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    Faribault, MN
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    Faribault, MN Storefront Properties 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
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    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 9 Potential Opportunities for your consideration. Besides 5 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Grocery and Convenience Store
    Downtown Grocery and Convenience Store

    404 Main Street W, New Prague, MN 56071

    $275,000
    0.18 AC lot

    Established liquor store with retail space, rear storage, and parking in downtown New Prague.

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    Coffee Shop With Bakery
    Coffee Shop With Bakery

    410 W State Hwy 60, Elysian, MN 56028

    $699,900

    Sale includes the operating business, equipment, inventory, recipes, and associated real estate.

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    Coffee Shop with Bakery Operation
    Coffee Shop with Bakery Operation

    410 State Highway 60 W, Elysian, MN 56028

    $699,900

    Sale includes the operating business, real estate, fixtures, equipment, recipes, and inventory.

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    Established Convenience Store with Storage
    Established Convenience Store with Storage

    404 Main St W, New Prague, MN 56071

    Contact for pricing

    Operating liquor retail business with a commercial building, rear storage shed, and parking in downtown New Prague.

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    Faribault, MN Storefront Properties Market Trends and Statistics

    Explore 5 storefront 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 $3,233,000.

    Sale prices for retail units 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

    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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