$299,000
329 Central Avenue N Faribault, MN 55021
For Sale MLS# 7012008
1,958 sq ft Commercial
Details for 329 Central Avenue N
MLS# 7012008
Description for 329 Central Avenue N, Faribault, MN, 55021
Be a part of Faribault’s vibrant downtown revival with this iconic corner building on Central Avenue!Located on a prime block downtown, steps from the Paradise Center for the Arts, the beautiful Bachrach Building, the 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and a string of charming storefronts...this historic gem is overflowing with potential and rich in character.Once home to a beloved flower shop, the main floor is now a blank canvas just waiting for your vision. With prime visibility, high foot and drive traffic, and that undeniable Main Street charm, this space is perfect for a boutique, café, salon, gallery, or anything your entrepreneurial heart can dream up! And upstairs? Even more opportunity awaits. Previously configured as two apartments, the upper level offers flexible space that could be transformed into short-term rentals, long-term housing, or your own stylish downtown loft. Whether you're a business owner, investor, or dreamer with a creative eye...this cornerstone property is ready to bloom again.Downtown is buzzing. The community is growing. The time is now. Let’s make something amazing here.
Listing Information
Property Type: Commercial, Apartments and Retail
Status: Active
Lot Size: 0.06 Acres
Square Feet: 1,958 sq ft
Year Built: 1920
Foundation: 1,749 sq ft
Garage: Yes
Subdivision: City/Faribault
Number Of Units Total: 3
Current Use: Vacant
County: Rice
Days On Market: 41
Construction Status: Previously Owned
School Information
District: 656 - Faribault
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate,Hot Water Separate
Heating: Boiler, Hot Water, Natural Gas
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 1
Open Parking: 2
Parking Description: Attached Garage
Exterior: Brick/Stone
Lot Dimensions: 22x150
Zoning: Business/Commercial
Additional Exterior/Lot Features: Land Inclusions - Building
Driving 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.
Financial Considerations
Tax/Property ID: 1831126294
Tax Amount: 2908
Tax Year: 2024
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: eXp Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 329 Central Avenue N
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 329 Central Avenue N
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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