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$450,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1,500 Sq. Ft.
  • 4 Acres
  • Updated 3 hours ago
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4 ACRES!! Highly visible commercial opportunity at the entrance of I-35 & Hwy 21 in Faribault. This property features a single-story 1500 sq ft office building with reception area, open workspace, restroom, utility/storage room, and kitchenette. Large front windows and dual entry doors provide excellent natural light and accessibility. In addition to the office building, the property includes a detached 1872 sq ft multi-stall garage/shop building with several overhead doors - ideal for contractors, storage, service businesses, or light industrial use. The expansive lot offers ample parking, outdoor storage potential, and significant room for expansion or redevelopment. Located in a growing commercial area with strong highway access and visibility, this property presents a flexible opportunity for business owners, investors, or future development.

Full Property Details for 2900 Airport Dr W

General

  • Price: $450,000
  • Taxes: $9,412 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7028927
  • Updated: Today (3/5/2026)
  • Added to Site: Today

Interior

  • Flooring: Tile, Vinyl

Parking

  • Garage: Yes
  • Garage Spaces: 6
  • Parking Features: Detached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Parking Lot, RV Access/Parking, Storage

Location

  • County: Rice
  • Township: Faribault
  • Driving Directions: Lyndale Ave N (Hwy 21) to west on Airport Road W

School Information

  • School District: 2145 - 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), Well
  • Utility Description: Electric Common, Heating Common

Structural Information

  • Exterior Const.: Block
  • Foundation Size: 1500
  • Roof: Age Over 8 Years, Asphalt
  • Ceiling Height: 8-10
  • Disability Access: None
  • Square Feet: 1,500
  • Finished Down/Base.: 1,500 Sq. Ft.
  • Current Bldg. Use: Commercial, Professional Service, Vacant
  • Year Built: 1978

Lot Features

  • Lot Size (Acres): 4
  • Lot Dimensions: 4 Acres
  • Frontage: City Street, Curbs, Paved Streets, Street Lights, Storm Sewer
  • Potential Use: Office, Professional Service, Rest/Lounge, Restaurant, Retail, Income
  • Zoning: Business/Commercial
  • Lot Description: Public Transit (w/in 6 blks), Light Tree Coverage, Underground Utilities

Financial Considerations

  • Tax Amount: $9,412
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: Lengthy - see addendum to purchase agreement
  • Inclusions: Building, Land
  • Property ID: 1823175002

Listed by Re/Max Advantage Plus

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— 2900 Airport Dr W —

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Schools serving 2900 Airport Dr W

School District:Faribault Public School District
NameGradesDistance
Lincoln Elementary School, Faribault, MN
510 Lincoln Avenue Northwest, Faribault, MN 55021
K-52 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-83.8 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-122.6 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 2900 Airport Dr W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/05/2026
Listed
$450,000
12.5%
MLS
7/20/2023
Sold
$400,000
—
Public Record
Get Price Alerts and Save Property
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 for 2900 Airport Dr W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,412
17%
$402,300
17%
2024
$8,048
-3%
$345,300
10%
2021
$8,332
—
$314,600
-9%
2023
$8,332
—
$345,300
2%
2021
$8,332
—
$339,200
9%
2020
$8,298
-2%
$310,700
1%
2019
$8,494
-2%
$307,900
—
2018
$8,708
-10%
$306,500
—
2017
$9,714
-2%
$306,500
—
2016
$9,952
7%
$306,500
4%
2015
$9,276
-7%
$293,600
—
2014
$9,952
3%
$293,600
—
2013
$9,650
—
$293,600
—
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.

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2900 Airport Drive W, Faribault, MN 55021 (MLS# 7028927) is a Commercial property. 2900 Airport Drive W is currently listed for $450,000 and was received on March 05, 2026. Want to learn more about 2900 Airport Drive 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.

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