Faribault, MN 55021
New Listing
$1,200,000
Property Type:
Commercial
Square Footage:
4,118
Lot Size (sq. ft.):
22,651
Status:
Active
Current Price:
$1,200,000
List Date:
7/22/2026
Last Modified:
7/22/2026
Overview
Description
Listing Details MLS# 7114244
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 25
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1987
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial, Lot
- Foundation Size
- 4118
- For Sale or Lease
- For Sale
- Acres
- 0.52
- Lot Dimensions
- 130x255
- Assessment Pending
- No
- Garage Stalls
- 0
Property Features
Accessible:
Doors 36"+; Grab Bars In Bathroom; Wheelchair Ramp
Assumable Loan:
Not Assumable
CMU Style:
Apartments and Retail; Business Opportunity; Car Wash; Office; Retail/Shopping Center; Single Occupancy
Commercial Kitchen Appliances:
Freezer; Fryer; Grill; Other; Prep Station; Refrigerator; Walk-In Cooler/Freezer
Construction Status:
Previously Owned
Current Use:
Retail
Exterior:
Brick Veneer
Foundation:
Slab
Fuel:
Natural Gas
Heating:
Forced Air
Loan Terms:
Cash; Conventional; Conventional Rehab; Trade
Lock Box Type:
Combo
On Site Utilities:
Electric Common; Heating Common; Hot Water Common
Parking Characteristics:
Parking Lot; Paved Lot
Potential Use:
Grocery; Income; Lounge/Bar; Office; Other; Professional; Rest/Lounge; Restaurant; Retail; Service Station; Shop
Rent Rate per Foot:
Gross
Roof:
Flat
Sewer:
City Sewer/Connected
Stories:
One
Water:
City Water/Connected
Window Features:
Insulated Windows
Contract Information
- Contingency
- None
- ListPrice
- 1200000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Faribault
- County
- Rice
- State
- MN
- Zip Code
- 55021
- Complex/Dev/Subdivision
- Fifth Principal Meridian
Assessments
- Tax With Assessments
- 8782
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 4118
- Building SqFt
- 4118
More Information
Lease Details
- Land Leased
- Not Applicable
Lock Box Type
- Lock Box Source
- OTHER
- Combo
- Yes
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 21
- Section#
- 36
- Township#
- 110
Sale Options
- Sale Includes
- Building, Fixture/Equipment
Unit 1
- Unit Number
- Yes
- Monthly Rent
- 7000
- Leased?
- No
Unit Details
- Total Units
- Yes
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- PART W2 L14 & E5.16AC L13 ST SUB SEC36 BEG NW COR L14 TH ELY ALG N LI L14 99.84FT TO NW COR E2 W2 L14 TH S0D09'10"W ALG W LI E2 W2 L14 527.64FT TPOB TH S89D59'55"W 527.64FT 149.05FT TAP IN ELY R/W HWY 165 TH S0D54'03"W ALG HWY R/W 110.02FT TH N89D59' 55"E 68.43FT TH S0D00'05"E 20FT TH N89D59'55"E 68.43FT TH S0D00'0 5"E 20FT TH N89D59'55"E 186.64FT TAP IN E LI W2 L14 TH N0D08'25"E ALG E LI W2 77.64FT TAP IN A LI 580FT SLY FR & P/W N LI L14 TH S89D59'55"W ALG LI 580FT SLY FR & P/W N LI L14 94.82FT TH N0D09'10"E 52.28FT TH S89D59'55"W 10FT TAP IN W LI E2 W2 L14 TH N0D09'10"E ALG W LI E2 W2 0.08FT TO SAID TO TPOB
- Listing City
- Faribault
- Map Page
- 999
- Municipality
- Faribault
- School District
- Faribault
- School District Phone
- 507-333-6016
- Zip Plus 4
- 7064
- Property ID Number
- 1836150005
- Tax Year
- 2025
- Tax Amount
- 8782
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Outstanding opportunity to purchase or lease a highly visible commercial building just off Interstate 35 in Faribault. This 4,118 SF former Speedway convenience store sits on approximately 0.53 acres with excellent frontage and exposure along Lyndale Avenue. The property features an open retail layout, commercial kitchen infrastructure including a working exhaust hood, walk-in freezer, and existing cooler cases, making it well-suited for restaurant, convenience store, grocery, specialty retail, food service, or a variety of commercial uses. Surrounded by national retailers and restaurants with approximately 12,000-13,000 vehicles per day, this location offers exceptional visibility and accessibility. Available for sale at $1,200,000 or lease at $20.00/SF Modified Gross.
- Directions
- From Hwy 60 go south 200ft on 35W - property on East side of Hwy between Dairy Queen and Arby's
Accessible
- Doors 36"+
- Yes
- Grab Bars In Bathroom
- Yes
- Wheelchair Ramp
- Yes
Assumable Loan
- Not Assumable
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick Veneer
- Yes
Foundation
- Slab
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Parking Characteristics
- Parking Lot
- Yes
- Paved Lot
- Yes
Roof
- Flat
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- One
- Yes
Water
- City Water/Connected
- Yes
Window Features
- Insulated Windows
- Yes
On Site Utilities
- Electric Common
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments and Retail
- Yes
- Business Opportunity
- Yes
- Car Wash
- Yes
- Office
- Yes
- Retail/Shopping Center
- Yes
- Single Occupancy
- Yes
Commercial Kitchen Appliances
- Freezer
- Yes
- Fryer
- Yes
- Grill
- Yes
- Other
- Yes
- Prep Station
- Yes
- Refrigerator
- Yes
- Walk-In Cooler/Freezer
- Yes
Current Use
- Retail
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
- Conventional Rehab
- Yes
- Trade
- Yes
Potential Use
- Grocery
- Yes
- Income
- Yes
- Lounge/Bar
- Yes
- Office
- Yes
- Other
- Yes
- Professional
- Yes
- Rest/Lounge
- Yes
- Restaurant
- Yes
- Retail
- Yes
- Service Station
- Yes
- Shop
- Yes
Rent Rate per Foot
- Gross
- Yes
Listing Office:
Revival Commercial Real Estate
Last Updated: July - 22 - 2026
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