301 Central, Faribault, MN

$525,000

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About 301 Central

Downtown Faribault investment opportunity: mixed-use property. Discover this exceptional investment opportunity in the vibrant heart of downtown Faribault, an emerging destination just 35 minutes south of the Twin Cities with convenient access to I-35. Positioned in a high-visibility location in one of Minnesota's growing small-towns, whether you're an investor, a contractor with vision, or an entrepreneur looking for your next venture, this property offers the flexibility to meet a variety of goals perfect for tapping into the area’s rising rental demand. Zoned and situated to support mixed-use development, the property is ideal for anyone looking to contribute to Faribault’s dynamic downtown revitalization. The building is currently undergoing a parcel split, which will be completed prior to closing, ensuring a smooth path forward for the next owner. Just steps from the new Viaduct Park development—an exciting public space featuring splash pads, a winter ice rink, and future family-friendly attractions—this location is surrounded by popular restaurants, retail shops, and ongoing community enhancements. Whether you're growing your investment portfolio, launching a new business, or reimagining the space for residential income, this is a rare opportunity to plant roots in a town on the rise. Properties with this kind of potential—and prime location—don’t come around often. Schedule your showing today and explore the possibilities!

Features of 301 Central

MLS® # 6704867
Price $525,000
Bathrooms 0.00
Acres 0.00
Year Built 1920
Type Commercial Sale
Status Active

Community Information

Address 301 Central
City Faribault
County Rice
State MN
Zip Code 55021

Amenities

# of Garages 1
Garages Attached Garage, Unassigned
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Construction Brick/Stone

School Information

District Faribault

Additional Information

Days on Market 145
Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $7,772

Listing Details

OfficeeXp Realty

Listing Map

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