$299,000

405 Central Ave N

Faribault MN, 55021

Description

Do you have a dream to own your own business? Would you like to expand your current business? This centrally located store front in historic dwntwn Faribault is waiting for all your great ideas. Some of the great ideas for this space could include, a salon/barber shop, a pool hall, Food Co-Op/comm. space or a specialty shop like oils, wine/coffee/tea or Event Venue. Make 2 different retail spaces, one for your idea and rent the other side to another business. The ideas are endless for this space which once was an anchor in downtown Faribault by housing JCPenneys and then B&B Sporting Goods for many years. This building is turn-key and includes 2 furnaces, C/A, Alarm System, 400 Amp electrical service and an 8 water main in place. 4000 sqft. on the main level and 1640sqft. on the mezzanine level. New roof, freshly painted on front and rear ext. along with the interior, new lighting and more. Be a part of the exciting growth downtown Faribault is experiencing and encouraging!

Details

MLS#5333107
Sub-TypeResale
StatusActive
Year1920
Days On Site7

Features

SQ Feet5,640
Story(s)1
Units1
ZoningBusiness/Commercial

Market Activity 55021

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Area Information

StateMN
CountyRice
CityFaribault
Zip Code55021
AreaFaribault (MN)
Listing VS Median (in 55021)
Price:
$299,000
low | high
Med:
$199,700
83.210702341137% of Average
SqFt:
5,640
low | high
Med:
0
100% of Average
$ / SqFt:
$53
low | high
Med:
$0
100% of Average
On Site:
7
low | high
Med:
85.5
8.187134502924% of Average
Listing Updated: 11/21/2019
MLS Number: 5333107
Listing Provided By:
David Campbell  of  Weichert REALTORS- Heartland
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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