301 Central, Faribault, MN
$525,000
4,727
Square feet
About 301 Central
Downtown Faribault investment opportunity: mixed-use property. Discover this exceptional investment opportunity in the vibrant heart of downtown Faribault, an emerging destination just 35 minutes south of the Twin Cities with convenient access to I-35. Positioned in a high-visibility location in one of Minnesota's growing small-towns, whether you're an investor, a contractor with vision, or an entrepreneur looking for your next venture, this property offers the flexibility to meet a variety of goals perfect for tapping into the area’s rising rental demand. Zoned and situated to support mixed-use development, the property is ideal for anyone looking to contribute to Faribault’s dynamic downtown revitalization. The building is currently undergoing a parcel split, which will be completed prior to closing, ensuring a smooth path forward for the next owner. Just steps from the new Viaduct Park development—an exciting public space featuring splash pads, a winter ice rink, and future family-friendly attractions—this location is surrounded by popular restaurants, retail shops, and ongoing community enhancements. Whether you're growing your investment portfolio, launching a new business, or reimagining the space for residential income, this is a rare opportunity to plant roots in a town on the rise. Properties with this kind of potential—and prime location—don’t come around often. Schedule your showing today and explore the possibilities!
Features of 301 Central
MLS® # | 6704867 |
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Price | $525,000 |
Square Footage | 4,727 |
Acres | 0.00 |
Year Built | 1920 |
Type | Commercial |
Status | Active |
Contingency Type | None |
Community Information
Address | 301 Central |
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City | Faribault |
County | Rice |
State | MN |
Zip Code | 55021 |
Amenities
# of Garages | 1 |
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Garages | Attached Garage, Unassigned |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Fireplace | No |
Has Basement | No |
Exterior
Construction | Brick/Stone |
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School Information
District | Faribault |
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Additional Information
Zoning | Business/Commercial |
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Foreclosure | No |
Short Sale | No |
Taxes | $7,772 |
Tax Year | 2025 |
Office | eXp Realty |
Listing Details
Office | eXp Realty |
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