Courtesy: AXEN Realty
651-734-5602
Position your business for success int his beautifully appointed, move-in-ready salon space located in a prime location. Surrounded by an established community of health, wellness, beauty and spa professionals, this space offers excellent synergy, cross-referral opportunities, and exposure to an existing client base seeking personal care and wellness services. This fully equipped salon suite features a professional salon station complete with a mirror, console cabinetry, and a hair wash basin, allowing you to begin serving clients immediately with minimal startup costs. Tenants enjoy access to well-maintanined shared amentities, inclduing a comfortable break room equipped with a refrigerator, microwave, washer, dryer as well as clean and convenient restroom facilities. Whether you're an independent stylist or beauty professional looking to expand, this turnkey opportunity offers the perfectl blend of convenience, professionalism and location.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
This property includes 12.45 acres with almost 1000 feet of frontage on State Highway 21. Currently zoned R2. City of Faribault welcomes all ideas for this property to be zoned commercial. No showings or walking the property without approval or showing confirmation from listing broker.
Courtesy: Kubes Realty Inc
952-445-9110
Auto parts and salvage yard in Rice County, MN. 3 BR home with a huge detached garage/shop, 64x38 includes car hoist. Home is on 2.5 Acres salvage/auto parts business is on 10 acres adjoining. All equipment & inventory will be included some of the featured inclusions are 2 car crushers, 2 loaders with attachments, Bobcat with attachments, 2 roll backs, car hauler, tow truck and rim crushers, tools and all pallet racking . Shop is 81x50 with 16' sidewalls 30x18 office/store front space. An additional 80x40 warehouse building. Currently has a conditional use permit - commercial/industrial zoned.
Courtesy: MDC Real Estate Services
507-333-1152
Retail suite available. Great visibility and easy access for your business to thrive. 1,600 Square feet. $13.50 base rent + 5.00 CAM /SF
Courtesy: LaBelle Real Estate Group Inc
651-705-0166
"Turn Key" auto repair opportunity! Full service gas station with two service garages/bays including: air compressor, tire charger, tire balancer, and new lift. Currently has two gas pumps and tanks have recently been inspected and compliant. Solid concrete building sitting on corner lot. New rubber roof in 2024. Heated floors, showroom, and retail space.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
This property once was the home of a fur storage business, where climate control was used in the basement. Potentially could be once again with updated HVAC equipment. Located on a high traffic area, with great visibility. This building has 3 phase electrical, poured wall foundation, asphalt parking, and more. This affordable building is versatile for many uses including office, professional services, or retail.
Courtesy: RE/MAX Experts
507-332-2282
DOWNTOWN FARIBAULT OFFICE BUILDING — Income Today, Positioned for Tomorrow. Faribault is having a moment. This building has a front-row seat. Step into one of Southern Minnesota's smartest investment opportunities — a high-visibility office building in historic downtown Faribault, just 35 minutes south of the Twin Cities on I-35. A standout in every sense — doing exactly what a strong asset should: holding quality tenants and generating reliable income. In 2015, a significant capital investment went into a top-to-bottom transformation — and it shows. The result is a building that presents with pride: warm brick, signature red awnings, generous windows, and a professionally finished interior that tenants are proud to work in. This wasn't tinkering. This was a reinvention. The investment didn't stop there — recent electrical updates and additional commercial improvements tell the story of a building well cared for. Nine leased suites, tenants who keep renewing, and one available suite — the occupancy picture is strong. Everything you'd expect is here — shared conference and reception areas, front ramp entry, off-street asphalt parking, and prominent pole signage. Step outside, take a stroll, and discover a downtown that looks like a Hallmark card — beloved restaurants, boutiques, and the Paradise Center for the Arts all within walking distance. And right across the street is the city's newest gathering space, Viaduct Park — an all-season recreation destination with a splash pad, fire pit, and indoor gathering areas. The city calls it "Spaces of Real Joy," and it shows. It's the kind of civic investment that signals a community betting on itself. This is a town where people know your name, shop local by choice, and show up for their community. This building is your seat at that table. Whether you're an investor seeking reliable returns, an entrepreneur with a bold vision for the space, or both — this is a rare chance to plant roots in a town on the rise. The renovation is done. The tenants are in. The income is flowing. Rare is an overused word in real estate. This time it applies.
Courtesy: Edina Realty, Inc.
507-334-1695
Plenty of opportunity here! Rice County will allow Business, retail, water craft sales, anything pertaining to water. Restaurant is not allowed. Rethinking the space into a Barndominium, with amazing possibilities, that could offer year round space for all the activities and interests people enjoy. The 1.57 acre lots adjacent, offers a highly desirable location for that future dream home. The premium flat lake lot and shoreline are impressive.
Courtesy: Keller Williams Preferred Rlty
952-746-9696
This stately 1890s multi-family residence is a standout example of craftsmanship and opportunity in the heart of Faribault. Configured as a unique seven-unit property, it offers strong income potential with a proven rental layout. Timeless character shines throughout, highlighted by classic hardwood floors and distinctive architectural details. A large open-frame porch and striking exterior create impressive curb appeal, while the corner lot setting adds to its presence. The property also features a spacious basement, ideal for storage or maintenance, along with convenient gravel driveway parking. Designed for efficient management, the building includes common heating and separate electric utilities for each unit. Recent assessments reflect increasing value, and the solid stone foundation underscores its long-term durability. With the right vision and updates, there is an excellent opportunity to further enhance both value and appeal. Located near local amenities with easy highway access, this property presents a rare opportunity to own a piece of Faribault’s history while maximizing its investment potential.
Courtesy: AXEN Realty
651-734-5602
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. The building is already equipped to provide for two separate spaces. 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.
Courtesy: Re/Max Advantage Plus
651-272-4688
4 ACRES!! Highly visible commercial opportunity at the entrance of I-35 & Hwy 21 in Faribault. This property features a single-story 1500 sq ft office building with reception area, open workspace, restroom, utility/storage room, and kitchenette. Large front windows and dual entry doors provide excellent natural light and accessibility. In addition to the office building, the property includes a detached 1872 sq ft multi-stall garage/shop building with several overhead doors - ideal for contractors, storage, service businesses, or light industrial use. The expansive lot offers ample parking, outdoor storage potential, and significant room for expansion or redevelopment. Located in a growing commercial area with strong highway access and visibility, this property presents a flexible opportunity for business owners, investors, or future development.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
All leases to be handles by Building owner. Build out for units are available by Owner, a licensed contractor. All rents are monthly and include heat/AC, and electricity. No CAM fees, and public parking is available both front and rear of building. Suite #102 1012 sq ft,1st floor, plumbing available, has separate west access door to unit. $1250/ month
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
All leases to be handles by Building owner. Build out for units are available by Owner, a licensed contractor. All rents are monthly and include heat/AC, and electricity. No CAM fees, and public parking is available both front and rear of building. Suite #204 700 sq ft,2nd floor unit facing Central Ave on front side of building. $700/ month
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
All leases to be handles by Building owner. Build out for units are available by Owner, a licensed contractor. All rents are monthly and include heat/AC, and electricity. No CAM fees, and public parking is available both front and rear of building. Suite #203 419 sq ft,2nd floor unit facing Central Ave on front side of building. $450/ month
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
All leases to be handles by Building owner. Build out for units are available by Owner, a licensed contractor. All rents are monthly and include heat/AC, and electricity. No CAM fees, and public parking is available both front and rear of building. Suite #200 990 sq ft,2nd floor unit facing Central Ave on front side of building. $1225/ month
Courtesy: MDC Real Estate Services
507-333-1152
Courtesy: MDC Real Estate Services
507-333-1152
Courtesy: eXp Realty
320-500-4397
Downtown Faribault investment opportunity: mixed-use property. Discover this exceptional investment opportunity in the vibrant heart of downtown Faribault, an emerging destination just 35 minutes south of the Twin Cities with convenient access to I-35. Positioned in a high-visibility location in one of Minnesota's growing small-towns, whether you're an investor, a contractor with vision, or an entrepreneur looking for your next venture, this property offers the flexibility to meet a variety of goals perfect for tapping into the area’s rising rental demand. Zoned and situated to support mixed-use development, the property is ideal for anyone looking to contribute to Faribault’s dynamic downtown revitalization. The building is currently undergoing a parcel split, which will be completed prior to closing, ensuring a smooth path forward for the next owner. Just steps from the new Viaduct Park development—an exciting public space featuring splash pads, a winter ice rink, and future family-friendly attractions—this location is surrounded by popular restaurants, retail shops, and ongoing community enhancements. Whether you're growing your investment portfolio, launching a new business, or reimagining the space for residential income, this is a rare opportunity to plant roots in a town on the rise. Properties with this kind of potential—and prime location—don’t come around often. Schedule your showing today and explore the possibilities!
Courtesy: eXp Realty
320-500-4397
Check out this prime mixed-use opportunity in the heart of downtown Faribault! Unlock the potential of this versatile downtown gem, perfectly positioned in one of Southern Minnesota’s most up-and-coming small towns-just 35 minutes south of the Twin Cities, right off Interstate 35. This mixed-use building offers two main-level commercial spaces. One unit is currently leased with a solid two-year agreement in place, providing immediate income. The second storefront is move-in ready: ideal for an owner-occupant or an easy addition to your investment portfolio. With great foot traffic and charming curb appeal, this space is perfect for a boutique, ice cream shop, yoga/exercise studio, or other small business ventures. Investors, Contractors, Entrepreneurs-this one's for you! Upstairs, the opportunities are endless. With some renovation, the upper level can be restored to its original residential layout, with potential for three studio or one-bedroom apartments, or reconfigured for larger units to meet growing rental demand in the area. The property is currently undergoing a parcel split, which will be completed prior to closing. A shared wall agreement and access to shared water/sewer lines with adjacent parcels will be included. Seller will also install a separation wall upstairs to define private apartment space on the west side. Location, Location, Location! Just steps from the exciting new Viaduct Park development: featuring splash pads, an ice rink, and future attractions & features aimed to increase tourism and local activity. Surrounded by popular restaurants, shops, and ongoing downtown revitalization, this is your chance to plant roots in a community on the rise. Whether you're expanding your business, growing your investment portfolio, or dreaming up your next big idea-this is the kind of opportunity that doesn’t come around often. Schedule your showing today and claim your piece of Faribault’s future!
Courtesy: eXp Realty
320-500-4397
Once home to the beloved Java Live Coffee Shop, this iconic downtown building is now a blank slate, ready for your bold vision! Located on one of the most desirable blocks of Faribault’s historic Main Street, this full-building opportunity offers charm, visibility, and unbeatable potential from front to back. The main level, once buzzing with caffeine-fueled conversation and community, is now a wide-open space perfect for your dream storefront, restaurant, boutique, gallery: you name it. With high foot traffic and classic downtown character, the stage is set for your next big idea. Upstairs, the second level has been completely gutted and is ready for your custom finishes. Picture two spacious apartments or one incredible front-to-back downtown loft. Enter upstairs from the front or back of the building! Whether you're thinking short-term rentals, long-term tenants, or your own private urban oasis, the possibilities are endless. Bring your creativity, your ambition, and your vision, and watch this property come alive again. History, location, and opportunity...this is the one you’ve been waiting for! Don't wait!
Courtesy: eXp Realty
320-500-4397
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.
Courtesy: Edina Realty, Inc.
507-334-1695
This unique combination commercial and residential property boasts a cozy 2- Bedroom apartment in a prime, centrally located area. With numerous upgrades, the building features modern amenities and stylish finishes. The property is situated in a vibrant, high-traffic zone, ensuring great visibility for any commercial needs. Plus, it's fully handicap accessible, making it convenient and inclusive for everyone. So if you have a business concept and would like to have some supplemental income to offset your mortgage, this one's for you! A great investment opportunity.
Courtesy: MDC Real Estate Services
507-333-1152
This property offers exceptional visibility and high traffic, making it perfect for a variety of uses. Whether you’re looking to redevelop the site or open your own restaurant, the property provides outstanding potential in a sought-after location.
Courtesy: MDC Real Estate Services
507-333-1152
Located at one of the busiest intersections in southern Minnesota, this property offers unmatched visibility, accessibility, and long-term potential. Positioned at the corner of I-35 and Highway 60, it sits in a prime commercial corridor ideal for businesses that value exposure and convenience. Currently utilized as a modern office space featuring high-end finishes and a professional layout, the building presents an exceptional opportunity for a variety of uses. With its prominent location and strong traffic counts, the site is also perfectly suited for retail redevelopment, offering flexibility for investors or owner-occupants looking to maximize value.
Courtesy: MDC Real Estate Services
507-333-1152
Bring your business to the next level in a prime updated office suite on Central Ave located in the State Bank Galleria & Emporium buildings.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Faribault is located in Minnesota. Faribault, Minnesota has a population of 24,310. Faribault is less family-centric than the surrounding county with 28.01% 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 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 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.
