a Berkshire Hathaway affiliate

$299,000

405 Central Avenue N, Faribault


405 Central Avenue N Faribault, MN 55021

For Sale MLS# 5333107

5,640 sq ft Commercial

Data current as of {{getLocalTime('2019-12-10T22:12:13Z')}}

Details

MLS# 5333107

Description for 405 Central Avenue N, Faribault, MN, 55021


Do you have a dream to own your own business? Would you like to expand your current business? This centrally located store front in historic dwntwn Faribault is waiting for all your great ideas. Some of the great ideas for this space could include, a salon/barber shop, a pool hall, Food Co-Op/comm. space or a specialty shop like oils, wine/coffee/tea or Event Venue. Make 2 different retail spaces, one for your idea and rent the other side to another business. The ideas are endless for this space which once was an anchor in downtown Faribault by housing JCPenney’s and then B&B Sporting Goods for many years. This building is turn-key and includes 2 furnaces, C/A, Alarm System, 400 Amp electrical service and an 8” water main in place. 4000 sqft. on the main level and 1640sqft. on the mezzanine level. New roof, freshly painted on front and rear ext. along with the interior, new lighting and more. Be a part of the exciting growth downtown Faribault is experiencing and encouraging!

Listing Information


Property Type: Commercial, Retail/Shopping Center

Status: Active

Lot Size: 0.09 Acres

Square Feet: 5,640 sq ft

Year Built: 1920

Foundation: 4,000 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 1

Current Use: Vacant,Retail

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Rice

Days On Market: 24

HERS Score:

Construction Status: Previously Owned

School Information


District: 656 - Faribault

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Flooring:

Basement: Partial Finished, Full

Accessibility: No Stairs Internal

Additional Interior Features: 440 Volt

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate,Hot Water Separate

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: Uncovered/Open, Unassigned

Exterior: Metal, Brick/Stone

Roof: Tar/Gravel, Flat

Lot View:

Lot Dimensions: 40x100

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Road Frontage - City

Soil Type:

Tillable Acres:

Driving Directions


Hwy 21 to 7th St NW, E to Central Ave, S to Property

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Ownership Type:

Tax/Property ID: 1831126185

Tax Amount: $3,494

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$299,000 Original Price
$299,000 Current Price
+$0 Total Change
Date Price Change
11/15/2019 08:43 PM $299,000

Sales History

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Schools nearby 405 Central Avenue N

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings