301 Central, Faribault, Minnesota 55021

MN, Faribault
$525,000
  • Commercial Sale Property Type
  • 1920 Year Built
  • Active Status
See All 56 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Downtown Faribault investment opportunity: mixed-use property. Discover this exceptional investment opportunity in the vibrant heart of downtown Faribault, an emerging destination just 35 minutes south of the Twin Cities with convenient access to I-35. Positioned in a high-visibility location in one of Minnesota’s growing small-towns, whether you’re an investor, a contractor with vision, or an entrepreneur looking for your next venture, this property offers the flexibility to meet a variety of goals perfect for tapping into the area’s rising rental demand. Zoned and situated to support mixed-use development, the property is ideal for anyone looking to contribute to Faribault’s dynamic downtown revitalization. The building is currently undergoing a parcel split, which will be completed prior to closing, ensuring a smooth path forward for the next owner. Just steps from the new Viaduct Park development—an exciting public space featuring splash pads, a winter ice rink, and future family-friendly attractions—this location is surrounded by popular restaurants, retail shops, and ongoing community enhancements. Whether you’re growing your investment portfolio, launching a new business, or reimagining the space for residential income, this is a rare opportunity to plant roots in a town on the rise. Properties with this kind of potential—and prime location—don’t come around often. Schedule your showing today and explore the possibilities!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6704867
  • Price: $525,000
  • Year Built: 1920
  • Listing Status: Active
  • Office Name: eXp Realty
Features
  • Heating System Forced Air
  • Parking Attached Garage,Unassigned
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Rice
  • City Faribault
  • Zipcode 55021
  • Street: Central
  • Street Number: 301
  • Longitude: W94° 43' 47.2''
  • Latitude: N44° 17' 35.6''
  • Directions: I 35 to Faribault, Highway 21 South to 4th Street/Highway 60, East to Central Avenue, South on Central Ave to property on left.
Neighborhood
  • High School District: Faribault
MLS Addon
  • Office Name: eXp Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 4727
  • Construction Materials: Brick/Stone
  • Current Use: Vacant
  • Garage: 1
  • Levels: Two
  • Lot Size Dimensions: 69x78
  • Number Of Units Total: 7
  • Possible Use: Office,Professional Service,Restaurant,Retail,Investment,Bar/Tavern,Motel/Hotel
Financial
  • Tax Annual Amount: 7772
Listing Information
  • Co List Agent Mls Id: 506012233
  • List Agent Mls Id: 499500276
  • List Office Mls Id: 25792
  • Modification Timestamp: 2025-06-12T20:50:03Z
  • Originating System Name: NorthStar
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