Downtown Retail Building with
For Sale
$399,900
409 Central Avenue N, Faribault, MN 55021
Newly finished retail building features a large open area, high ceilings, two restrooms, bar area, and two lofts.
Property Size5,800 SF
Days on Market153
Property Features for 409 Central Avenue N
General Information
Standard status
Active
Size
5,800 SF
Property subtype
Commercial
Zoning
Business/Commercial
Additional Details
Clear Height
22 ft
Taxes and HOA fees
Annual Taxes
$6,908
Amenities
bar area
Building Details
Building Size
5,800 SF
Year Built
1920
Stories
2
Units
1
Listing Agency:
AXEN Realty
(952) 237-6128
Listed By:
Kati Kor
(952) 237-6128
Source:
Ivyrealestategroup
Added: Mar 25
Changed: Aug 23
Last Checked: Aug 23 at 6:25AM
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 AXEN Realty
Investment Insights
Based on property information with market context.
This newly finished retail building offers a large main open area with 22-foot ceilings, two restrooms, and a bar area suitable for tenant build-out. Two nearly 600-square-foot loft spaces are located at the front and back of the building, providing flexible space that can be used as additional business area or for storage.
The property is described as being in a downtown setting with central access to nearby businesses, parks, and restaurants, supporting retail-oriented foot traffic.
The building is already equipped to provide for two separate spaces, including the ability to create two units by building an interior wall down the center.
The property is described as being in a downtown setting with central access to nearby businesses, parks, and restaurants, supporting retail-oriented foot traffic.
The building is already equipped to provide for two separate spaces, including the ability to create two units by building an interior wall down the center.
Key Highlights
- Newly finished retail building with a main open area over 4,000 SF and 22’ ceilings
- Includes 2 restrooms and a bar area ready for setup
- Two nearly 600 SF loft spaces at the front and back of the building
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
Location Intelligence
Trade Area within ½ mile
876
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
0.1 miles
Wells Fargo
Shops & Services
5,174 visits/mo
0.1 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Newly finished retail building features a large open area, high ceilings, two restrooms, bar area, and two lofts.
Where is this retail space located?
The property is located at 409 Central Avenue N Faribault, MN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Newly finished retail building with a main open area over 4,000 SF and 22’ ceilings; Includes 2 restrooms and a bar area ready for setup; Two nearly 600 SF loft spaces at the front and back of the building
