$279,000
( )
 $1,498 est/mo Sourced by Back At You

329 Central Avenue N,Faribault, MN 55021

Faribault, MN 55021

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Description

You can't miss this one! Sitting proudly on a prominent corner along Central Avenue, this historic downtown building has the kind of presence that naturally welcomes people into the heart of Faribault. With windows, visibility, and exposure from the main downtown corridor, it's a property that gets noticed, and one that is ready to become part of the energy happening downtown. Surrounded by destinations like the Paradise Center for the Arts, the Bachrach Building, 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and an eclectic mix of locally owned businesses, this location puts you right in the middle of it all. Once home to a beloved flower shop, the main floor is filled with character and ready for a fresh vision. Its highly visible corner location creates an inviting presence for a boutique, café, salon, studio, gallery, office, retail concept, or gathering space. Whatever comes next, this is a building made to welcome people through its doors. Upstairs, even more opportunity awaits. Previously configured as two apartments, the upper level offers flexibility for future residential use-whether reimagined as apartments, rentals, or a one-of-a-kind downtown residence. There's something special about a corner building. It doesn't just sit on the block-it helps define it. For an entrepreneur, investor, or creative visionary looking to make their mark downtown, this is an opportunity to own a piece of Faribault history in a location that truly stands out. A beloved past. A front-and-center location. And so much possibility for what comes next. This downtown beauty is ready to bloom again!

Details

MLS #7129070
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1920
Days On Site56
Listing Provided ByeXp Realty | Hailey M. Warner

Features

Garage1
Units3
ZoningBusiness/Commercial
Acreage0.06

Interior

HeatingBoiler, Hot Water

Parking

Parking FeaturesAttached Garage

Utilities

UtilitiesElectric Separate, Heating Separate, Hot Water Separate

Taxes

Property2904

Area Information

StateMN
CountyRice
CityFaribault
Zip Code55021
Community NameCity/Faribault
School District656
High SchoolFaribault
Listing VS Median (in City/Faribault)
Price:
$279,000
low | high
Med:
$689,000
96.953405017921% of Average
On site:
56
low | high
Med:
473
11.83932346723% of Average
Sourced by Back At You

Market Activity 55021

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 12, 2026 at 5:32:41 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMN
CountyRice
CityFaribault
Zip Code55021
Community NameCity/Faribault
School District656
High SchoolFaribault
Listing VS Median (in City/Faribault)
Price:
$279,000
low | high
Med:
$689,000
96.953405017921% of Average
On site:
56
low | high
Med:
473
11.83932346723% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $209K - $348K
sqft: 0 - 0
Listing Updated: September 29, 2026 at 6:39:14 AM PDT
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