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    OFF-MARKET
    Gas stations

    728 Central N Ave, Faribault, MN 55021-4312

    1,268 SF 0.12 ac lot Built 1952
    Individually Owned ~ Est. High Equity
    Property ID
    US46-1332713
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Year built 1952
    Total area 1,268 SF
    Lot 0.12 ac (5,280 SF)
    APN 18.30.4.51.052
    UPID US46-1332713
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Vintage Auto & Gas (Bike/Boat/Book/etc) Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Iyad Attaallah
    Iyad Attaallah
    since 2025
    Last sale
    $185,000
    4 recorded transactions
    2025
    $185,000
    2024
    $165,000
    2023
    $90,000
    2020
    $500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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