313 Central Avenue N, Faribault, MN 55021 (MLS# 7128246)

313 Central Avenue N, Faribault, MN 55021

$239,000
Property Type: Commercial Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $239,000 List Date: 8/18/2026 Last Modified: 8/27/2026

Overview

Description

Once home to the beloved Java Live Coffee Shop, this iconic downtown building is ready for its next chapter! Located on one of the most desirable blocks of Faribault’s historic downtown, this full-building opportunity offers incredible visibility, character, and potential from front to back. The main level, once filled with coffee, conversation, and community, is now a wide-open space ready to be reimagined. Create a storefront, restaurant, boutique, gallery, office, gathering space-or bring an entirely new concept to life. With a prime Main Street location and the charm of a historic downtown building, there is so much opportunity here. Upstairs, the second level has been completely gutted, giving you a true blank slate to design from the ground up. Envision two spacious apartments, short- or long-term rental opportunities, or one incredible front-to-back downtown loft. With access from both the front and rear of the building, the layout offers added flexibility for future use. Whet ...

Listing Details MLS# 7128246

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1916
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
2673
For Sale or Lease
For Sale
Acres
0.08
Lot Dimensions
22x165
Assessment Pending
No

Property Features

Accessible: None CMU Style: Apartments/Multi Family; Business Opportunity; Mixed Use Construction Status: Previously Owned Current Use: Vacant Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Hot Water Loan Terms: Cash; Conventional On Site Utilities: Electric Separate; Heating Separate Parking Characteristics: Unassigned Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
239000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
313
Street Name
Central
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
City/Faribault

Assessments

Tax With Assessments
2682

Building Information

Building Finished SqFt
2673

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit 2

No. of 2 Bedroom Units
2

Unit Details

Total Units
3
IDX
Listing Office: eXp Realty
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products