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Downtown Corner Retail and Residential Building

329 Central Avenue N, Faribault, MN 55021

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For Sale

$299,000

Commercial - Faribault, MN

Lot size:

0.06 Acres

HighLights

Prime downtown location with high visibility and foot traffic, ideal for various business ventures.
Historic building with unique character and potential for revitalization.
Flexible upper level space suitable for apartments, rentals, or a residential loft.
Located near popular attractions like the Paradise Center for the Arts and local restaurants.
Blank canvas main floor ready for customization as a boutique, cafe, or other business.
Garage and attached parking included.

We can help!

Listing Contact

Hailey M. Warner

For Sale

$299,000

Commercial - Faribault, MN

Lot size:

0.06 Acres

Added:: Jan 20, 2026
Days on Market:: 143
Last Refresh:: Jun 12 at 1:06 am

Property Features for 329 Central Avenue N

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Business/Commercial
Parking features: Garage, Garage - Attached
Exterior features: Brick/Stone
Standard status: Active
APN: 1831126294
Lot size: 0.06 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 2908

Utilities

Heating system: Hot Water (Heating)

Building Details

Year built: 1920
Architectural style: Other

We can help!

Listing Contact

Hailey M. Warner

Listing agent Hailey M. Warner

Listing office eXp Realty 4525 White Bear Parkway, White Bear Lake, MN

Listing date Jan 20, 2026

MLS# 7012008 Listing URL

HighLights

Prime downtown location with high visibility and foot traffic, ideal for various business ventures.
Historic building with unique character and potential for revitalization.
Flexible upper level space suitable for apartments, rentals, or a residential loft.
Located near popular attractions like the Paradise Center for the Arts and local restaurants.
Blank canvas main floor ready for customization as a boutique, cafe, or other business.
Garage and attached parking included.

Overview

This downtown corner building offers a flexible mixed-use layout with retail space on the main floor and residential space upstairs. The main level is currently a blank canvas, ready to be finished to match a new tenant’s concept. Upstairs, the property was previously configured as two apartments, giving the upper level a workable setup for multiple living arrangements or an alternative adaptive use.

The building is located at 329 Central Avenue N in Faribault, within the downtown core. Public remarks cite close proximity to Paradise Center for the Arts, the Bachrach Building, the 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and other surrounding storefronts.

For business owners and operators, the main-floor open space can support a variety of retail and service uses, while the existing residential configuration upstairs may appeal to buyers looking to combine street-level business with income-producing or flexible living space. Zoned Business/Commercial, the property is positioned for those seeking an adaptable downtown footprint on a corner.

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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Location Insight

Map
Local Demand

City: Faribault
County: Rice
State: Minnesota
Longitude: -93.268017
Latitude: 44.294616

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For sale
Storefront properties
MN
Faribault
55021
329 Central Avenue N

What type of property is this?

Storefront property - Corner building with ground-floor retail space and an upstairs residential layout in Faribault’s downtown.

Where is this storefront property located?

The property is located at 329 Central Avenue N Faribault, MN.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Prime downtown location with high visibility and foot traffic, ideal for various business ventures.; Historic building with unique character and potential for revitalization.; Flexible upper level space suitable for apartments, rentals, or a residential loft.

329 Central Avenue N, Faribault, MN 55021

Commercial - Faribault, MN

Property Features for 329 Central Avenue N

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Turnkey Auto Repair Gas Station

Historic Seven-Unit Multifamily Residence

Downtown Mixed-Use Property with Parcel Split

Downtown Faribault Office Building Investment

Downtown Retail Building with Loft Space

Downtown Mixed-Use Building Opportunity

Historic Commercial Building in Faribault

Historic Faribault Commercial Building

Prime Office, Retail, Flex Space

Faribault Warehouse with Office Space

Freestanding Building Near Highway 60

Free-Standing Building on Highway 60

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