Date
Details
Price
Change
Source
11/13/2025
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$699,000
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Property Description
This property offers exceptional visibility and high traffic, making it perfect for a variety of uses. Whether you're looking to redevelop the site or open your own restaurant, the property provides outstanding potential in a sought-after location.
Full Property Details
Full Property Details for 1416 Division St W
General
- Price: $699,000
- Taxes: $10,536 (2025)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 6817866
- Updated: 11/18/2025
- Added to Site: 66 day(s) ago
Parking
- Parking Features: Parking Lot, Paved
Location
- County: Rice
- Driving Directions: Corner of Division street and CR 48
School Information
- School District: 656 - Faribault
- High School District: Faribault
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common
Structural Information
- Exterior Const.: Brick/Stone
- Basement: Yes
- Foundation Size: 2646
- Disability Access: None
- Square Feet: 2,646
- Finished Down/Base.: 2,646 Sq. Ft.
- Current Bldg. Use: Restaurant
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.86
- Lot Dimensions: 338 x 91
- Potential Use: Restaurant, Retail
- Zoning: Business/Commercial
Financial Considerations
- Tax Amount: $10,536
- Tax Year: 2025
Disclosures and Reports
- Legal Description: W116.21FT E551.82FT S2 L22
- Inclusions: Building, Land
- Property ID: 1836150016
Listed by MDC Real Estate Services
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NMLS#: 1598647
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Schools
Schools serving 1416 Division St W
School District:Faribault Public School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Faribault, MN 510 Lincoln Avenue Northwest, Faribault, MN 55021 | K-5 | 0.3 mi |
Faribault Middle School 704 17th Street Southwest, Faribault, MN 55021 | 6-8 | 1.5 mi |
Faribault Senior High School 330 9th Avenue Southwest, Faribault, MN 55021 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1416 Division St W
Tax History
Tax History for 1416 Division St W
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,536
17%
$443,900
17%
2024
$8,972
-1%
$379,200
—
2023
$9,084
—
$379,200
10%
2021
$9,084
1%
$344,400
-6%
2023
$9,022
2%
$367,000
12%
2020
$8,844
-2%
$328,100
2%
2019
$8,990
3%
$323,100
5%
2018
$8,744
-10%
$307,600
—
2017
$9,752
-1%
$307,600
2%
2016
$9,812
5%
$302,600
2%
2015
$9,384
-7%
$296,700
—
2014
$10,068
3%
$296,700
—
2013
$9,764
—
$296,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1416 Division St W
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- Commercial
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Listed by Help-U-Sell Heritage Real Est.
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- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 2,402Sq. Ft.
Listed by RE/MAX Advantage Plus
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- Updated 2 days ago
- 3Beds
- 2Total Baths
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Listed by Kris Lindahl Real Estate
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- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,630Sq. Ft.
Listed by Edina Realty, Inc.
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- Single Family
- Closed
- 4Beds
- 4Total Baths
- 4,238Sq. Ft.
Listed by Edina Realty, Inc.
Sold by Coldwell Banker Realty
Sold by Coldwell Banker Realty
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,807Sq. Ft.
Listed by Re/Max Advantage Plus
Sold by Dwell Realty Group LLC
Sold by Dwell Realty Group LLC
- Single Family
- Closed
- 5Beds
- 4Total Baths
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Listed by eXp Realty
Sold by Berkshire Hathaway Advantage R
Sold by Berkshire Hathaway Advantage R
- Single Family
- Closed
- 4Beds
- 4Total Baths
- 2,337Sq. Ft.
Listed by Keller Williams Preferred Rlty
Sold by Real Broker, LLC.
Sold by Real Broker, LLC.
1416 Division Street W, Faribault, MN 55021 (MLS# 6817866) is a Commercial property. 1416 Division Street W is currently listed for $699,000 and was received on November 13, 2025. Want to learn more about 1416 Division Street W? Do you have questions about finding other Commercial real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.