Faribault, MN 55021
New Listing
$279,000
Property Type:
Commercial
Lot Size (sq. ft.):
2,178
Status:
Active
Current Price:
$279,000
List Date:
8/18/2026
Last Modified:
8/18/2026
Listing Details MLS# 7129070
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 2
- Waterfront YN
- No
- Year Built
- 1920
- Yearly/Seasonal
- Yearly
- Zoning
- Business/Commercial
- Foundation Size
- 1749
- Garage Stalls
- Yes
- For Sale or Lease
- For Sale
- Acres
- 0.05
- Lot Dimensions
- 22x150
- Assessment Pending
- No
Property Features
Accessible:
None
CMU Style:
Apartments and Retail
Construction Status:
Previously Owned
Current Use:
Vacant
Exterior:
Brick/Stone
Foundation:
Stone
Fuel:
Natural Gas
Heating:
Boiler; Hot Water
Loan Terms:
Cash; Conventional
On Site Utilities:
Electric Separate; Heating Separate; Hot Water Separate
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 279000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- Postal City
- Faribault
- County
- Rice
- State
- MN
- Zip Code
- 55021
- Complex/Dev/Subdivision
- City/Faribault
Assessments
- Assessment Balance
- 300
- Tax With Assessments
- 3204
Building Information
- Building Finished SqFt
- 1958
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Sale Options
- Sale Includes
- Building
Unit Details
- Total Units
- 3
Office/Member Info
- Association
- SPAAR
Location, Tax and Other Information
- Legal Description
- ORIG TOWN W110FT N1/3 L6 B46
- Listing City
- Faribault
- Map Page
- 999
- Municipality
- Faribault
- School District
- Faribault
- School District Phone
- 507-333-6016
- Zip Plus 4
- 2767
- Property ID Number
- 1831126294
- Tax Year
- 2026
- Tax Amount
- 2904
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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!
- Directions
- From intersection of Highways 21 and 60, travel east on Highway 60 to the intersection of Central Avenue. Building is located on the southeast corner of intersection.
Accessible
- None
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Foundation
- Stone
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
- Hot Water
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Separate
- Yes
- Hot Water Separate
- Yes
CMU Style
- Apartments and Retail
- Yes
Current Use
- Vacant
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Listing Office:
eXp Realty
Last Updated: August - 18 - 2026
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