112 2nd SW ave - Specialty FOR SALE
Faribault, MN 55021 |
112 2nd SW ave
Faribault, MN 55021
HIGHLIGHTS
- Multi-building property featuring a sanctuary, school, & parsonage on an entire city block in Faribault, MN, offering redevelopment potential
- Built in 1880, the 5,698 SF sanctuary includes seating for 570, a 985 SF balcony, lower level with classrooms, an assembly hall, & kitchen/dining area
- The 32,561 SF school, built in 1958, includes 16 classrooms with sinks, offices, a cafeteria, a gymnasium with a sports court, stage & bleachers
- 7,680 sq. ft. parsonage offers additional potential, though it is need of renovation
- Centrally located within Faribault, MN, with convenient access to local amenities and transportation
- The Property includes 42 parking spaces with a parking ratio of 0.91 per 1,000 sq. ft. of GBA, making it adaptable for various uses
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Unique City Block Re-Use or Development
PROPERTY TYPE
Specialty
TOTAL BUILDING SIZE
46075
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1880
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.51 AC AC
LAND SF
109,487 SF
ZONING
-
APN/PARCEL ID
18.31.4.26.029
