  To Be Determined 232nd St W, Faribault, MN 55021

  View Details
• 

  $175,000

  Cannon Lake Waterfront Land

  1.7-acre lot with 125 feet of shoreline on Cannon Lake.

  To Be Determine W 232nd Street, Faribault, MN 55021

  View Details
• 

  $175,000

  Waterfront Residential Buildable Lot

  Build on a lakefront lot with shoreline frontage and space for a primary residence and outdoor amenities.

  232nd ST W, Faribault, MN 55021

  View Details
• 

  $850,000

  Downtown Faribault Office Building Investment

  High-visibility office building in historic downtown Faribault, Minnesota.

  118 1st Ave Ne, Faribault, MN

  View Details
• 

  $800,000

  Commercial Land Near Water

  Commercial land suitable for business, retail, or watercraft sales.

  4454 Morristown Blvd, Faribault, MN

  View Details
• 

  $549,900

  11,000 SF

  Historic Faribault Commercial Building

  Historic 11,000+ sq ft building near downtown Faribault, MN.

  222 3rd NW Avenue, Faribault, MN 55021

  View Details
• 

  $48,500

  Residential Land in Faribault, MN

  Residential land available in Faribault, Minnesota.

  3103 Acorn Trail, Faribault, MN 55021

  View Details
• 

  $1,800,000

  Land Near Kelly Lake

  73.6 acres of land near Kelly Lake in Wells Twp.

  15XXX Shieldsville Blvd, Faribault, MN 55021

  View Details
• 

  $199,000

  Buildable Waterfront-Adjacent Lot

  Surveyed and septic design completed for a lake-area homesite.

  17001 Elmore Avenue, Faribault, MN 55021

  View Details
• 

  $5

  88,003 SF

  Prime Office, Retail, Flex Space

  Up to 23,000 SF of flexible commercial space available.

  201 Lyndale S Avenue, Faribault, MN 55021

  View Details

FAQs

What type of property is this?

Land - 0.989-acre site with permits and plans for 55-unit MFH.

Where is this land located?

The property is located at 4th St NW & 8th Ave NW Faribault, MN.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Shovel‑ready project with all necessary permits and plans in place for a 55‑unit MFH property.; City indicates TIF (Tax Increment Financing) is an option.; Approved foundation permits and completed building/structural/civil plans.