MLS# 6727828 - 329 Central Avenue N Faribault, MN 55021

Be a part of Faribault’s vibrant downtown revival with this iconic corner building on Central Avenue! Located on a prime block downtown, steps from the Paradise Center for the Arts, the beautiful Bachrach Building, the 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and a string of charming storefronts...this historic gem is overflowing with potential and rich in character. Once home to a beloved flower shop, the main floor is now a blank canvas just waiting for your vision. With prime visibility, high foot and drive traffic, and that undeniable Main Street charm, this space is perfect for a boutique, café, salon, gallery, or anything your entrepreneurial heart can dream up! And upstairs? Even more opportunity awaits. Previously configured as two apartments, the upper level offers flexible space that could be transformed into short-term rentals, long-term housing, or your own stylish downtown loft. Whether you're a business owner, investor, or dreamer with a creative eye...this cornerstone property is ready to bloom again. Downtown is buzzing. The community is growing. The time is now. Let’s make something amazing here.
Request Additional Details
Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,415 + $242(tax)
Est. Monthly Total: $1,657
*does not include insurance and all numbers are estimated.
Summary
Type: COM | Commercial Sale - Mixed Use
Price: $299,000
$153/sf
$4,983,333/acre
Transaction: For Sale
Status: Active
Contingencies: None
Agent Owned: No
Lender Owned: No
Current Use: Vacant
Zoning: Business/Commercial
Square Footage: 1,958 sq ft
Lot Size: 0.06 acres
Year Built: 1920
Foundation: 1,749 sq ft
Garage: Yes
Listed at: Wed Jun 04 2025 5:00:00 AM
Listing Age: 47 days
School District: 656-Faribault | 507-333-6016
County: Rice
Building Details
In Home Details
Construction Material: Brick/Stone
Exterior
Siding: Brick/Stone
Utilites
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Hot Water, Natural Gas
Property Details
Garage: 1 spaces, Attached Garage
Lot Dimensions: 22x150
Agent Owned: No
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Others
School Information
District Number: 656-Faribault
District Phone: 507-333-6016
Financial Considerations
Tax Property ID: 1831126294
Tax Amount: $2,908 for 2024
Listing Data
Listed Price: $299,000
Days on market: 8 days
First Listed at: Wed Jun 04 2025 5:00:00 AM
Last Updated at: Thu Jun 12 2025 8:24:03 PM
Contingencies: None
Assessments: No
Foreclosure: No
Lender Owned: No
Unit Information
Summary
Rental Units: 3

eXp Realty is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
MNStar Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of MNStar Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 20 2025 9:40PM.

Be a part of Faribault’s vibrant downtown revival with this iconic corner building on Central Avenue! Located on a prime block downtown, steps from the Paradise Center for the Arts, the beautiful Bachrach Building, the 310 Event Center, 10,000 Drops Distillery, Redemption Restaurant, and a string of charming storefronts...this historic gem is overflowing with potential and rich in character. Once home to a beloved flower shop, the main floor is now a blank canvas just waiting for your vision. With prime visibility, high foot and drive traffic, and that undeniable Main Street charm, this space is perfect for a boutique, café, salon, gallery, or anything your entrepreneurial heart can dream up! And upstairs? Even more opportunity awaits. Previously configured as two apartments, the upper level offers flexible space that could be transformed into short-term rentals, long-term housing, or your own stylish downtown loft. Whether you're a business owner, investor, or dreamer with a creative eye...this cornerstone property is ready to bloom again. Downtown is buzzing. The community is growing. The time is now. Let’s make something amazing here.

eXp Realty is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
MNStar Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of MNStar Realty, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 20 2025 9:40PM.