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Free-Standing Building on Highway 60
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1233 MN-60, Faribault, MN 55021

Free-standing building off Lyndale Avenue and Highway 60.

Property Size5,625 SF
Price / SF$284.44
Days on Market890

Property Features for 1233 MN-60

General Information

Standard status Active
Size 5,625 SF
Property subtype Office
Zoning C-2 - Highway Commercial

Building Details

Year Built 1970
Year Renovated 2023
Buildings 1
Stories 1
Listing Agency: Kenwood Commercial
Listed By: Nils Snyder · License #MN
Source: Crexi
Added: Apr 3, 2024 Changed: Sep 8 Last Checked: Sep 8 at 4:53AM

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 Kenwood Commercial

Investment Insights

Based on property information with market context.

The property at 1233 Highway 60 is a free-standing building located just off Lyndale Avenue and Highway 60 in Faribault. The building has a size of 5625 square feet. The current owner and tenant is Brighton Hospice, which has locations in several states, including two in Minnesota. This is a 15-year triple net investment sale.

Key Highlights

  • Free‑standing building.
  • Located just off Lyndale Avenue and Highway 60.
  • 15‑year triple net investment sale.

Property Analytics

Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 55021, MN

30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Free-standing building off Lyndale Avenue and Highway 60.
Where is this office building located?
The property is located at 1233 MN-60 Faribault, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Free‑standing building.; Located just off Lyndale Avenue and Highway 60.; 15‑year triple net investment sale.
(612) 240-7967 Call to check price and availability
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