$LABEL$
$CONTENT$
$LABEL$
$CONTENT$
RE/MAX Results is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Chad Schwendeman is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Chad Schwendeman, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":606810,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7135428","MLSAGENTID":"NST502047923","MLSOFFICEID":"NST40490","ADDRESS":"14 3rd Street NW","ACRES":0.075,"AGENTOWNER":false,"AUCTIONYN":false,"BATHSTOTAL":8.0,"BEDROOMS":8.0,"CITY":"Faribault","CONTINGENCY":"None","COUNTY":"Rice","CURRENTUSE":"Residential,Retail","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":1095000.0,"LASTPRICEDATE":"2026-08-31T19:00:07.373","LATITUDE":44.293825,"LENDEROWNED":"No","LISTDATE":"2026-08-31T05:00:00","LISTPRICE":1095000.0,"LIVINGAREA":3300.0,"LONGITUDE":-93.269039,"MODIFICATIONTIMESTAMP":"2026-08-31T19:00:07.372","OFFICE_OFFICENAME":"RE/MAX Results","PHOTOCOUNT":15,"POSTALCODE":"55021","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"Investment opportunity in the heart of downtown Faribault. This 9-unit mixed-use property consists of eight renovated residential apartments and one commercial space. The residential units have been extensively renovated with updated kitchens, bathrooms, flooring, and finishes, along with new electric baseboard heat, allowing residents to control and pay for their own heating costs. Additional capital improvements include a newer roof with a transferable warranty and a new fire panel. The commercial space is leased through December 2030, providing in-place income, while the eight renovated residential units are currently vacant, giving the next owner the opportunity to complete lease-up and stabilize the property. Commercial tenant pays their own gas/electric/trash/sewer/internet and is in charge of HVAC maintenance. Convenient downtown location near businesses, restaurants, and services. An opportunity to acquire a substantially improved mixed-use asset with much of the renovation and capital improvement work already completed.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Building","SCHOOLDISTRICTNUMBER":"656-Faribault","SCHOOLDISTRICTPHONE":"5073336016","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-08-31T19:00:07.373","LASTSTATUS":"Active","STREETDIRSUFFIX":"NW","STREETNAME":"3rd","STREETNUMBER":"14","STREETSUFFIX":"Street","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1910,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-08-31T19:00:07.372","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15","SOURCE":"MG_NST"}
{"ListingKey":"NST7959071","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","BasementYN":"False","BathroomsTotalInteger":"8","BedroomsTotal":"8","BuildingAreaTotal":"3300","CumulativeDaysOnMarket":"0","City":"Faribault","NST_CommercialStyleType":"Apartments and Retail","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Rice","CurrentUse":"Residential,Retail","Directions":"4th St West, right on 1st ave, left on 3rd st","DocumentsCount":"1","DocumentsChangeTimestamp":"2026-08-31T19:00:07.372Z","DaysOnMarket":"0","ExteriorFeatures":"Stone","FoundationArea":"1100","FoundationDetails":"Poured Concrete","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","GarageSpaces":"0","Heating":"Baseboard","HighSchoolDistrict":"Faribault","NST_ForeclosureStatus":"No","Inclusions":"Building","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.293825","NST_LenderOwned":"No","Levels":"Three Or More","ListPrice":"1095000","ListingContractDate":"2026-08-31T05:00:00Z","ListingId":"NST7135428","Longitude":"-93.269039","LotSizeArea":"0.075","LotSizeDimensions":"50x66","LotSizeUnits":"Acres","NumberOfUnitsTotal":"9","OriginalEntryTimestamp":"2026-08-31T13:59:05Z","NST_OwnerOccupied":"No","OwnerPays":"Common Area Maintenance,Sewer,Trash Collection,Water","ParcelNumber":"1831126282","ParkingFeatures":"None","PhotosCount":"15","PhotosChangeTimestamp":"2026-08-31T19:00:07.372Z","PostalCity":"Faribault","PostalCode":"55021","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Investment opportunity in the heart of downtown Faribault. This 9-unit mixed-use property consists of eight renovated residential apartments and one commercial space. The residential units have been extensively renovated with updated kitchens, bathrooms, flooring, and finishes, along with new electric baseboard heat, allowing residents to control and pay for their own heating costs. Additional capital improvements include a newer roof with a transferable warranty and a new fire panel. The commercial space is leased through December 2030, providing in-place income, while the eight renovated residential units are currently vacant, giving the next owner the opportunity to complete lease-up and stabilize the property. Commercial tenant pays their own gas/electric/trash/sewer/internet and is in charge of HVAC maintenance. Convenient downtown location near businesses, restaurants, and services. An opportunity to acquire a substantially improved mixed-use asset with much of the renovation and capital improvement work already completed.","NST_SchoolDistrictFullName":"656 - Faribault","NST_SchoolDistrictNumber":"656","NST_SchoolDistrictPhone":"5073336016","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"NW","StreetName":"3rd","StreetNumber":"14","StreetNumberNumeric":"14","StreetSuffix":"Street","SubdivisionName":"City/Faribault","TaxAnnualAmount":"6336","NST_TaxWithAssessments":"6336","TaxYear":"2026","TenantPays":"All Utilities,Electricity,Gas","Township":"Faribault","Utilities":"Electric Separate","VideosCount":"0","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1910","ZoningDescription":"Business/Commercial","ListAgentKey":"NST109585","ListAgentMlsId":"NST502047923","ListOfficeMlsId":"NST40490","ListOfficeName":"RE/MAX Results","ListOfficeKey":"NST19238","ModificationTimestamp":"2026-08-31T19:00:07.372Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7959071\",\"Order\":13,\"MediaObjectID\":\"NST13\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/107071e7-d64f-4485-984d-3f7541765cdf.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:15:10.915Z\",\"MediaKey\":\"NST124581163\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":7,\"MediaObjectID\":\"NST7\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/171a8919-bb48-4606-805c-5db583cc2005.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.419Z\",\"MediaKey\":\"NST124581178\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":2,\"MediaObjectID\":\"NST2\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/14e5cc42-686d-43a3-a71c-b1c5f10ddece.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.43Z\",\"MediaKey\":\"NST124581160\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":11,\"MediaObjectID\":\"NST11\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/824ab1e2-c5f9-441b-ba9e-1c9b22128efa.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:15:10.847Z\",\"MediaKey\":\"NST124581168\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":12,\"MediaObjectID\":\"NST12\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/b19f1745-196a-4415-9aca-baf2cdd4de6b.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:15:10.826Z\",\"MediaKey\":\"NST124581164\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":10,\"MediaObjectID\":\"NST10\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/177f063d-c332-4306-a872-74da3f10d3e2.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:15:10.848Z\",\"MediaKey\":\"NST124581174\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":4,\"MediaObjectID\":\"NST4\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/9255679d-acb0-4eb5-944b-2404dfbed2c5.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.425Z\",\"MediaKey\":\"NST124581179\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":9,\"MediaObjectID\":\"NST9\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/7e7fa12d-4613-4dbd-a5b5-ec1d47267633.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:14:12.22Z\",\"MediaKey\":\"NST124581173\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":14,\"MediaObjectID\":\"NST14\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/57f481e0-8be4-47ee-a994-c575e967acfd.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:15:10.86Z\",\"MediaKey\":\"NST124581159\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":15,\"MediaObjectID\":\"NST15\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/17bb4e31-2161-431b-a3c5-44ff9672a940.jpeg\",\"ImageWidth\":1086,\"ImageHeight\":1448,\"ImageSizeDescription\":\"1086x1448\",\"MediaModificationTimestamp\":\"2026-08-31T18:16:13.08Z\",\"MediaKey\":\"NST124581183\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":6,\"MediaObjectID\":\"NST6\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/734bcacd-2ea1-46f1-af7d-c9d9a851143c.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.445Z\",\"MediaKey\":\"NST124581182\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":5,\"MediaObjectID\":\"NST5\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/728a1a3f-e7fa-4ff9-89b1-8a1e8c5eeec4.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.576Z\",\"MediaKey\":\"NST124581180\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":3,\"MediaObjectID\":\"NST3\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/2cd85ecd-8939-4539-af22-e4bb87eee602.jpeg\",\"ImageWidth\":1086,\"ImageHeight\":1448,\"ImageSizeDescription\":\"1086x1448\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.421Z\",\"MediaKey\":\"NST124581161\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":8,\"MediaObjectID\":\"NST8\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/5fd35427-de94-4277-b7b9-4fa86f1afef5.jpeg\",\"ImageWidth\":1448,\"ImageHeight\":1086,\"ImageSizeDescription\":\"1448x1086\",\"MediaModificationTimestamp\":\"2026-08-31T18:14:12.259Z\",\"MediaKey\":\"NST124581177\"},{\"ResourceRecordKey\":\"NST7959071\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7959071/ea360902-d7a6-44d9-ae5a-a3aab0198bef.jpeg\",\"ImageWidth\":1086,\"ImageHeight\":1448,\"ImageSizeDescription\":\"1086x1448\",\"MediaModificationTimestamp\":\"2026-08-31T18:13:14.455Z\",\"MediaKey\":\"NST124581184\"}]","Media__ResourceRecordKey":"NST7959071","Media__Order":"13","Media__MediaObjectID":"NST13","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7959071/107071e7-d64f-4485-984d-3f7541765cdf.jpeg","Media__ImageWidth":"1448","Media__ImageHeight":"1086","Media__ImageSizeDescription":"1448x1086","Media__MediaModificationTimestamp":"8/31/2026 6:15:10 PM","Media__MediaKey":"NST124581163","UnitTypes":"[{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22286\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22287\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22288\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22289\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22290\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22291\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22292\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeKey\":\"NST22293\",\"UnitTypeBathsTotal\":1,\"NST_UnitBathFull\":1,\"NST_UnitIsLeased\":\"No\"},{\"NST_UnitLevel\":\"Main Level\",\"UnitTypeActualRent\":2000,\"UnitTypeKey\":\"NST22294\",\"UnitTypeBathsTotal\":0,\"NST_LeaseExpirationDt\":\"2030-12-31\",\"NST_UnitIsLeased\":\"Yes\"}]","UnitTypes__UnitTypeBedsTotal":"1","UnitTypes__UnitTypeKey":"NST22286","UnitTypes__UnitTypeBathsTotal":"1","UnitTypes__NST_UnitBathFull":"1","UnitTypes__NST_UnitIsLeased":"No","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"","PhotoOrder":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15","CustomVTourURL":""}