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$350,000

Prime Downtown Faribault Commercial & Mixed-Use Opportunity. Discover the possibilities in the heart of downtown Faribault with this versatile commercial property offering a unique opportunity for an owner-user, entrepreneur, or investor. The main-level commercial space is currently vacant and ready for its next chapter, with a layout and location well suited for a variety of business concepts. Previously operated as a restaurant, the space could be ideal for a new dining establishment, retail business, office, personal service, entertainment venue, or even a food-truck operator ready to establish a permanent brick-and-mortar location. Adding to the appeal, the property includes a fully leased apartment above the commercial space, providing immediate rental income while offering the potential for future owner occupancy. The property is zoned Central Business District (CBD), allowing for a broad range of commercial uses, including retail, financial services, office space, personal services, and entertainment. Residential use is also permitted as an accessory use when located above a first-floor commercial use. With its prominent downtown location, flexible zoning, existing rental income, and adaptable commercial space, this property presents an excellent opportunity to establish a business, expand an existing venture, or add a versatile mixed-use asset to your investment portfolio.

7142833 MLS

Prime Downtown Faribault Commercial & Mixed-Use Opportunity. Discover the possibilities in the heart of downtown Faribault with this versatile commercial property offering a unique opportunity for an owner-user, entrepreneur, or investor. The main-level commercial space is currently vacant and ready for its next chapter, with a layout and location well suited for a variety of business concepts. Previously operated as a restaurant, the space could be ideal for a new dining establishment, retail business, office, personal service, entertainment venue, or even a food-truck operator ready to establish a permanent brick-and-mortar location. Adding to the appeal, the property includes a fully leased apartment above the commercial space, providing immediate rental income while offering the potential for future owner occupancy. The property is zoned Central Business District (CBD), allowing for a broad range of commercial uses, including retail, financial services, office space, personal services, and entertainment. Residential use is also permitted as an accessory use when located above a first-floor commercial use. With its prominent downtown location, flexible zoning, existing rental income, and adaptable commercial space, this property presents an excellent opportunity to establish a business, expand an existing venture, or add a versatile mixed-use asset to your investment portfolio.

508 Central Avenue N, Faribault

Listing courtesy of Edina Realty, Inc..

$239,000

Once home to the beloved Java Live Coffee Shop, this iconic downtown building is ready for its next chapter! Located on one of the most desirable blocks of Faribault’s historic downtown, this full-building opportunity offers incredible visibility, character, and potential from front to back. The main level, once filled with coffee, conversation, and community, is now a wide-open space ready to be reimagined. Create a storefront, restaurant, boutique, gallery, office, gathering space-or bring an entirely new concept to life. With a prime Main Street location and the charm of a historic downtown building, there is so much opportunity here. Upstairs, the second level has been completely gutted, giving you a true blank slate to design from the ground up. Envision two spacious apartments, short- or long-term rental opportunities, or one incredible front-to-back downtown loft. With access from both the front and rear of the building, the layout offers added flexibility for future use. Whether you're an investor, entrepreneur, developer, or someone who has always dreamed of owning a piece of downtown Faribault, this is an opportunity to take a building with a meaningful history and give it new life. History. Location. Character. Potential. Bring your ideas and make this downtown landmark part of Faribault’s next chapter.

7128246 MLS

Once home to the beloved Java Live Coffee Shop, this iconic downtown building is ready for its next chapter! Located on one of the most desirable blocks of Faribault’s historic downtown, this full-building opportunity offers incredible visibility, character, and potential from front to back. The main level, once filled with coffee, conversation, and community, is now a wide-open space ready to be reimagined. Create a storefront, restaurant, boutique, gallery, office, gathering space-or bring an entirely new concept to life. With a prime Main Street location and the charm of a historic downtown building, there is so much opportunity here. Upstairs, the second level has been completely gutted, giving you a true blank slate to design from the ground up. Envision two spacious apartments, short- or long-term rental opportunities, or one incredible front-to-back downtown loft. With access from both the front and rear of the building, the layout offers added flexibility for future use. Whether you're an investor, entrepreneur, developer, or someone who has always dreamed of owning a piece of downtown Faribault, this is an opportunity to take a building with a meaningful history and give it new life. History. Location. Character. Potential. Bring your ideas and make this downtown landmark part of Faribault’s next chapter.

313 Central Avenue N, Faribault

Listing courtesy of eXp Realty.

$409,000

Investment opportunity meets historic downtown charm! This beautifully maintained mixed-use building offers the rare combination of immediate income, exceptional condition, and long-term flexibility in the heart of Faribault's thriving downtown district. With a well-established commercial tenant occupying the fully renovated main level and two beautifully updated, fully furnished, charming & well-kept apartments above (one 1-bedroom and one 2-bedroom), this is the kind of turnkey investment that's becoming increasingly difficult to find. Whether you're looking to expand your investment portfolio, operate a successful short- or mid-term rental business, or enjoy owner-occupancy while offsetting your expenses with rental income, this property offers incredible versatility. The current owner has poured years of care, thoughtful improvements, and significant investment into the building, creating a property that's ready for its next chapter-allowing you to step in and immediately enjoy the rewards. One of the standout features is the full basement with a rare tuck-under garage and overhead door, an amenity seldom found in historic downtown buildings. The lower level provides abundant storage and has even served as a private workout room and retreat for a previous commercial occupant, offering endless possibilities for future use. The main-floor commercial space has been extensively renovated, including an ADA-accessible restroom, creating a welcoming and functional environment for today's businesses. Upstairs, the apartments blend historic character with modern finishes, offering stylish, move-in-ready living spaces that appeal to both long- and short-term tenants. Located on one of Faribault's most vibrant downtown blocks, you'll be surrounded by locally loved shops, restaurants, coffee houses, and entertainment, all within walking distance. The property's proximity to popular destinations like the area's wedding venues and Shattuck-St. Mary's creates strong demand for quality housing and rental opportunities year-round. Properties like this don't come along often, a lovingly restored, income-producing downtown building with multiple revenue streams, exceptional updates, and endless possibilities for both investors and owner-occupants. Come experience the charm, opportunity, and potential this remarkable property has to offer.

7115327 MLS

Investment opportunity meets historic downtown charm! This beautifully maintained mixed-use building offers the rare combination of immediate income, exceptional condition, and long-term flexibility in the heart of Faribault's thriving downtown district. With a well-established commercial tenant occupying the fully renovated main level and two beautifully updated, fully furnished, charming & well-kept apartments above (one 1-bedroom and one 2-bedroom), this is the kind of turnkey investment that's becoming increasingly difficult to find. Whether you're looking to expand your investment portfolio, operate a successful short- or mid-term rental business, or enjoy owner-occupancy while offsetting your expenses with rental income, this property offers incredible versatility. The current owner has poured years of care, thoughtful improvements, and significant investment into the building, creating a property that's ready for its next chapter-allowing you to step in and immediately enjoy the rewards. One of the standout features is the full basement with a rare tuck-under garage and overhead door, an amenity seldom found in historic downtown buildings. The lower level provides abundant storage and has even served as a private workout room and retreat for a previous commercial occupant, offering endless possibilities for future use. The main-floor commercial space has been extensively renovated, including an ADA-accessible restroom, creating a welcoming and functional environment for today's businesses. Upstairs, the apartments blend historic character with modern finishes, offering stylish, move-in-ready living spaces that appeal to both long- and short-term tenants. Located on one of Faribault's most vibrant downtown blocks, you'll be surrounded by locally loved shops, restaurants, coffee houses, and entertainment, all within walking distance. The property's proximity to popular destinations like the area's wedding venues and Shattuck-St. Mary's creates strong demand for quality housing and rental opportunities year-round. Properties like this don't come along often, a lovingly restored, income-producing downtown building with multiple revenue streams, exceptional updates, and endless possibilities for both investors and owner-occupants. Come experience the charm, opportunity, and potential this remarkable property has to offer.

213 Central Avenue N, Faribault

Listing courtesy of eXp Realty.

$950

Position your business for success int his beautifully appointed, move-in-ready salon space located in a prime location. Surrounded by an established community of health, wellness, beauty and spa professionals, this space offers excellent synergy, cross-referral opportunities, and exposure to an existing client base seeking personal care and wellness services. This fully equipped salon suite features a professional salon station complete with a mirror, console cabinetry, and a hair wash basin, allowing you to begin serving clients immediately with minimal startup costs. Tenants enjoy access to well-maintanined shared amentities, inclduing a comfortable break room equipped with a refrigerator, microwave, washer, dryer as well as clean and convenient restroom facilities. Whether you're an independent stylist or beauty professional looking to expand, this turnkey opportunity offers the perfectl blend of convenience, professionalism and location.

7097557 MLS

Position your business for success int his beautifully appointed, move-in-ready salon space located in a prime location. Surrounded by an established community of health, wellness, beauty and spa professionals, this space offers excellent synergy, cross-referral opportunities, and exposure to an existing client base seeking personal care and wellness services. This fully equipped salon suite features a professional salon station complete with a mirror, console cabinetry, and a hair wash basin, allowing you to begin serving clients immediately with minimal startup costs. Tenants enjoy access to well-maintanined shared amentities, inclduing a comfortable break room equipped with a refrigerator, microwave, washer, dryer as well as clean and convenient restroom facilities. Whether you're an independent stylist or beauty professional looking to expand, this turnkey opportunity offers the perfectl blend of convenience, professionalism and location.

1746 NW Grant, Faribault

Listing courtesy of AXEN Realty.

$1,600,000

This property includes 12.45 acres with almost 1000 feet of frontage on State Highway 21. Currently zoned R2. City of Faribault welcomes all ideas for this property to be zoned commercial. No showings or walking the property without approval or showing confirmation from listing broker.

7095358 MLS

This property includes 12.45 acres with almost 1000 feet of frontage on State Highway 21. Currently zoned R2. City of Faribault welcomes all ideas for this property to be zoned commercial. No showings or walking the property without approval or showing confirmation from listing broker.

1320 Lyndale Avenue N, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.

$1,650,000

Agent is Owner. Welcome to Historic downtown Northfield. This property is located at the gateway to the Central Downtown or the Corner of Division Street and 5th Street or Directly East of the Historic Cannon River Area. Property is a three-story multi-tenant building with on street parking on 5th Street, Washington Street and Large Public City parking adjoining the property to the east. The building has been lovingly renovated over the 35 years by current ownership including 100% tuckpointed brick exterior, Carlisle membrane roof system with added roof insulation on exterior and interior. Plumbing services updated throughout as well as sewer piping to the street. The electric is a 1200 amp multi-meter system and the heat and cooling zoned with newer condensers and newer boilers. The building features large Marvin Windows on the exterior with interior transit windows in corridors for natural light. Historic trim had remained intact, but steel framed solid core paneled doors with window glass for marketing. Also, solid panel oak added to meet fire code. High ceilings with modern LED lighting. All units renovated and updated overall span of ownership. The retail service areas are on Division Street with three retail spaces. On 5th Street mid entry for potential subdivided rental area and to the rear additional storage area, entry to another potential subdivided area and one lofted apartment. Building has a 5th street directory to second level professional offices with bathrooms and coffee center. This same area includes a historic staircase to third level apartments and professional artist center with large lounge and bathroom area. Many long-term tenants dating back 30 + years. Very healthy mix of retail, service, professional office, apartments and professional office. This building is only offered for sale due to owner’s retirement and relocation. The building has been 100% occupied short of change over due to owner’s desire to update or renovate areas when opportunity was created. Wonderful 1031 exchange opportunity for many. Interested parties can request a marketing package with more details and history.

5 Beds ⋅ 3 Baths ⋅ 7093064 MLS

Agent is Owner. Welcome to Historic downtown Northfield. This property is located at the gateway to the Central Downtown or the Corner of Division Street and 5th Street or Directly East of the Historic Cannon River Area. Property is a three-story multi-tenant building with on street parking on 5th Street, Washington Street and Large Public City parking adjoining the property to the east. The building has been lovingly renovated over the 35 years by current ownership including 100% tuckpointed brick exterior, Carlisle membrane roof system with added roof insulation on exterior and interior. Plumbing services updated throughout as well as sewer piping to the street. The electric is a 1200 amp multi-meter system and the heat and cooling zoned with newer condensers and newer boilers. The building features large Marvin Windows on the exterior with interior transit windows in corridors for natural light. Historic trim had remained intact, but steel framed solid core paneled doors with window glass for marketing. Also, solid panel oak added to meet fire code. High ceilings with modern LED lighting. All units renovated and updated overall span of ownership. The retail service areas are on Division Street with three retail spaces. On 5th Street mid entry for potential subdivided rental area and to the rear additional storage area, entry to another potential subdivided area and one lofted apartment. Building has a 5th street directory to second level professional offices with bathrooms and coffee center. This same area includes a historic staircase to third level apartments and professional artist center with large lounge and bathroom area. Many long-term tenants dating back 30 + years. Very healthy mix of retail, service, professional office, apartments and professional office. This building is only offered for sale due to owner’s retirement and relocation. The building has been 100% occupied short of change over due to owner’s desire to update or renovate areas when opportunity was created. Wonderful 1031 exchange opportunity for many. Interested parties can request a marketing package with more details and history.

429 Division Street S, Northfield

Listing courtesy of DF & Company, Inc.

$650,000

Plenty of opportunity here! Rice County will allow Business, retail, water craft sales, anything pertaining to water. Restaurant is not allowed. Rethinking the space into a Barndominium, with amazing possibilities, that could offer year round space for all the activities and interests people enjoy. The 1.57 acre lots adjacent, offers a highly desirable location for that future dream home. The premium flat lake lot and shoreline are impressive. Vacant land is a separate purchase. MLS#7067398.

7067562 MLS

Plenty of opportunity here! Rice County will allow Business, retail, water craft sales, anything pertaining to water. Restaurant is not allowed. Rethinking the space into a Barndominium, with amazing possibilities, that could offer year round space for all the activities and interests people enjoy. The 1.57 acre lots adjacent, offers a highly desirable location for that future dream home. The premium flat lake lot and shoreline are impressive. Vacant land is a separate purchase. MLS#7067398.

4454 Morristown Boulevard, Faribault

Listing courtesy of Edina Realty, Inc..

$1,500,000

7012298 MLS

3701 Highway 60 W, Faribault

Listing courtesy of MDC Real Estate Services.

$1,250,000

Located at one of the busiest intersections in southern Minnesota, this property offers unmatched visibility, accessibility, and long-term potential. Positioned at the corner of I-35 and Highway 60, it sits in a prime commercial corridor ideal for businesses that value exposure and convenience. Currently utilized as a modern office space featuring high-end finishes and a professional layout, the building presents an exceptional opportunity for a variety of uses. With its prominent location and strong traffic counts, the site is also perfectly suited for retail redevelopment, offering flexibility for investors or owner-occupants looking to maximize value.

6807406 MLS

Located at one of the busiest intersections in southern Minnesota, this property offers unmatched visibility, accessibility, and long-term potential. Positioned at the corner of I-35 and Highway 60, it sits in a prime commercial corridor ideal for businesses that value exposure and convenience. Currently utilized as a modern office space featuring high-end finishes and a professional layout, the building presents an exceptional opportunity for a variety of uses. With its prominent location and strong traffic counts, the site is also perfectly suited for retail redevelopment, offering flexibility for investors or owner-occupants looking to maximize value.

3305 Highway 60 W, Faribault

Listing courtesy of MDC Real Estate Services.

$689,000

Historic Fleckenstein Bldg in excellent condition, located in the heart of downtown Faribault on Central Ave. This property has a combination of well preserved historical features, and modern updates such as mechanicals, electrical, and bathrooms, and newer roof. Great income producing property and potential increase of income.

6742561 MLS

Historic Fleckenstein Bldg in excellent condition, located in the heart of downtown Faribault on Central Ave. This property has a combination of well preserved historical features, and modern updates such as mechanicals, electrical, and bathrooms, and newer roof. Great income producing property and potential increase of income.

220 Central Avenue N, Faribault

Listing courtesy of Weichert, REALTORS- Heartland.