Faribault, MN
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    Faribault, MN Storefront Properties for Sale

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    Medford, MN Morristown, MN Dundas, MN
    Downtown Corner Retail and Residential Building
    $299,000
    0.06 Acres
    Downtown Corner Retail and Residential Building

    329 Central Avenue N, Faribault, MN 55021

    Corner building with ground-floor retail space and an upstairs residential layout in Faribault’s downtown.
    • Prime downtown location with high visibility and foot traffic, ideal for various business ventures.
    • Historic building with unique character and potential for revitalization.
    • Flexible upper level space suitable for apartments, rentals, or a residential loft.
    • Located near popular attractions like the Paradise Center for the Arts and local restaurants.
    • Blank canvas main floor ready for customization as a boutique, cafe, or other business.
    Updated: Jan 20
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    Downtown Retail Building with Loft Space
    $260,000
    0.08 Acres
    Downtown Retail Building with Loft Space

    313 Central Avenue N, Faribault, MN 55021

    Full-building opportunity with an open main level and a gutted second level ready for custom finishes.
    • Prime downtown location on Faribault's historic Main Street with high foot traffic and visibility.
    • Full‑building opportunity offering a blank slate for various commercial or residential uses.
    • Main level suitable for storefront, restaurant, boutique, or gallery.
    • Second level gutted and ready for custom finishes as apartments or a loft.
    • Dual access to the second level from the front or back of the building.
    Updated: Jan 20
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Faribault, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Renovated Downtown Retail Building
    $110,000
    0.02 Acres
    Renovated Downtown Retail Building

    Renovated downtown building currently operating as a hair salon with flexible space for styling services.

    25 S Park Avenue, Le Center, MN 56057

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    Prime Retail Storefront Opportunity
    $349,000
    Prime Retail Storefront Opportunity

    A well-appointed storefront with generous glazing and adaptable interior design for immediate retail activation.

    207 South Minnesota Avenue, Saint Peter, MN 56082

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    Street Retail and Upper-Floor Apartments
    $995,000
    6,240 SF
    Street Retail and Upper-Floor Apartments

    Multi-tenant street retail with prominent glazing and on-site parking, plus four upper-floor apartments for added income.

    201-205 S Minnesota Ave, Saint Peter, MN 56082

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    Renovated Retail Salon Building
    Contact for pricing
    0.02 Acres
    Renovated Retail Salon Building

    Completely renovated storefront with salon setup and fixtures, offered with the land for flexible business use.

    25 S Park Avenue, Le Center, MN 56057

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    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.

    Prime Commercial Land in Lakeville
    $1,120,000
    1.83 Acres
    Prime Commercial Land in Lakeville

    1.83 acre commercial land with high visibility in Lakeville.

    20830 Keokuk Avenue, Lakeville, MN 55044

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    Commercial Land Near Retail Hub
    Contact for pricing
    Commercial Land Near Retail Hub

    Land available in high-traffic area near major retailers.

    1770 Premier Drive, Mankato, MN 56001

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    Prime Commercial Outlot Opportunity
    $300,000
    0.75 Acres
    Prime Commercial Outlot Opportunity

    Strategically located 0.75-acre commercial outlot with high traffic exposure.

    Premier Drive, Mankato, MN 56001

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    Mankato Commercial Land For Sale
    $165,000
    1.08 Acres
    Mankato Commercial Land For Sale

    Accessible 1.083 acre lot suitable for various businesses.

    1763 Bassett Drive, Mankato, MN 56001

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    Faribault, MN Storefront Properties Investment Opportunities Market Analysis

    Explore 2 storefront properties for sale in Faribault, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $559,000.

    Sale prices for retail units in Faribault, MN start at $260,000, averaging $279,500, and reaching up to $299,000 — 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 2

    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 $279.5K

    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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