Highway Commercial Redevelopment Site: Faribault, MN

3701 Highway 60 Faribault, MN 55021

Listing ID: 37442

$685,000

Property For Sale

Highway Commercial Redevelopment Site: Faribault, MN

  • Approx. 2.37 Acre Site
  • Zoned C-2 (Highway Commercial District)
  • Ideal Land Redevelopment Site
  • Two (2) parcels (see summary page for PID & Tax Data)
  • Near Sakatah Singing Hills Trail

Current C-2 zoning exists to provide for a wide range of vehicle oriented commercial uses, including food, auto, motels. The 2040 Comp Plan guides this site for a mixed industrial / commercial use.

Traffic Counts:

■ 9,600 vpd @ Highway 60 west & 38th Ave NW

■ 28,000 vpd @ I-35 south of Hwy 60 interchange

Demographics:

                                                 1 Mile                3 Mile              5 Mile             

Population                            671                      13,270           24,192

Median HH Income           $55,669           $49,621           $51,440

Avg HH Income                  $62,292           $58,246          $60,390

 

Listing Data

Total Acreage Available
2.37
Divisible?
No
Traffic Counts
9,600 vpd @ Highway 60 west & 38th Ave NW & 28,000 vpd @ I-35 south of Hwy 60 interchange

Building Data

Breakout of SF
Approx. 12,000 SF in 3 buildings currently exist on the property
Outdoor Storage Available
Yes
Year Remodeled, Addition, etc.
Original building on site built in 1940 Additional pole frame warehouse building added in 1987 Office/Warehouse building added in 1994
# of Drive-in Doors
3
Building Amenities/Features
Redevelopment Focus

Site Data

Property Type
Retail, Land, Industrial
Zoning Code
C-2
Zoning Name
Highway Commercial District
Permitted Use(s)
Food, auto, motels, retail, potential for industrial.
PID#
18-35-3-00-003 & 18-35-3-00-006
County Tax Amount
8556
Tax Year
2021

Additional Documents

Hwy 60 Commercial Redevelopment Site - Flyer
Brochure
City Zoning
Demographic Report

Location

Listing Agent

Bruce Rydeen

  952-469-9444

  952-469-2173

  brucer@cerron.com

Contact Agent