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
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
City Faribault
County Rice
State MN
Zip Code 55021

Amenities

# of Garages 1
Garages Attached Garage, Unassigned
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No
Has Basement No

Exterior

Construction Brick/Stone

School Information

District Faribault

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $7,772
Tax Year 2025
Office eXp Realty

Listing Details

OfficeeXp Realty

Interested in this property?

Request Showing

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?