1507 Saint Paul Road, Faribault, MN 55021 - Photo 1

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$745,000 -$40,000 (-5.1%) Price Reduced

For Sale
Active
Commercial
3.3 Acres
Updated 16 hours ago

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Property Description

3.3 acre commercial site on the edge of town, with 2 buildings. Building #1 has a heated shop with 2 11ft overhead doors, 2 offices, handicapped bathroom, air to air exchanger, floor drains, and a steel roof. Building #2 has an 11 ft door, concrete floor with drains, steel exterior, insulated and heated, and more. Both buildings have an asphalt driveway, and 10 parking spaces. Natural gas, city sewer and water. Currently being used as an automotive restoration business.

Full Property Details

Full Property Details for 1507 St Paul Rd

General

Price: $745,000
Taxes: $2,186 (2025)
Status: Active
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 6696116
Updated: 3/11/2026
Added to Site: 252 day(s) ago

Parking

Garage: Yes
Garage Spaces: 8
Parking Features: Parking Lot

Location

County: Rice
Township: Faribault
Driving Directions: Hwy 21 S to Hwy 60, E to Shumway Ave, S to St Paul Ave, veer right to property

School Information

School District: 2145 - Faribault
High School District: Faribault

Heating & Cooling

Heating Type: Radiant
Heating Fuel: Propane

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)
Utility Description: Electric Common

Structural Information

Foundation Size: 8808
Disability Access: Doors 36"+, No Stairs External
Current Bldg. Use: Automobile Service
Year Built: 1980

Lot Features

Lot Size (Acres): 3.3
Lot Dimensions: 403 x 273 x 553 x 233
Zoning: Business/Commercial

Financial Considerations

Tax Amount: $2,186
Tax Year: 2025

Disclosures and Reports

Legal Description: PART NE4 SE4 LYG S & E C/L CSAH 20 DAF BEG SE COR NE4 SE4 SD PT BEING IN C/L HWY 25 TH W ALG S LI NE4 SE4 & HWY 25 C/L 674.92FT TO PT IN C/L CSAH 20 TH N45D33'33"E ALG HWY 20 C/L 294.66FT TH N77D22'32"E 476.05FT TO PT IN E LI NE4 SE4 TH S ALG E LI 31 0.55FT TO POB
Inclusions: Building, Land
Property ID: 1829400004

Listed by Weichert, REALTORS- Heartland

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— 1507 St Paul Rd —

Weichert, REALTORS- Heartland

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Schools

Schools serving 1507 St Paul Rd

School District:Faribault Public School District

Name	Grades	Distance
Roosevelt Elementary School, Faribault, MN 925 Parshall Street, Faribault, MN 55021	K-5	0.5 mi
Faribault Middle School 704 17th Street Southwest, Faribault, MN 55021	6-8	2.8 mi
Faribault Senior High School 330 9th Avenue Southwest, Faribault, MN 55021	9-12	2.3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1507 St Paul Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/11/2026

Price Reduced

$745,000

-5.1%

MLS

10/30/2025

Price Reduced

$785,000

-7.1%

MLS

10/07/2025

Price Reduced

$845,000

-5.59%

MLS

7/03/2025

Listed

$895,000

343.31%

MLS

3/28/2022

Sold

$201,891

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 1507 St Paul Rd

Year

Property Taxes

Change

Tax Assessment

Change

2025

$2,186

12%

$185,500

13%

2024

$1,954

49%

$164,400

—

2023

$1,314

—

$164,400

44%

2021

$1,314

-27%

$114,200

-21%

2023

$1,788

39%

$144,900

48%

2020

$1,290

-1%

$97,900

—

2019

$1,308

$97,900

2018

$1,300

-3%

$94,700

—

2017

$1,344

-2%

$94,700

—

2016

$1,370

$94,600

-1%

2015

$1,320

-18%

$95,700

-11%

2014

$1,618

$107,800

—

2013

$1,502

—

$107,300

—

View All

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 1507 St Paul Rd

1507 Saint Paul Road, Faribault, MN 55021 (MLS# 6696116) is a Commercial property. 1507 Saint Paul Road is currently listed for $745,000 and was received on July 03, 2025. Want to learn more about 1507 Saint Paul Road? 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.

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1507 St Paul Rd Faribault, MN 55021