Discover an exceptional investment opportunity in the heart of historic downtown Faribault, a vibrant and rapidly growing city conveniently located off I-35. This unique property places you right amidst charming restaurants, local retail shops, and scenic parks and trails. Faribault’s lively community and the soon-to-be-opened Viaduct Park—featuring a splash pad, skating area, concessions, and gathering spaces—make this an ideal spot to house and grow your business and also your rental portfolio. Find endless potential here as the main floor which currently functions as a retail & event space, but would be perfect for a number of different small business types. Perhaps a boutique shop, ice cream parlor, beauty service day spa, a unique office space, a small restaurant, or specialty candy store...bring your ideas! The space can easily adapt to match your vision, whatever it may be. An occupied one-bedroom apartment on the upper floor offers the option for either short-term rental, benefiting from the nearby wedding venue, or a stable long-term rental income. With extremely low vacancy rates in Faribault, the residential unit is a prime investment feature. Options of converting 600 sq ft of the rear main floor into a rental studio, would allow you to maintain a storefront while securing additional rental revenue. This rare find includes an attached garage and a private green space, combining the best of downtown accessibility with a touch of nature. The property is perfect for an entrepreneur looking to invest in a thriving area with multiple revenue streams. Seize this unique opportunity to be part of Faribault’s growth and bring your business or investment ideas to life!
Are you looking for that unique property that can provide for many uses, look no further! This commercial building houses a security system and a 220 volt 3- Phase Electrical System used to generate, transmit, and distribute electricity, typically used in industrial & manufacturing settings. In the basement you will find a vault door leading into an area that features climate controlled capability. The basement walls and ceiling features cement forms that provide as much security as a bank vault! The basement area also has plenty of heavy duty removable storage shelving and would make for an ideal grow room! On the main level you could set up a retail store or create office space, as you service the traffic & customers that drive by daily! The sky is definitely the limit with this diamond in the rough! Hurry on out for a showing, as it won't last long!
This versatile commercial space offers a perfect blend of convenience, visibility, and adaptability. Property layout can be easily modified to suit your business requirements. Exceptional visibility, cental location just off Hwy 60 and Hwy 21 ensuring maximum exposure for your brand. Take advantage of the steady flow of foot traffic and vehicular commuters to boost your business presence and attract potential customers, location near the Chamber of Commerce, and multiple businesses. This commercial space offers ample parking spaces, providing convenience for both employees and clients. Lease is a modified gross lease. Wonderful opportunity for multiple different user types, bring your plans and we can create the space that will fit your needs. Call now for more information or to view the property. Currently space has reception, break room, conference space, offices and flex space. Many options and ability to modify floor plan to meet your needs! Flexible Lease Terms available.
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. 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.
Great prime office or retail space available. Up to 23,000 SF available. Suites of smaller sizes available. Call for options.
Warehouse & Store/ Office space available! 10,000 SF of warehouse with 2 loading docks and 1 drive in door with another 3,400 of Office/ Store frontage. Also available 4,800 to 7,200 SF of Warehouse space with drive in door and loading dock.
Approximately 30,000 SF of warehouse space for lease. Loading docks and drive in doors available.
The median home value in Faribault, MN is $256,800. This is lower than the county median home value of $309,900. The national median home value is $338,100. The average price of homes sold in Faribault, MN is $256,800. Approximately 62.42% of Faribault homes are owned, compared to 32.56% rented, while 5.03% are vacant. Faribault real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Faribault real estate agent to arrange a tour today!
Faribault, Minnesota 55021 has a population of 24,310. Faribault 55021 is less family-centric than the surrounding county with 27.84% of the households containing married families with children. The county average for households married with children is 31.62%.
The median household income in Faribault, Minnesota 55021 is $55,229. The median household income for the surrounding county is $71,384 compared to the national median of $69,021. The median age of people living in Faribault 55021 is 38.3 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 33.8 inches per year, with 45.3 inches of snow per year.