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For Sale:  Faribault MLS# 7129070

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Active NEW!
$279,000
/mo Edit
Commercial:  Other
Built 1920
0.055 acres
Faribault schools
MLS# 7129070
763-576-8286
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    Property Description

    You can’t miss this one! Sitting proudly on a prominent corner along Central Avenue, this historic downtown building has the kind of presence that naturally welcomes people into the heart of Faribault. With windows, visibility, and exposure from the main downtown corridor, it’s a property that gets noticed, and one that is ready to become part of the energy happening downtown. Surrounded by destinations like the Paradise Center for the Arts, the Bachrach Building, 310 Event Center, 10, 000 Drops Distillery, Redemption Restaurant, and an eclectic mix of locally owned businesses, this location puts you right in the middle of it all. Once home to a beloved flower shop, the main floor is filled with character and ready for a fresh vision. Its highly visible corner location creates an inviting presence for a boutique, café, salon, studio, gallery, office, retail concept, or gathering space. Whatever comes next, this is a building made to welcome people through its doors. Upstairs, even more opportunity awaits. Previously configured as two apartments, the upper level offers flexibility for future residential use-whether reimagined as apartments, rentals, or a one-of-a-kind downtown residence. There’s something special about a corner building. It doesn’t just sit on the block-it helps define it. For an entrepreneur, investor, or creative visionary looking to make their mark downtown, this is an opportunity to own a piece of Faribault history in a location that truly stands out. A beloved past. A front-and-center location. And so much possibility for what comes next. This downtown beauty is ready to bloom again!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $279,000
    Property Type: Commercial
    City: Faribault
    Garage Spaces: 1
    County: Rice
    Year Built: 1920
    State: MN
    Property Style: Other
    Zip Code: 55021
    Subdivision Name: City/Faribault

    Exterior

    Garage Spaces: 1
    Foundation Size: 1,749 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Hot Water
    Parking Features: Attached Garage

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.055
    Geolocation: 44.294616, -93.268017
    Inclusions: Building
    Lot Dimensions: 22 x 150
    Zoning: Business/Commercial

    Schools

    School District: 656
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $2,904
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,204

    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

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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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.