Prime Downtown Faribault Commercial Opportunity. Situated in the heart of downtown Faribault, this versatile commercial property offers exceptional potential. Formerly operating as a restaurant, the main level is currently vacant and ready for a new business venture. Above the commercial space is a fully leased apartment, providing steady rental income or the option for owner occupancy. Zoned Central Business District (CBD), this property allows for a wide range of uses including retail, financial services, office space, personal services, and entertainment. Residential units are also permitted as an accessory use when located above a first-floor commercial use. Whether you're looking to launch a new business, transition your food truck into a brick-and-mortar location, or invest in a mixed-use property, this is a rare opportunity with unlimited potential.
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 507-334-1695
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
508 Central Avenue N | MLS# 6787785
This commercial property located at 508 Central Avenue N, Faribault, MN 55021 is currently listed for sale with an asking price of $369,000. Central Avenue N is located within the Faribault school district. Search Faribault real estate on www.leblancrealty.com today.