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    Historic Faribault Commercial Building
    Updated: Jan 28, 2025
    Historic Faribault Commercial Building

    222 3rd NW Avenue, Faribault, MN 55021

    $549,900
    11,000 sqft · 0.23 AC lot
    Rare historic all‑brick commercial building with over 11,000 sq ft.
    Prime location: one block from city and county government buildings in downtown Faribault.
    Main level is easily accessible with no stairs.
    Features a gymnasium with performance stage.
    Three full kitchens throughout the building.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 1 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 4 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.

    Owatonna Restaurant Investment Opportunity
    Owatonna Restaurant Investment Opportunity

    4355 W Frontage Rd |, Owatonna, MN 55060

    $1,195,000
    6,079 sqft

    Restaurant property for sale with existing lease through November 2026.

    View details
    Versatile Retail/Cultivation/Manufacturing Facility
    Versatile Retail/Cultivation/Manufacturing Facility

    1230 N State St, Waseca, MN

    $3,850,000
    43,693 sqft · 7.54 AC lot

    Adaptable space ideal for retail, cultivation, food manufacturing, and cold storage.

    View details
    Turnkey Restaurant and Bar Opportunity
    Turnkey Restaurant and Bar Opportunity

    406 9th St NE, Waseca, MN

    $675,000
    4,564 sqft · 0.30 AC lot

    Established restaurant and bar with loyal customer base and lake views.

    View details
    Brew Pub Opportunity
    Brew Pub Opportunity

    131 W Broadway St, Owatonna, MN

    Contact for pricing
    7,569 sqft · 0.10 AC lot

    Second-generation brew pub with equipment and expansion potential.

    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.

    Lakeville Commercial Land Parcel
    Lakeville Commercial Land Parcel

    199XX Idealic Ave, Lakeville, MN 55044

    $440,000
    1.18 AC lot

    1.18 acre commercial land in a growing area.

    View details
    Land For Sale
    Land For Sale

    1X Credit River Road, Prior Lake, MN 55372

    $575,000

    Land available in front of Culvers at 5471 Credit River Road.

    View details
    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1770 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land available in high-traffic area near major retailers.

    View details
    Commercial Land Near Retail Hub
    Commercial Land Near Retail Hub

    1780 Premier Drive, Mankato, MN 56001

    Contact for pricing

    Land available in high-traffic area near major retailers.

    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.

    1501 7th NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1501 7th NW St, Faribault, MN 55021-4640

    Value Estimation by Request
    3,600 sqft · 1.30 AC lot
    View details
    1431 4th NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    1431 4th NW St, Faribault, MN 55021-4935

    Value Estimation by Request
    1,595 sqft · 0.51 AC lot
    View details
    1802 4th NW St
    BAR, TAVERN

    1802 4th NW St, Faribault, MN 55021-4815

    $620,000
    Estimated value
    1,798 sqft · 3.10 AC lot
    View details
    20 3rd NW St
    BAR, TAVERN

    20 3rd NW St, Faribault, MN 55021-5118

    Value Estimation by Request
    2,103 sqft · 0.07 AC lot
    View details
    333 Western NW Ave
    RESTAURANT

    333 Western NW Ave, Faribault, MN 55021-4594

    $515,000
    Estimated value
    5,250 sqft · 1.58 AC lot
    View details
    125 1st NE Ave
    RESTAURANT

    125 1st NE Ave, Faribault, MN 55021-5381

    $940,000
    Estimated value
    6,815 sqft · 1.34 AC lot
    View details
    24 4th NW St
    RESTAURANT

    24 4th NW St, Faribault, MN 55021-5177

    $585,000
    Estimated value
    3,421 sqft · 0.12 AC lot
    View details
    106 4th NW St
    RESTAURANT

    106 4th NW St, Faribault, MN 55021-5101

    Value Estimation by Request
    979 sqft · 0.08 AC lot
    View details
    127 Central N Ave
    RESTAURANT

    127 Central N Ave, Faribault, MN 55021-5210

    Value Estimation by Request
    4,450 sqft · 0.37 AC lot
    View details
    28 3rd NW St
    BAR, TAVERN

    28 3rd NW St, Faribault, MN 55021-5118

    Value Estimation by Request
    3,631 sqft · 0.20 AC lot
    View details
    1410 Hwy 60th W
    DRIVE-THRU RESTAURANT, FAST FOOD

    1410 Hwy 60th W, Faribault, MN 55021-4900

    $1,310,000
    Estimated value
    2,724 sqft · 0.95 AC lot
    View details
    2270 Grant NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

    2270 Grant NW St, Faribault, MN 55021

    $630,000
    Estimated value
    2,071 sqft · 0.43 AC lot
    View details
    Faribault, MN 55021
    RESTAURANT

    Faribault, MN 55021

    Value Estimation by Request
    289 sqft · 0.15 AC lot
    View details
    108 4th NW St
    RESTAURANT

    108 4th NW St, Faribault, MN 55021-5101

    Value Estimation by Request
    1,001 sqft · 0.16 AC lot
    View details
    1940 Cardinal Ln
    DRIVE-THRU RESTAURANT, FAST FOOD

    1940 Cardinal Ln, Faribault, MN 55021-7384

    Value Estimation by Request
    2,385 sqft · 1.22 AC lot
    View details
    951 Faribault Rd
    RESTAURANT

    951 Faribault Rd, Faribault, MN 55021-6664

    Value Estimation by Request
    2,081 sqft · 0.59 AC lot
    View details
    1525 Division W St
    BAR, TAVERN

    1525 Division W St, Faribault, MN 55021-5615

    Value Estimation by Request
    2,250 sqft · 2.00 AC lot
    View details
    31 3rd NE St
    RESTAURANT

    31 3rd NE St, Faribault, MN 55021-5205

    Value Estimation by Request
    5,200 sqft
    View details
    31 3rd NE St
    BAR, TAVERN

    31 3rd NE St, Faribault, MN 55021-5205

    Value Estimation by Request
    5,200 sqft
    View details
    429 Central N Ave
    BAR, TAVERN

    429 Central N Ave, Faribault, MN 55021-5216

    Value Estimation by Request
    5,863 sqft · 0.30 AC lot
    View details
    508 Central N Ave
    RESTAURANT

    508 Central N Ave, Faribault, MN 55021-4304

    Value Estimation by Request
    480 sqft · 0.16 AC lot
    View details
    201 Central N Ave
    RESTAURANT

    201 Central N Ave, Faribault, MN 55021-5212

    Value Estimation by Request
    1,760 sqft · 0.05 AC lot
    View details
    203 Central N Ave
    RESTAURANT

    203 Central N Ave, Faribault, MN 55021

    Value Estimation by Request
    1,760 sqft · 0.05 AC lot
    View details

    Faribault, MN Restaurants Market Trends and Statistics

    Explore 38 restaurants for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 11,000 square feet of properties for sale, with an estimated market value of $549,900.

    Sale prices for restaurant properties in Faribault, MN start at $549,900, averaging $549,900, and reaching up to $549,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial kitchens 1

    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 $549.9K

    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%

    Listings Trend

    New vs delisted commercial listings in Rice County

    New Delisted

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