LISTING Commercial Property For Sale

Faribault 55021 - 18.20 Acres

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Property Description

$1,500,000  |  Commercial Sale # 6170527  |  17575 Bagley Avenue - Faribault, LISTING

PERFECT LOCATION FOR AN INDUSTRIAL BUILDING SITE ALONG CR46 OFF INTERSTATE 35, HWY 21 AND HWY 3. THERE IS PUBLIC INFRASTRUCTURE IN PLACE WITH ACCESS TO CITY UTILITIES ALONG 38TH ST NW. CITY WATER AND SANITARY SEWER ARE WITHIN THE RIGHT OF WAY AND CITY WATER MAINS ARE ALSO IN PLACE ALONG BAGLEY AVENUE. CURRENTLY ZONED TUD, TRANSITIONAL URBAN DEVELOPMENT DISTRICT, ESTABLISHED ON THIS SITE TO ALLOW EXISTING "FARMETT" TYPE USES WHILE THE AREA IS IN TRANSITION TO FUTURE URBAN USES. SURROUNDING USES AND ZONING DESIGNATION OF ADJOINING PROPERTY ON THE NORTH, SOUTH AND EAST ARE INDUSTRIAL AT THIS TIME WITH ALDI DISTRIBUTION CENTER TO THE NORTH AND FREIGHTLINER HEAVY TRUCK REPAIR TO THE SOUTH. BASED ON THIS, IT IS ANTICIPATED AND PREFERRED BY THE CITY OF FARIBAULT THAT THIS PROPERTY ALSO BE REZONED TO AN INDUSTRIAL DISTRICT DESIGNATION TO BE CONSISTENT WITH THE CITY COMPREHENSIVE PLAN.

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$1,500,000  |  Commercial Sale # 6170527  |  17575 Bagley Avenue - Faribault, LISTING

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$1,500,000  |  Commercial Sale # 6170527  |  17575 Bagley Avenue - Faribault, LISTING

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Re: $1,500,000  |  Commercial Sale # 6170527  |  17575 Bagley Avenue - Faribault, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.12.06 | 108.163.245.133 | 35.175.107.185
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