Historic Mixed-Use
For Sale
$239,000
313 Central Avenue N, Faribault, MN 55021
Two-level downtown property with an open ground floor and unfinished upper level for future configuration.
Property SizeContact for details
Days on Market11
Property Features for 313 Central Avenue N
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1916
Buildings
1
Stories
2
Listing Agency:
eXp Realty
(612) 445-4981
Listed By:
Hailey Warner · License #NST499500276
Source:
Thehomgroup
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 25 at 3:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty
Investment Insights
Based on property information with market context.
Constructed in 1916, this two-story mixed-use building occupies a full-building footprint in Faribault’s historic downtown. The ground floor is currently open, providing a flexible interior for a future commercial layout. The upper level has been fully stripped back, allowing a new plan to be developed within the existing structure.
The property is located at 313 Central Avenue N in downtown Faribault, with entrances available from both the front and rear. Its prior use as a coffee shop is part of the building’s history, while the current condition provides a blank starting point for redevelopment across both levels.
The property is located at 313 Central Avenue N in downtown Faribault, with entrances available from both the front and rear. Its prior use as a coffee shop is part of the building’s history, while the current condition provides a blank starting point for redevelopment across both levels.
Key Highlights
- 1916‑built mixed‑use building in Faribault’s historic downtown
- Two‑story, full‑building property with front and rear access
- Open ground‑floor interior ready for a new commercial layout
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
89k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 33%
Groceries 19%
Home Improvements & Furnishings 8%
McDonald's
Dining
24,694 visits/mo
0.4 miles
Kwik Trip
Shops & Services
19,092 visits/mo
0.4 miles
Fareway
Groceries
16,517 visits/mo
0.2 miles
Faribault Ace Hardware
Home Improvements & Furnishings
6,819 visits/mo
0.2 miles
Wells Fargo
Shops & Services
5,174 visits/mo
0.2 miles
Demographics for 55021, MN
30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level downtown property with an open ground floor and unfinished upper level for future configuration.
Where is this mixed-use property located?
The property is located at 313 Central Avenue N Faribault, MN.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1916‑built mixed‑use building in Faribault’s historic downtown; Two‑story, full‑building property with front and rear access; Open ground‑floor interior ready for a new commercial layout
