Midwestrealtymn.com Search Results

$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.

$1,200,000

Outstanding opportunity to purchase or lease a highly visible commercial building just off Interstate 35 in Faribault. This 4,118 SF former Speedway convenience store sits on approximately 0.53 acres with excellent frontage and exposure along Lyndale Avenue. The property features an open retail layout, commercial kitchen infrastructure including a working exhaust hood, walk-in freezer, and existing cooler cases, making it well-suited for restaurant, convenience store, grocery, specialty retail, food service, or a variety of commercial uses. Surrounded by national retailers and restaurants with approximately 12,000-13,000 vehicles per day, this location offers exceptional visibility and accessibility. Available for sale at $1,200,000 or lease at $20.00/SF Modified Gross.

7114244 MLS

Outstanding opportunity to purchase or lease a highly visible commercial building just off Interstate 35 in Faribault. This 4,118 SF former Speedway convenience store sits on approximately 0.53 acres with excellent frontage and exposure along Lyndale Avenue. The property features an open retail layout, commercial kitchen infrastructure including a working exhaust hood, walk-in freezer, and existing cooler cases, making it well-suited for restaurant, convenience store, grocery, specialty retail, food service, or a variety of commercial uses. Surrounded by national retailers and restaurants with approximately 12,000-13,000 vehicles per day, this location offers exceptional visibility and accessibility. Available for sale at $1,200,000 or lease at $20.00/SF Modified Gross.

311 Lyndale Avenue N, Faribault

Listing courtesy of Revival Commercial Real Estate.

$875,000

Turn-Key Restaurant & Bar Opportunity - Prime corner location in Lonsdale. An exceptional opportunity to own one of Lonsdale's most recognizable and successful restaurant and bar destinations! Ideally situated on the highly visible corner of Highway 19 and Railway Street, this landmark property offers outstanding exposure, strong community presence and endless potential for continued growth. This is a true turn-key opportunity that includes the building, land, fixtures and all equipment needed to continue operating a thriving business from day one. (Inventory to be sold separately.) The 4,300 square foot building features a welcoming 48-seat dining room, 85-seat bar and additional outdoor patio seating, making it a popular gathering place for both locals and visitors alike. Known as a staple of the community and downtown Lonsdale, this established destination has built a loyal customer base and outstanding reputation. Situated on nearly one acre, the property offers ample parking and significant room for future expansion. Whether you envision enlarging the existing restaurant, expanding the parking area, or taking advantage of the property's additional buildable commercial right to construct a second commercial building, the possibilities are extensive. Whether you're an experienced restaurateur, investor or entrepreneur looking for a thriving hospitality business with room to grow, this premier property presents a rare opportunity in a high-traffic, highly visible location.

7103808 MLS

Turn-Key Restaurant & Bar Opportunity - Prime corner location in Lonsdale. An exceptional opportunity to own one of Lonsdale's most recognizable and successful restaurant and bar destinations! Ideally situated on the highly visible corner of Highway 19 and Railway Street, this landmark property offers outstanding exposure, strong community presence and endless potential for continued growth. This is a true turn-key opportunity that includes the building, land, fixtures and all equipment needed to continue operating a thriving business from day one. (Inventory to be sold separately.) The 4,300 square foot building features a welcoming 48-seat dining room, 85-seat bar and additional outdoor patio seating, making it a popular gathering place for both locals and visitors alike. Known as a staple of the community and downtown Lonsdale, this established destination has built a loyal customer base and outstanding reputation. Situated on nearly one acre, the property offers ample parking and significant room for future expansion. Whether you envision enlarging the existing restaurant, expanding the parking area, or taking advantage of the property's additional buildable commercial right to construct a second commercial building, the possibilities are extensive. Whether you're an experienced restaurateur, investor or entrepreneur looking for a thriving hospitality business with room to grow, this premier property presents a rare opportunity in a high-traffic, highly visible location.

110 Railway Street NW, Lonsdale

Listing courtesy of RE/MAX Advantage Plus.

$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.

$395,000

"Turn Key" auto repair opportunity! Full service gas station with two service garages/bays including: air compressor, tire charger, tire balancer, and new lift. Currently has two gas pumps and tanks have recently been inspected and compliant. Solid concrete building sitting on corner lot. New rubber roof in 2024. Heated floors, showroom, and retail space.

7091070 MLS

"Turn Key" auto repair opportunity! Full service gas station with two service garages/bays including: air compressor, tire charger, tire balancer, and new lift. Currently has two gas pumps and tanks have recently been inspected and compliant. Solid concrete building sitting on corner lot. New rubber roof in 2024. Heated floors, showroom, and retail space.

728 Central Avenue N, Faribault

Listing courtesy of LaBelle Real Estate Group Inc.

$224,900

Super Lonsdale opportunity now avail on this huge corner lot with over 2400 Sq ft for business,commercial,warehouse,Cars-boat Condos,light industrial,4+ easy access garage bays. Perfect space for brewery , Arts & crafts Enthusiasts, Architects and car buffs,woodworkers,builders,contractors,men/women cave! 2nd floor loft is light & bright with wide open spaces. Build this out to your Imagination! Super spacious 8+ Car Gravel parking lot .. Gorgeous Lawn Surrounds for your Bbq or Picnics ! See today ~ move in tomorrow !

7072079 MLS

Super Lonsdale opportunity now avail on this huge corner lot with over 2400 Sq ft for business,commercial,warehouse,Cars-boat Condos,light industrial,4+ easy access garage bays. Perfect space for brewery , Arts & crafts Enthusiasts, Architects and car buffs,woodworkers,builders,contractors,men/women cave! 2nd floor loft is light & bright with wide open spaces. Build this out to your Imagination! Super spacious 8+ Car Gravel parking lot .. Gorgeous Lawn Surrounds for your Bbq or Picnics ! See today ~ move in tomorrow !

215 Colorado Street SW, Lonsdale

Listing courtesy of Coldwell Banker Realty.

$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..

$399,900

Great downtown location offers this beautiful space for your business. Newly finished top to bottom. The main area has over 4000 sq. Ft. of open area, 22’ ceilings, 2 restrooms, and a bar area ready for your set up. Two nearly 600 sq. Ft. Lofts at the front and back of the building have endless uses. Add to your business space or use for storage. The building is already equipped to provide for two separate spaces. One can double their investment space and build an interior wall right down the center to make 2 separate spaces. Plenty of foot traffic here as the property is centrally located close to businesses, parks, restaurants and much more.

2 Baths ⋅ 7042874 MLS

Great downtown location offers this beautiful space for your business. Newly finished top to bottom. The main area has over 4000 sq. Ft. of open area, 22’ ceilings, 2 restrooms, and a bar area ready for your set up. Two nearly 600 sq. Ft. Lofts at the front and back of the building have endless uses. Add to your business space or use for storage. The building is already equipped to provide for two separate spaces. One can double their investment space and build an interior wall right down the center to make 2 separate spaces. Plenty of foot traffic here as the property is centrally located close to businesses, parks, restaurants and much more.

409 Central Avenue N, Faribault

Listing courtesy of AXEN Realty.

$14

7039824 MLS

396 Schilling Drive N, Dundas

Listing courtesy of NAI Gateway Commercial.

$20

7038557 MLS

610 Professional Drive, Northfield

Listing courtesy of NAI Gateway Commercial.