Map
Listed price in listed location currency (USD).
$369,000

000

MLS® 6787785

Overview

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees 
Taxes $5,706
Days Active 159
Approx. Age 1910
MLS® Number 6787785

Property Address: 508 Central Ave N, Faribault, MN, 55021-4304

Average square foot calculated using Size range provided by listing agent.

Description

Prime Downtown Faribault Commercial Opportunity. Situated in the heart of downtown Faribault, this versatile commercial property offers exceptional potential. Formerly operating as a restaurant, the main level is currently vacant and ready for a new business venture. Above the commercial space is a fully leased apartment, providing steady rental income or the option for owner occupancy. Zoned Central Business District (CBD), this property allows for a wide range of uses including retail, financial services, office space, personal services, and entertainment. Residential units are also permitted as an accessory use when located above a first-floor commercial use. Whether you're looking to launch a new business, transition your food truck into a brick-and-mortar location, or invest in a mixed-use property, this is a rare opportunity with unlimited potential.
MLS® Number6787785
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1910
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 19, 2025List Date
$369,000List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties