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    Faribault, MN

    Faribault, MN Commercial Real Estate for Sale

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    10 properties
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    Renovated 9-Unit Mixed-Use Property
    Updated: Aug 31
    Renovated 9-Unit Mixed-Use Property

    14 3rd Street NW, Faribault, MN 55021

    $1,095,000
    0.08 AC lot
    9‑unit configuration with eight apartments and one commercial space
    Eight residential units renovated with updated kitchens, bathrooms, flooring, and finishes
    Commercial space leased through December 2030
    Eight apartments currently vacant for residential lease‑up
    Newer roof with transferable warranty and new fire panel
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    Land Near Kelly Lake
    Updated: May 23, 2025
    Land Near Kelly Lake

    15XXX Shieldsville Blvd, Faribault, MN 55021

    $1,800,000
    73.60 AC lot
    Waterfront property on Kelly Lake
    Development potential for the savvy investor
    Can be subdivided, offering flexibility
    Enjoy the waterfront features
    Located at -93.37203, 44.358135
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    Renovated Mixed-Use Property
    Renovated Mixed-Use Property

    14 3rd St NW, Faribault, MN 55021

    $1,095,000
    3,300 sqft

    Downtown asset combines upgraded apartments with a leased commercial component.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Historic Mixed-Use Building
    Historic Mixed-Use Building

    313 Central Avenue N, Faribault, MN 55021

    $239,000

    Two-level downtown property with an open ground floor and unfinished upper level for future configuration.

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    Historic Corner Mixed-Use Building
    Historic Corner Mixed-Use Building

    329 Central Ave N, Faribault, MN 55021

    $279,000

    Main-floor commercial space is paired with an upper level previously configured as two apartments.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    213 Central Ave N, Faribault, MN 55021

    $409,000

    Commercial space and two furnished apartments are supported by a full basement with garage access.

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    Freestanding Building Near Highway 60
    Freestanding Building Near Highway 60

    1233 Hwy 60, Faribault, MN

    Contact for pricing
    5,625 sqft 0.72 AC lot

    Free-standing building off Lyndale Avenue and Highway 60 in Faribault.

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    Four-Parcel Commercial Land
    Four-Parcel Commercial Land

    2905 2nd NW Avenue, Faribault, MN 55021

    $1,200,000

    Assemblage positioned near Rice County’s new Public Safety Center, with proposed commercial rezoning supported by the seller.

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    Commercial Land Parcel
    Commercial Land Parcel

    1940 30th NW Street, Faribault, MN 55021

    $159,900

    Commercial land positioned near a freeway interchange with convenient highway access.

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    Free-Standing Building on Highway 60
    Free-Standing Building on Highway 60

    1233 MN-60, Faribault, MN 55021

    Contact for pricing
    5,625 sqft

    Free-standing building off Lyndale Avenue and Highway 60.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial and Country Living Mix
    Commercial and Country Living Mix

    2068 Millersburg Blvd W, Dundas, MN 55019

    $875,000
    3,195 sqft 10.00 AC lot

    10-acre property with office, home, and outbuildings near 35W.

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    Flex Space with 18-Foot Ceilings
    Flex Space with 18-Foot Ceilings

    1371 Armstrong Rd, Northfield, MN 55057

    $236,000
    1,352 sqft

    Commercial garage condominium with high-clearance interiors, substantial electrical service, floor drains, and bathroom rough-in.

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    Indoor Athletic Facility
    Indoor Athletic Facility

    901 Cannon Road S, Dundas, MN 55019

    $3,200,000

    Large indoor athletic facility with planned improvements intended to support year-round permitted occupancy.

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    Commercial Land with Highway Access
    Commercial Land with Highway Access

    Outlot Honeylocust, Northfield, MN 55057

    $899,787
    9.27 AC lot

    Water is available, with Target, Cub Foods, restaurants, and an ice arena nearby.

    View details

    Off-Market Properties in Faribault, MN

    Consider similar Off-Market properties in Faribault, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1033 Faribault Rd
    RETAIL STORES (PERSONAL SERVICES)

    1033 Faribault Rd, Faribault, MN 55021-6600

    Estimated value:
    $660,000
    31,200 sqft 1.90 AC lot
    View details
    1620 17th NW St, Unit 1
    RECREATIONAL, ENTERTAINMENT

    1620 17th NW St, Faribault, MN 55021-2839

    Unit 1
    Estimated value:
    $240,000
    5,234 sqft 0.41 AC lot
    View details
    801 4th NW St
    RETAIL STORES (PERSONAL SERVICES)

    801 4th NW St, Faribault, MN 55021

    Estimated value:
    $240,000
    3,408 sqft 0.34 AC lot
    View details
    1400 Autumn Dr
    PROFESSIONAL BUILDING

    1400 Autumn Dr, Faribault, MN 55021-6934

    Estimated value:
    $13,430,000
    974 sqft 7.95 AC lot
    View details
    Faribault, MN 55021
    APARTMENT HOUSE (5+ UNITS)

    Faribault, MN 55021

    Estimated value:
    $255,000
    0.99 AC lot
    View details
    504 4th NW St
    PROFESSIONAL BUILDING

    504 4th NW St, Faribault, MN 55021-5071

    Estimated value:
    $250,000
    936 sqft 0.15 AC lot
    View details
    728 Central N Ave
    SERVICE STATION (FULL SERVICE)

    728 Central N Ave, Faribault, MN 55021-4312

    Estimated value:
    $165,000
    1,268 sqft 0.12 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $270,000
    9.90 AC lot
    View details
    14 3rd NW St
    RETAIL STORES (PERSONAL SERVICES)

    14 3rd NW St, Faribault, MN 55021-5118

    Estimated value:
    $245,000
    3,300 sqft 0.08 AC lot
    View details
    720 4th NW St
    RETAIL STORES (PERSONAL SERVICES)

    720 4th NW St, Faribault, MN 55021-5037

    Estimated value: by Request
    10,880 sqft 1.00 AC lot
    View details
    1001 Division W St
    OFFICE (GENERAL)

    1001 Division W St, Faribault, MN 55021-5783

    Estimated value:
    $240,000
    800 sqft 0.34 AC lot
    View details
    18 2nd NE St
    RETAIL STORES (PERSONAL SERVICES)

    18 2nd NE St, Faribault, MN 55021-5203

    Estimated value:
    $260,000
    546 sqft 0.12 AC lot
    View details
    1501 7th NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1501 7th NW St, Faribault, MN 55021-4640

    Estimated value:
    $410,000
    3,600 sqft 1.30 AC lot
    View details
    311 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    311 Central N Ave, Faribault, MN 55021-5214

    Estimated value:
    $240,000
    1,782 sqft 0.08 AC lot
    View details

    Faribault, MN Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Faribault, MN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $6,276,900.

    Sale prices for business properties in Faribault, MN start at $159,900, averaging $784,612, and reaching up to $1,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    Faribault, MN CRE market trends — vacancy, lease rates and price per SF, updated monthly
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    Demographics Overview

    Population 31K
    Population Growth (5Y) +2.8%
    Median Household Income $70,296
    College Educated 26.6%

    High-Yield Neighborhoods for Investment

    Identify Faribault submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55021 $755.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.31%
    Property Tax per SF $36.07 per SF
    Tax Rate vs County Average 0.12 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Faribault fall within the 100,000+ square foot range.

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