409 Central Avenue N Faribault, MN $ 549,900
409 Central Avenue N
$ 549,900
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409 Central Avenue N

Faribault, MN, 55021
$ 549,900
Baths0.0 Sq 5,712

Monthly Estimate*

$ 3,655

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Studio

Commercial Property for sale in Faribault, MN

for $549,900. This 5,712 square foot building was built in 1920 on a lot size of 0.11.

Great downtown location offers this beautiful space for your business. Newly finished top to bottom. The main area has over 4000 sq. Ft. of open area, 22’ ceilings, 2 restrooms, and a bar area ready for your set up. Two nearly 600 sq. Ft. Lofts at the front and back of the building have endless uses. Add to your business space or use for storage. One can double their investment space and build an interior wall right down the center to make 2 separate spaces. Plenty of foot traffic here as the property is centrally located close to businesses, parks, restaurants and much more.

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Commercial Active

Price

$ 549,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,844

Style

Business,Retail

Lot Size

0.11

Year Built

1920

Town/City

Faribault

County/Region

Rice

MLS | Web ID

6545545

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Heating Common Hot Water Separate
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1920
Levels Two
Property SubType Business Retail
Tax Year 2024
Current Use Commercial Recreational
Accessibility Doors 36 + No Stairs External
County Rice
Property Type Commercial Sale
Contingency None
Subdivision Name Town/Faribault
Directions From Lyndale take Hwy. 60/4th Street NW to Central head North. Property is on your right.
City Faribault
Buyer Agent Compensation 2.50
High School District Faribault
Zoning Description Business/Commercial Industrial
NumberOfUnitsTotal 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5844
Additional Parcels Y/N N
Days on Market 20
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Paved
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.11
Building Area Total 5712
Lot Dimensions 47 x 100
Foundation Area 4600
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Ceiling Height Over 20
Foundation Dimensions 46 x 100
Fuel Natural Gas
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Internal Only
Street Number 1 409
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* Excluded Features
List By
Kubes Realty Inc

Broker

katikor@kubesrealty.com

Email

Affordability Calculator

$4,142
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/31/2024$549,900 Listed Price

Map


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409 Central Avenue N, Faribault, MN, 55021 is a Commercial Property for sale at $549,900 with 5,712 sqft and a lot size of 0.11. 409 Central Avenue N is a studio with 0.0 baths and was built in 1920. The property's zip code is 55021 which is in Faribault, MN