400 4th Street NW, Faribault, MN 55021 (MLS# 6815435)
$1,895,000
Faribault, MN 55021
MLS# 6815435
Status: Closed
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Property Description
Great investment opportunity! Donât miss this chance to own a high-visibility professional office building located in the heart of Faribault. This well-maintained property features multiple long-term tenants, including a long-term government lease providing stable, reliable income. Positioned along busy Highway 60, the property benefits from strong traffic counts and excellent visibilityâperfect for continued tenant retention and future growth.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2026-02-05
Current Price: 1550000
Closed Date: 2026-03-16
Sales Close Price: 1550000
Contingency: None
ListPrice: 1895000
List Date: 2025-11-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 28
Waterfront Present: No
Year Built: 2008
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 7798
For Sale or Lease: For Sale
Acres: 0.57
Lot Dimensions: 155x165
Location Tax and Other Information
House Number: 400
Street Name: 4th
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Assessments
Tax With Assessments: 31550
Building Information
Building Finished SqFt: 7798
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building
Unit Details
Total Units: 3
Property Features
Accessible: None
CMU Style: Office
Construction Status: Previously Owned
Current Use: Office; Professional Service
Exterior: Brick/Stone; Stucco
Financing Terms: Conventional
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
On Site Utilities: Electric Common; Heating Common
Parking Characteristics: Paved Lot
Sewer: City Sewer/Connected
Water: City Water - In Street
Listing Office: MDC Real Estate Services
Last Updated: March - 17 - 2026
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