Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    728 Central Ave Faribault, MN 55021

    Sponsored
    For Sale
    $199,900

    Prime Corner Lot Business Opportunity

    Property size:
    1,268 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This 1,268 sq ft commercial property at 728 Central Avenue N, Faribault, MN, presents a unique investment opportunity. Situated on a 0.12-acre corner lot, this solid concrete building boasts a recently installed (2024) rubber roof and heated floors. Previously operating as a full-service gas station, "Vintage Auto and Gas," the property includes two service bays equipped with an air compressor, tire changer, tire balancer, and a new lift. Two gas pumps are in place, and the underground tanks have recently passed inspection and are compliant with all regulations. The building also features a showroom/retail space, offering versatile potential for a variety of businesses. Imagine transforming this space into a motorcycle shop, boutique, coffee shop, or other retail establishment. While recently closed, the existing infrastructure makes reopening as a gas station straightforward. The property's location and existing features provide a strong foundation for a thriving business venture. The asking price is $199,900. This is a rare chance to acquire a well-maintained commercial property with significant upside potential in a desirable location. Don't miss this opportunity to own a piece of Faribault's commercial landscape.

    Property Features for 728 Central Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,268 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Vintage Auto & Gas Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.26878
    Latitude
    44.29906

    Nearby Comparable

    • $2,500,000
      6,000 SF

      Historic Restaurant and Bar Opportunity

      Iconic Minnesota restaurant and bar with strong local clientele.
      311 Heritage Pl, Faribault, MN 55021
      View Details
    • $549,900
      0.23 Acres

      Historic Commercial Building in Faribault

      Historic 11,000+ sq ft commercial building near downtown Faribault, MN.
      222 3Rd Ave NW, Faribault, MN 55021
      View Details
    • $595,000
      11,596 SF

      Historic Downtown Faribault Commercial

      Prime location, versatile space, high potential.
      222 3Rd Ave, Faribault, MN 55021
      View Details
    • $450,000
      4,781 SF

      Faribault 5-Unit Apartment Building

      Historic Charm, Prime Location, Strong Rental Income
      520 Ravine St, Faribault, MN 55021
      View Details
    • $250,000

      Versatile Land Parcel For Sale

      6.4 acres of land zoned TUD with development potential.
      14xx Division St E, Faribault, MN 55021
      View Details
    • Contact for pricing
      257,816 SF

      Faribault Warehouse & Office Space

      Large Warehouse, Office Space Available
      128 15Th St, Faribault, MN 55021
      View Details
    • $1,395,000
      46,075 SF

      Faribault City Block Redevelopment Opportunity

      Historic Multi-Building Campus, 46,075 SF
      112 2Nd Ave, Faribault, MN 55021
      View Details
    • $1,800,000
      1.17 Acres

      Faribault Residential Development Land

      1.17-acre residential lot, prime location.
      818 4Th St, Faribault, MN 55021
      View Details
    • $1,500,000

      Shovel-Ready Development Site Available

      0.989-acre site with permits and plans for 55-unit MFH.
      4th 8Th Ave NW, Faribault, MN 55021
      View Details
    • $1,600,000
      5,625 SF

      Prime Faribault Medical Office Building

      5,625 SF Medical Office - $1.6M
      1233 Mn-60, Faribault, MN 55021
      View Details
    • Contact for pricing
      5,625 SF

      Freestanding Building Near Highway 60

      Free-standing building off Lyndale Avenue and Highway 60 in Faribault.
      1233 Highway 60, Faribault, MN 55021
      View Details
    • $1,000,000
      15,808 SF

      Retail Property in Faribault, MN

      Retail property available for sale in Faribault, Minnesota.
      320 8Th Ave NW, Faribault, MN 55021
      View Details

    Nearby Similar for Sale

    • $549,900
      0.23 Acres

      Historic Commercial Building in Faribault

      Historic 11,000+ sq ft commercial building near downtown Faribault, MN.
      222 3Rd Ave NW, Faribault, MN 55021
      View Details
    • $2,500,000
      6,000 SF

      Historic Restaurant and Bar Opportunity

      Iconic Minnesota restaurant and bar with strong local clientele.
      311 Heritage Pl, Faribault, MN 55021
      View Details
    • Contact for pricing
      5,625 SF

      Freestanding Building Near Highway 60

      Free-standing building off Lyndale Avenue and Highway 60 in Faribault.
      1233 Highway 60, Faribault, MN 55021
      View Details
    • $1,000,000
      15,808 SF

      Retail Property in Faribault, MN

      Retail property available for sale in Faribault, Minnesota.
      320 8Th Ave NW, Faribault, MN 55021
      View Details
    • Contact for pricing
      88,003 SF

      Faribault Office Space - 88,003 SF

      Prime Faribault office/retail, flexible suites.
      201 Lyndale Ave, Faribault, MN 55021
      View Details
    • $1,395,000
      46,075 SF

      Faribault City Block Redevelopment Opportunity

      Historic Multi-Building Campus, 46,075 SF
      112 2Nd Ave, Faribault, MN 55021
      View Details
    • $595,000
      11,596 SF

      Historic Downtown Faribault Commercial

      Prime location, versatile space, high potential.
      222 3Rd Ave, Faribault, MN 55021
      View Details
    • $450,000
      4,781 SF

      Faribault 5-Unit Apartment Building

      Historic Charm, Prime Location, Strong Rental Income
      520 Ravine St, Faribault, MN 55021
      View Details
    • Contact for pricing
      257,816 SF

      Faribault Warehouse & Office Space

      Large Warehouse, Office Space Available
      128 15Th St, Faribault, MN 55021
      View Details
    • $1,600,000
      5,625 SF

      Prime Faribault Medical Office Building

      5,625 SF Medical Office - $1.6M
      1233 Mn-60, Faribault, MN 55021
      View Details
    • $194,900
      1,200 SF

      739 Willow St, Faribault, MN 55021

      Commercial real estate • 1,200 SF
      739 Willow St, Faribault, MN 55021
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Corner Lot Business Opportunity
    Where is this commercial real estate located?
    The property is located at 728 Central Ave Faribault, MN.
    What is the asking price?
    The asking price for this property is $199,900.
    (952) 758-4464
    Request Owner's contact information
    728 Central Ave Faribault, MN 55021
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    728 Central Ave
    Faribault, MN 55021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    728 Central Ave Faribault, MN 55021
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.