301 Central

Faribault, MN 55021
  • $525,000

    Price

About the Listing 25792 - 499500276

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!

Listing Highlights

Status Active With Contingency
Days on Site 244
Property Type Commercial Sale
MLS ® 7012007
Year Built 1920
Lot/Acreage 69x78
County Rice
School District Faribault

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Garage Capacity: 1 car
  • Lot Dimensions: 69x78
  • Zoning: Business/Commercial
  • Roof:
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Attached Garage,Unassigned

Financial Details

  • Tax Amount: $7,772
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1831126302
  • Tax Year: 2025

Payment Calculator

Monthly Payment

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  • in Taxes
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Questions About..

301 Central Faribault, MN 55021

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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