420 2nd Street, Farmington, MN 55024 (MLS# 6759862)

420 2nd Street, Farmington, MN 55024

$399,900
Property Type: Commercial Lot Size (sq. ft.): 32,670 Status: Active
Current Price: $399,900 List Date: 7/24/2025 Last Modified: 6/26/2026

Overview

Description

Opportunity knocks! This unique and historic property has an abundance of potential! P.H Feely & Sons Grain Elevator will charm the historians, challenge the developers, rock the open-minded thinkers and warm the hearts of residents if developed into something that would complement the Farmington Downtown area. This property is zoned B2 (downtown business district) which would allow for a wide range of uses from a brewery, retail, offices, light manufacturing just to name a few. Call today for more details!

Listing Details MLS# 6759862

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
20
Waterfront YN
No
Year Built
1894
Yearly/Seasonal
Yearly
Zoning
Industrial
Foundation Size
2970
Garage Stalls
3
For Sale or Lease
For Sale
Acres
0.75
Lot Dimensions
567x54
Assessment Pending
No

Property Features

Accessible: None CMU Style: Other Construction Status: Previously Owned Current Use: Other; Warehouse Exterior: Steel Siding Foundation: Other Fuel: Natural Gas Heating: Forced Air On Site Utilities: Electric Separate Parking Characteristics: Finished Garage; Gravel Lot Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
399900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
420
Street Name
2nd
Street Suffix
Street
Postal City
Farmington
County
Dakota
State
MN
Zip Code
55024

Assessments

Tax With Assessments
2962

Building Information

Building Finished SqFt
495

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
19
Section#
31
Township#
114

Sale Options

Sale Includes
Building

Unit Details

Total Units
Yes
IDX
Listing Office: Top Notch Properties & Realty Services
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.