20 Locust St, Faribault, MN 55021
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.
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Faribault Storage - Locust Storage Facility
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A & J Self Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.