You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces

1233 Mn-60 Faribault, MN 55021

5,625 SF 0.71 ac lot Built 1970
Property ID
Property summary
AI-generated overview

This exceptional 5,625-square-foot medical office building, located at 1233 Highway 60 in Faribault, Minnesota, presents a compelling investment opportunity. Built in 1970 and extensively renovated in 2023, the property boasts a single-story design situated on a 0.709-acre lot. The building is zoned C-2 - Highway Commercial, offering excellent visibility and accessibility from Highway 60 and its proximity to Lyndale Avenue. Currently occupied by Brighton Hospice under a 15-year triple net lease, this property provides a stable, long-term income stream. The asking price is $1,600,000, translating to a price per square foot of $284.44. The property's location in Rice County, with its zip code 55021, offers convenient access to a thriving community. The property features one building and is identified by APN 18-36-1-50-001. This is a rare opportunity to acquire a well-maintained, recently renovated medical office building in a desirable location with a strong tenant in place. The property's strategic location and long-term lease make it an attractive investment for discerning buyers seeking a stable and profitable asset. Further details are available upon request.

Property profile
Verified
Property type Office Spaces
Year built 1970
Total area 5,625 SF
Lot 0.71 ac (30,884 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1233 Mn-60?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message