For Sale: Faribault MLS# 6727828
Active
$299,000
Commercial: Apartments/Retail
Built 1920
0.06 acres
Faribault schools
MLS# 6727828
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Property Description
Be a part of Faribault’s vibrant downtown revival with this iconic corner building on Central Avenue!
Located on a prime block downtown, steps from the Paradise Center for the Arts, the beautiful Bachrach Building, the 310 Event Center, 10, 000 Drops Distillery, Redemption Restaurant, and a string of charming storefronts...this historic gem is overflowing with potential and rich in character.
Once home to a beloved flower shop, the main floor is now a blank canvas just waiting for your vision. With prime visibility, high foot and drive traffic, and that undeniable Main Street charm, this space is perfect for a boutique, café, salon, gallery, or anything your entrepreneurial heart can dream up! And upstairs? Even more opportunity awaits. Previously configured as two apartments, the upper level offers flexible space that could be transformed into short-term rentals, long-term housing, or your own stylish downtown loft. Whether you're a business owner, investor, or dreamer with a creative eye...this cornerstone property is ready to bloom again.
Downtown is buzzing. The community is growing. The time is now. Let’s make something amazing here.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$299,000
Property Type:
Commercial
City:
Faribault
Garage Spaces:
1
County:
Rice
Year Built:
1920
State:
MN
Property Style:
Apartments/Retail
Zip Code:
55021
Subdivision Name:
City/Faribault
Exterior
Garage Spaces:
1
Other Parking Spaces:
2
Foundation Size:
1,749 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Parking Features:
Attached Garage
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.06
Geolocation:
44.294616, -93.268017
Inclusions:
Building
Lot Dimensions:
22 x 150
Zoning:
Business/Commercial
Schools
School District:
656
District Phone:
507-333-6016
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,908
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,908
Units
Total Units:
3
Miscellaneous
Current Use:
Vacant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.