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301 Central Ave, Faribault, MN 55021
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Transportation
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$525,000
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Home Details for 301 Central Ave
Price
$525,000
Type
Commercial/Industrial
Year Build
1920
County
Rice
Garage
1
Tax
$7,772
MLS®️ Listing#
6704867
On exitrealty.com
170 days
Property Description
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!
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- Heating Information
- Natural Gas
- Forced Air
- Parking
- Unassigned
- Attached
- Water Features
- Public
Listing Courtesy: eXp Realty - 320-500-4397
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$525,000
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