728 Central N Ave, Faribault, MN 55021-4312
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.
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Vintage Auto & Gas (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.