2800 1St AveFaribault, MN 55021

  • Warehouses
  • 5,580 SF
For Lease
$14,400/SF/YR View listing
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Property Details for 2800 1St Ave

Year built
1990
Lot size
2.10 AC
Property size (Sq ft)
5,580 SF
Property type
Warehouses
APN
18.19.1.51.002
APU
1819151002

Description

This single-story, 15,660-square-foot industrial warehouse building in Faribault, Minnesota, offers flexible space options. Located at 2800 1st Ave NW, near the intersection of 1st Avenue NW and 27th Street NW, this Class B property boasts 1 acre of land and is conveniently situated just off Highway 3 and County Road 76, within one mile of Highway 35W. Built in 1990 and renovated in 2005, the building features a 12-foot ceiling height and eight drive-in doors, each measuring 9x11 feet. The property is zoned for Business Commercial use (APN: 18.19.1.51.002, Rice County) and is currently entirely vacant, allowing for immediate occupancy. Space is divisible to a minimum of 1,000 square feet, with a maximum contiguous space of 15,660 square feet. The building previously housed a 10,000-square-foot charter school and includes office and warehouse space with a mezzanine. Two parking stalls are included. This multi-tenant property presents a great opportunity for a variety of businesses seeking flexible and well-located industrial space in Faribault.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,051,363
    Hospitality
    $963,043
    Educational
    $801,240
    Medical
    $828,796
    Retail
    $1,246,374

Location Insight

City
Faribault
County
Rice
State
Minnesota
Latitude
44.3207
Longitude
-93.2713
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
$19,450
$91,500
$671,800
$763,300
-
$91,500
$671,800
$763,300

FAQs

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