222 3Rd Ave NW Faribault, MN 55021

Property Details for 222 3Rd Ave NW

Year built

1926

Lot size

0.23 lot acres

Property size

3,184 SF

Property type

Office Properties & Spaces

APN

18.31.1.26.367

APU

1831126367

Description

This exceptional 11,596 square foot, all-brick commercial building presents a rare opportunity in the heart of Faribault, Minnesota. Situated just one block from city and county government buildings, this historic property boasts a prime downtown location with immense potential for diverse uses. The building features updated windows and a newer roof, ensuring both aesthetic appeal and structural integrity. Accessibility is a key feature, with the main level offering convenient, stair-free access. This level includes three offices, expansive gathering spaces complete with a fireplace, a gymnasium equipped with a performance stage, a dedicated meeting room, and a fully functional kitchen featuring ovens, sinks, a dishwasher, freezer, microwave, and refrigerator. The second floor mirrors the functionality of the main level, offering another full kitchen, a meeting room, three additional offices, and a large gathering area providing a commanding view of the gymnasium below. The lower level adds further versatility with a third full kitchen, a recreational room, utility hookups, and convenient outside egress. This property's substantial size, multiple kitchens, and flexible floor plan make it ideal for a variety of commercial ventures, from community centers and event spaces to office complexes and mixed-use developments. The 0.23-acre lot provides ample space for outdoor activities or potential expansion. Don't miss this chance to acquire a landmark property in a thriving downtown area. Priced at $595,000.

Location Insight

City

Faribault

County

Rice

State

Minnesota

Longitude

-93.2734

Latitude

44.2933

CBSA code

22060

CBSA name

FARIBAULT-NORTHFIELD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments