329 Central Avenue N Faribault, MN $ 279,000
329 Central Avenue N
$ 279,000
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329 Central Avenue N

Faribault, MN, 55021
$ 279,000
Bedrooms-- Baths--

Monthly Estimate*

$ 1,927

329 Central Avenue N, Faribault, MN 55021 - Image 1
329 Central Avenue N, Faribault, MN 55021 - Image 2
329 Central Avenue N, Faribault, MN 55021 - Image 3
329 Central Avenue N, Faribault, MN 55021 - Image 4
329 Central Avenue N, Faribault, MN 55021 - Image 5
329 Central Avenue N, Faribault, MN 55021 - Image 6
329 Central Avenue N, Faribault, MN 55021 - Image 7

Commercial Property for sale in Faribault, MN

for $279,000. This building was built in 1920 on a lot size of 0.055.

You can’t miss this one! Sitting proudly on a prominent corner along Central Avenue, this historic downtown building has the kind of presence that naturally welcomes people into the heart of Faribault. With windows, visibility, and exposure from the main downtown corridor, it’s a property that gets noticed, and one that is ready to become part of the energy happening downtown. Surrounded by destinations like the Paradise Center for the Arts, the Bachrach Building, 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and an eclectic mix of locally owned businesses, this location puts you right in the middle of it all. Once home to a beloved flower shop, the main floor is filled with character and ready for a fresh vision. Its highly visible corner location creates an inviting presence for a boutique, café, salon, studio, gallery, office, retail concept, or gathering space. Whatever comes next, this is a building made to welcome people through its doors. Upstairs, even more opportunity awaits. Previously configured as two apartments, the upper level offers flexibility for future residential use-whether reimagined as apartments, rentals, or a one-of-a-kind downtown residence. There’s something special about a corner building. It doesn’t just sit on the block-it helps define it. For an entrepreneur, investor, or creative visionary looking to make their mark downtown, this is an opportunity to own a piece of Faribault history in a location that truly stands out. A beloved past. A front-and-center location. And so much possibility for what comes next. This downtown beauty is ready to bloom again!

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Commercial Active

Price

$ 279,000

Property Type

Commercial

Taxes

$ 2,904

Style

Lot Size

0.055

Year Built

1920

Town/City

Faribault

County/Region

Rice

MLS | Web ID

7129070

Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 1
Year Built 1920
Tax Year 2026
Current Use Vacant
Accessibility None
County Rice
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name City/Faribault
Directions From intersection of Highways 21 and 60 travel east on Highway 60 to the intersection of Central Avenue. Building is located on the southeast corner of intersection.
City Faribault
High School District Faribault
Zoning Description Business/Commercial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 2904
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Attached Garage
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.055
Lot Dimensions 22x150
Waterfront Y/N N
Foundation Area 1749
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 329
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* Excluded Features
List By
Exp Realty

Broker

hailey.warnergroup@gmail.com

Email

Affordability Calculator

$2,169
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,927
Monthly Property Taxes
$242
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2026$279,000 Listed Price

Map


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329 Central Avenue N, Faribault, MN, 55021 is a Commercial Property for sale at $279,000 with a lot size of 0.055. 329 Central Avenue N was built in 1920. The property's zip code is 55021 which is in Faribault, MN