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    Faribault, MN
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    Faribault, MN Retail Properties & Spaces for Sale

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    Warsaw, MN Medford, MN Morristown, MN Dundas, MN Lonsdale, MN Northfield, MN Owatonna, MN Prior Lake, 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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Property
    Downtown Mixed-Use Property

    301 Central Ave N, Faribault, MN 55021

    $525,000

    Mixed-use zoning supports a range of commercial and residential redevelopment possibilities in downtown Faribault.

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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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    Based on your search, we've compiled 80 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 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.

    Retail/Office Space on Highway 3
    Retail/Office Space on Highway 3

    660 Professional Drive, Northfield, MN 55057

    Contact for pricing
    1,100 sqft

    Prime retail/office space with high visibility and traffic.

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    Freestanding Pharmacy with Drive-Through
    Freestanding Pharmacy with Drive-Through

    223 State St N, Waseca, MN 56093

    $885,000

    Single-tenant healthcare retail building with on-site parking and a prominent corner position.

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    Versatile Retail/Cultivation/Manufacturing Facility
    Versatile Retail/Cultivation/Manufacturing Facility

    1230 N State St, Waseca, MN

    Contact for pricing
    43,693 sqft 7.54 AC lot

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

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    Dollar General Retail Space
    Dollar General Retail Space

    930 Highway 3 North, Northfield, MN 55057

    Contact for pricing

    Retail space along Highway 3 North near Walgreens, Target, and other retailers.

    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.

    Commercial Land with Water Available
    Commercial Land with Water Available

    160 26th Street NW, Owatonna, MN 55060

    $150,000
    0.69 AC lot

    Commercial parcel on the northwest edge of town with water available at the site.

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    Commercial Land with Water Available
    Commercial Land with Water Available

    NE LandMark Drive NE, Owatonna, MN 55060

    $100,000
    0.91 AC lot

    Parcel within North Bluff Estates, positioned for commercial development in Owatonna.

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    Commercial Land Parcel
    Commercial Land Parcel

    LandMark Drive NE, Owatonna, MN 55060

    $250,000
    1.83 AC lot

    Commercial development site with water available.

    View details
    Owatonna Land for Business Growth
    Owatonna Land for Business Growth

    NW 26th Street, Owatonna, MN 55060

    $4,000,000
    78.77 AC lot

    78.77 acres suitable for business or agricultural 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.

    1033 Faribault Rd
    RETAIL STORES (PERSONAL SERVICES)

    1033 Faribault Rd, Faribault, MN 55021-6600

    $660,000
    Estimated value
    31,200 sqft 1.90 AC lot
    View details
    801 4th NW St
    RETAIL STORES (PERSONAL SERVICES)

    801 4th NW St, Faribault, MN 55021

    $240,000
    Estimated value
    3,408 sqft 0.34 AC lot
    View details
    728 Central N Ave
    SERVICE STATION (FULL SERVICE)

    728 Central N Ave, Faribault, MN 55021-4312

    $165,000
    Estimated value
    1,268 sqft 0.12 AC lot
    View details
    14 3rd NW St
    RETAIL STORES (PERSONAL SERVICES)

    14 3rd NW St, Faribault, MN 55021-5118

    $245,000
    Estimated value
    3,300 sqft 0.08 AC lot
    View details
    720 4th NW St
    RETAIL STORES (PERSONAL SERVICES)

    720 4th NW St, Faribault, MN 55021-5037

    Value Estimation by Request
    10,880 sqft 1.00 AC lot
    View details
    18 2nd NE St
    RETAIL STORES (PERSONAL SERVICES)

    18 2nd NE St, Faribault, MN 55021-5203

    $260,000
    Estimated value
    546 sqft 0.12 AC lot
    View details
    1501 7th NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $410,000
    Estimated value
    3,600 sqft 1.30 AC lot
    View details
    311 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    311 Central N Ave, Faribault, MN 55021-5214

    $240,000
    Estimated value
    1,782 sqft 0.08 AC lot
    View details
    227 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    227 Central N Ave, Faribault, MN 55021-5212

    $240,000
    Estimated value
    1,760 sqft 0.08 AC lot
    View details
    301 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    301 Central N Ave, Faribault, MN 55021-5214

    $260,000
    Estimated value
    6,110 sqft 0.25 AC lot
    View details
    329 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    329 Central N Ave, Faribault, MN 55021-5214

    $245,000
    Estimated value
    1,749 sqft 0.06 AC lot
    View details
    505 Central N Ave
    SERVICE STATION (FULL SERVICE)

    505 Central N Ave, Faribault, MN 55021-4322

    $240,000
    Estimated value
    1,601 sqft 0.15 AC lot
    View details
    229 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    229 Central N Ave, Faribault, MN 55021-5212

    $240,000
    Estimated value
    2,325 sqft 0.08 AC lot
    View details
    2921 Lavender Pkwy, Unit 2
    RETAIL STORES (PERSONAL SERVICES)

    2921 Lavender Pkwy, Faribault, MN 55021-9205

    Unit 2
    $490,000
    Estimated value
    2,546 sqft 0.30 AC lot
    View details
    1112 2nd NW Ave
    CONVENIENCE STORE

    1112 2nd NW Ave, Faribault, MN 55021-3716

    $275,000
    Estimated value
    2,380 sqft 0.75 AC lot
    View details
    1431 4th NW St
    DRIVE-THRU RESTAURANT, FAST FOOD

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

    $445,000
    Estimated value
    1,595 sqft 0.51 AC lot
    View details
    533 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    533 Central N Ave, Faribault, MN 55021-4322

    $235,000
    Estimated value
    3,030 sqft 0.16 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
    314 Central N Ave
    RETAIL STORES (PERSONAL SERVICES)

    314 Central N Ave, Faribault, MN 55021-5215

    $2,305,000
    Estimated value
    1,210 sqft 0.08 AC lot
    View details

    Faribault, MN Retail Properties & Spaces Market Trends and Statistics

    Explore 72 retail properties & spaces 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 $3,233,000.

    Sale prices for stores in Faribault, MN start at $239,000, averaging $646,600, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 5
    Shopping centers 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 $347.7K

    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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