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
| Office | eXp Realty |
|---|
