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    Faribault, MN
    Mixed-Use

    Faribault, MN Mixed-use Properties for Sale

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    Medford, MN Morristown, MN Dundas, MN Lonsdale, MN Northfield, MN Owatonna, MN Prior Lake, MN Kilkenny, MN
    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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    Renovated Mixed-Use Property
    Updated: Sep 5
    Renovated Mixed-Use Property

    14 3rd St NW, Faribault, MN 55021

    $1,095,000
    3,300 sqft
    9‑unit mixed‑use property with 8 renovated apartments and 1 commercial space
    Renovated kitchens, bathrooms, flooring, finishes, and electric baseboard heat in the apartments
    Commercial space leased through December 2030
    Newer roof with transferable warranty and new fire panel
    Eight residential units are vacant for lease‑up
    View details
    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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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 5 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    03-307-309 2nd Street NW, Waseca, MN 56093

    $525,000
    0.54 AC lot

    Combination of occupied apartments and self-storage units supports two established commercial uses.

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    Mixed-Use Property with Outbuildings
    Mixed-Use Property with Outbuildings

    196 Main Street W, Elysian, MN 56028

    $404,900
    0.21 AC lot

    Two apartments and a renovated office provide multiple occupancy configurations with dedicated parking and supplemental storage buildings.

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    Mixed-Use Property with Outbuildings
    Mixed-Use Property with Outbuildings

    196 Main St W, Elysian, MN 56028

    $404,900

    Main Street property combines two apartments, an office suite, and powered auxiliary buildings for varied income-producing use.

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    Mixed-Use Property with Storage
    Mixed-Use Property with Storage

    307-309 2nd Street Northwest, Waseca, MN 56093

    Contact for pricing

    The nine apartments are fully occupied, and tenants pay their own heat and electric.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Highway-Front Commercial Land Parcel
    Highway-Front Commercial Land Parcel

    Hwy 57, Mantorville, MN 55955

    $1,199,000
    40.00 AC lot

    Annexed commercial land along State Highway 57 with city water, sewer, and electricity available for development.

    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.

    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $270,000
    9.90 AC lot
    View details
    19610 Roberds Lk Blvd
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    19610 Roberds Lk Blvd, Faribault, MN 55021

    Estimated value:
    $50,000
    1,500 sqft 0.28 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $2,900,000
    1.08 AC lot
    View details
    1425 4th NW St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1425 4th NW St, Faribault, MN 55021-4935

    Estimated value:
    $110,000
    1,141 sqft 0.23 AC lot
    View details
    3505 Kenyon Blvd
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    3505 Kenyon Blvd, Faribault, MN 55021

    Estimated value:
    $505,000
    6,408 sqft 3.00 AC lot
    View details
    302 1st NW Ave
    OFFICE/RESIDENTIAL (MIXED USE)

    302 1st NW Ave, Faribault, MN 55021-5137

    Estimated value:
    $240,000
    1,564 sqft 0.04 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $590,000
    10.80 AC lot
    View details
    1951 Cardinal Ln
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    1951 Cardinal Ln, Faribault, MN 55021-4348

    Estimated value:
    $235,000
    0.60 AC lot
    View details
    128 4th NW St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    128 4th NW St, Faribault, MN 55021-5101

    Estimated value:
    $390,000
    0.13 AC lot
    View details
    924 1st NE St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    924 1st NE St, Faribault, MN 55021-5441

    Estimated value:
    $670,000
    8,264 sqft 1.90 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $670,000
    0.72 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $565,000
    0.17 AC lot
    View details
    16th NW St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    16th NW St, Faribault, MN 55021

    Estimated value:
    $3,690,000
    4,800 sqft 1.18 AC lot
    View details
    2300 Airtech Dr
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    2300 Airtech Dr, Faribault, MN 55021-2705

    Estimated value:
    $270,000
    1,800 sqft 22.30 AC lot
    View details
    400 Western NW Ave
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    400 Western NW Ave, Faribault, MN 55021-4525

    Estimated value:
    $75,000
    0.59 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $50,000
    1.82 AC lot
    View details
    201 Willow St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    201 Willow St, Faribault, MN 55021-6242

    Estimated value:
    $90,000
    1,440 sqft 0.18 AC lot
    View details
    Faribault, MN 55021
    MIXED USE (COMMERCIAL/INDUSTRIAL)

    Faribault, MN 55021

    Estimated value:
    $1,575,000
    0.06 AC lot
    View details
    1620 17th NW St
    MIXED USE (COMMERCIAL/INDUSTRIAL)

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

    Estimated value:
    $1,990,000
    0.92 AC lot
    View details

    Faribault, MN Mixed-Use Properties Market Trends and Statistics

    Explore 72 mixed-use properties for sale in Faribault, MN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 3,300 square feet of properties for sale, with an estimated market value of $3,117,000.

    Sale prices for multi use buildings in Faribault, MN start at $239,000, averaging $623,400, and reaching up to $1,095,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 $607K

    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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