For Sale: Faribault MLS# 7129070
Active
NEW!
$279,000
Commercial: Other
Built 1920
0.055 acres
Faribault schools
MLS# 7129070
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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
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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!
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.