20 Locust StFaribault, MN 55021

  • Industrial properties
  • 6,450 SF
For Lease
$22.68/SF/YR View listing

Property Details for 20 Locust St

Year built
2017
Lot size
3.01 AC
Property size (Sq ft)
6,450 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
18.31.4.26.151
APU
1831426151

Description

This exceptional 264-square-foot office space is ideally situated just blocks from downtown Faribault. Recently renovated, this single-tenant property boasts a wealth of modern amenities designed for optimal comfort and productivity. The space features brand new flooring and fresh paint throughout, creating a bright and inviting atmosphere. Climate control is ensured with a combination of window air conditioning for cooling and in-floor heating for warmth, providing year-round comfort. Privacy is paramount with a newly remodeled private bathroom included within the suite. Furthermore, the building benefits from facility-wide security monitoring, offering peace of mind for tenants. This is a perfect solution for a small business or individual professional seeking a well-appointed, conveniently located office space. The property is offered as a single-tenant occupancy, providing exclusive use and control of the space. Interested parties should contact the provided number for rental information. This move-in ready office presents a fantastic opportunity to establish a professional presence in a vibrant downtown location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,215,285
    Hospitality
    $1,113,195
    Educational
    $926,165
    Medical
    $958,017
    Retail
    $1,440,701
20 Locust St, Faribault, Minnesota
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Location Insight

City
Faribault
County
Rice
State
Minnesota
Latitude
44.2874
Longitude
-93.2663
CBSA code
22060
CBSA name
FARIBAULT-NORTHFIELD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,978
$105,300
$661,100
$766,400
-
$105,300
$661,100
$766,400

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