728 Central Avenue N, Faribault, MN 55021 (MLS# 7091070)

728 Central Avenue N, Faribault, MN 55021

$395,000
Property Type: Commercial Square Footage: 1,268 Lot Size (sq. ft.): 5,280 Status: Active
Current Price: $395,000 List Date: 6/11/2026 Last Modified: 6/26/2026

Overview

Description

"Turn Key" auto repair opportunity! Full service gas station with two service garages/bays including: air compressor, tire charger, tire balancer, and new lift. Currently has two gas pumps and tanks have recently been inspected and compliant. Solid concrete building sitting on corner lot. New rubber roof in 2024. Heated floors, showroom, and retail space.

Listing Details MLS# 7091070

General Property Information

Lot Measurement
Square Feet
Multiple PIDs?
No
Other Parking Spaces
2
Owner Occupied
No
Waterfront YN
No
Year Built
1952
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Lot Size SqFt
5280
Foundation Size
1268
Garage Stalls
2
For Sale or Lease
For Sale
Lot Dimensions
80x66
Assessment Pending
No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: None CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Automobile Service Exterior: Stucco Flooring: Concrete Slab Foundation: Slab Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL Loan Terms: Cash; Conventional Lock Box Type: None Miscellaneous Information: Alarms; Auto Bay; Building Sign; Gas Pump; Gas Tanks On Site Utilities: Heating Common Overhead Door Clearance: 10-14 Feet Owner Pays: All Utilities; Broadband; Electricity; Fuel; Gas; Heat; Hot Water Parking Characteristics: Parking Lot; Heated Garage Potential Use: Shop Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Age Over 8 Years Sewer: City Sewer/Connected Stories: One Topography: Level Wall Description: Concrete/Block Water: City Water/Connected Window Features: Display Window(s)

Contract Information

Contingency
None
ListPrice
395000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
728
Street Name
Central
Street Suffix
Avenue
Street Direction Suffix
N
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Paquins Add

Assessments

Tax With Assessments
2386

Building Information

Building Finished SqFt
1268
Building SqFt
1268
Ceiling Height
8-10

More Information

Income and Expenses

Annual Gross Expenses
70000
Annual Gross Income
120000
Annual Net Income
50000
Total Annual Expenses
70000

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building, Business, Fixture/Equipment, Inventory, Land

Unit Details

Total Units
Yes
IDX
Listing Office: LaBelle Real Estate Group Inc
Last Updated: June - 26 - 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.