Rice County, MN Commercial Real Estate

Faribault has become a dynamic, growing community of 23,352 residents just 25 minues south of the Twin Cities. Faribault offers the advantages of being near a major metropolitan center while providing the livability of a small town.

Faribault has become a dynamic, growing community of 23,352 residents just 25 minues south of the Twin Cities. Faribault offers the advantages of being near a major metropolitan center while providing the livability of a small town. A 16.9 acre commercial development site at the junction of Interstate 35 and State Highway 21 in Faribault, MN. 9.3 acres are subject to a pipeline easement that may be used for parking, green space, landscaping, or other uses that do not require a permanent structure, while leaving enough land ready for development. Property sits higher than surroundings allowing for great views. Less than 40 minutes from Minneapolis and visible from Interstate 35 with 30,000 plus vehicles per day (MnDOT), this is a coveted site in the growing community of Faribault. Ideal for any highway commercial and adjacent to proposed hotel. Opportunity to purchase the entitled hotel development and plan a comprehensive development. In addition to the demand for a hotel, there also currently exists the need for a larger event space, additional multifamily, and a casual dining chain restaurant with a bar. The savvy developer will recognize that the acreage would allow for all of these and a complementary business or two, which would benefit from highway traffic. Site offers quick access to Interstate 35 for commuters and passersby alike. City has expressed a desire to have multifamily with amenities as they feel there is a gap and leakage is occurring to other cities with higher end multifamily options. Vacancy rates in the city are very low and city is attempting to get a housing study completed to substantiate the use of TIF for the right multifamily project. The surrounding area includes a municipal airport, industrial and business park facilities, retail showrooms and the Faribault Armory - Minnesota National Guard. Eventually Faribault will be connected to the Cannon Valley Trail that currently connects Red Wing and Cannon Falls.

Faribault has become a dynamic, growing community of 23,352 residents just 25 minues south of the Twin Cities. Faribault offers the advantages of being near a major metropolitan center while providing the livability of a small town. The city continues to expand with organizations like Faribault Foods , Jennie-O Turkey Store plant, Shattuck-St. Mary’s School. This property is currently occupied by a national credit tenant CH Bus who is the exclusive distributor of TEMSA Motorcoaches in the United States and Canada. DMR Holdings LLC who owns the building also operates CH Bus who is looking to sell the property while maintaining a long term lease at the current facility for CH Bus to continue to operate. Currently, CH distributes three TEMSA motorcoaches in North America: the fully integral mid-size motorcoaches the TS 35E and TS 30; as well as the fully integral full-size TS 45 coach. CH Bus Sales offers strong and trustworthy support from beginning to end. While also offering dedicated after-sales support including training, parts availability, and warranty and technical support. The company has 6 offices across the USA.

Description Office condo with excellent finishes throughout. Easy access to I-35 - visible to 33,500 vehicles per day. Office condo with excellent finishes throughout Large executive offices Signage available Conference room Storage Private restrooms Ample parking Easy access to I-35

Located in Northfield, Minnesota 40 miles south of Minneapolis/St. Paul, along the Cannon River. Northfield is the home to St. Olaf College and Carleton College, two top nationally top rated colleges. Low unemployment of 2.7%, with education and manufacturing being primary employers, makes this an attractive community for multi housing. The properties are just off MN State Highway 3, have easy access to and from Interstate 35. and are walking distance to area parks and public schools. 32 apartment units in 4 buildings located in Northfield, Minnesota. Attractive, low maintenance brick buildings with well landscaped lawns, mature trees and paved walkways. Buildings are in close proximity to each other. Tours/showings are by appointment, Monday-Friday from 9-5. Please call to schedule an appointment. A minimum of 24 hour notice must be given for all showing appointments.

This unique space was previously a home that was converted to a commercial property. After it's remodel it now hold 10 offices, however, it still maintains a homey feel. It is a historic property with a lot of character including stain glass windows. There are many opportunities for this property. The property is zoned as R-3 Medium Density Residential District. For Zoning & possible uses, please contact David Wanberg - Faribault City Planner. Phone: 507-333-0350 This unique and elegantly built property was previously a residential home that was used by a private owner for a short time, before being donated to Church/School/Housing. Most recently converted to a commercial, multi-tenant office property. Current tenants include Therapy/Counseling, Law and Wealth Management. After its remodel, it now holds 11 offices, with the potential to expand to the 3rd level and Lower Level. Tons of charm and high quality craftsmanship abounds in this beautiful property! Variety of uses are possible for this property, along with substantial land and parking within its boundaries.