Storefront

Faribault, MN Storefront Properties for Sale

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Medford, MN Morristown, MN Dundas, MN Lonsdale, MN Northfield, MN Owatonna, MN Kilkenny, MN Montgomery, MN
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
Updated: Aug 19
Historic Mixed-Use Building

313 Central Avenue N, Faribault, MN 55021

$239,000
1916‑built mixed‑use building in Faribault’s historic downtown
Two‑story, full‑building property with front and rear access
Open ground‑floor interior ready for a new commercial layout
Upper level fully gutted for reconfiguration
Located at 313 Central Avenue N
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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 7 Potential Opportunities for your consideration. Besides 3 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.

Liquor Store with Storage Shed
Liquor Store with Storage Shed

404 Main Street W, New Prague, MN 56071

$275,000
0.18 AC lot

The sale combines an operating retail business with its commercial building and rear parking.

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Single-Story Retail Storefront
Single-Story Retail Storefront

107 E Main Street, Elysian, MN 56028

$219,900

An open sales area is paired with a separate office and half bath.

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Single-Level Storefront Building
Single-Level Storefront Building

107 Main Street E, Elysian, MN 56028

$219,900

An open retail area is complemented by a private office and half bath.

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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 3 storefront properties for sale in Faribault, MN, showcased through 3 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 $1,613,000.

Sale prices for retail units in Faribault, MN start at $239,000, averaging $537,666, 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 3
Auto shops 2
Automotive properties 2
Gas stations 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 $646.6K

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%

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