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 Type
For Sale
Sub-Type
Resale
Status
Active
Year
1920
Days On Site
56
Listing Provided By
eXp Realty | Hailey M. Warner
Features
Garage
1
Units
3
Zoning
Business/Commercial
Acreage
0.06
Interior
Heating
Boiler, Hot Water
Parking
Parking Features
Attached Garage
Utilities
Utilities
Electric Separate, Heating Separate, Hot Water Separate
Taxes
Property
2904
Area Information
State
MN
County
Rice
City
Faribault
Zip Code
55021
Community Name
City/Faribault
School District
656
High School
Faribault
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
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 5
Avg $ Per SqFt: $179.9
Min Sale Price: $155,000
Max Sale Price: $440,000
Med Sale Price: $275,000
Date: Aug 2026
Sales: 6
Avg $ Per SqFt: $261.47
Min Sale Price: $235,000
Max Sale Price: $649,900
Med Sale Price: $297,950
Date: Jul 2026
Sales: 24
Avg $ Per SqFt: $172.6
Min Sale Price: $58,000
Max Sale Price: $699,900
Med Sale Price: $279,000
Date: Jun 2026
Sales: 38
Avg $ Per SqFt: $187.66
Min Sale Price: $42,000
Max Sale Price: $925,000
Med Sale Price: $283,500
Date: May 2026
Sales: 39
Avg $ Per SqFt: $184.73
Min Sale Price: $66,000
Max Sale Price: $1,195,000
Med Sale Price: $295,000
Date: Apr 2026
Sales: 28
Avg $ Per SqFt: $174.45
Min Sale Price: $82,500
Max Sale Price: $690,000
Med Sale Price: $295,500
Date: Mar 2026
Sales: 28
Avg $ Per SqFt: $154.04
Min Sale Price: $61,000
Max Sale Price: $755,000
Med Sale Price: $303,000
Date: Feb 2026
Sales: 13
Avg $ Per SqFt: $153.81
Min Sale Price: $625
Max Sale Price: $422,500
Med Sale Price: $260,000
Date: Jan 2026
Sales: 18
Avg $ Per SqFt: $163.86
Min Sale Price: $105,000
Max Sale Price: $385,000
Med Sale Price: $281,950
Date: Dec 2025
Sales: 11
Avg $ Per SqFt: $175.73
Min Sale Price: $180,000
Max Sale Price: $735,000
Med Sale Price: $260,000
Date: Nov 2025
Sales: 21
Avg $ Per SqFt: $174.25
Min Sale Price: $45,000
Max Sale Price: $1,550,000
Med Sale Price: $251,000
Date: Oct 2025
Sales: 32
Avg $ Per SqFt: $153.84
Min Sale Price: $28,000
Max Sale Price: $550,000
Med Sale Price: $278,750
Sourced by Back At You
Sep 2026
Sales:
5
Avg $ Per SqFt:
$179.9
Min Sale Price:
$155,000
Max Sale Price:
$440,000
Med Sale Price:
$275,000
Aug 2026
Sales:
6
Avg $ Per SqFt:
$261.47
Min Sale Price:
$235,000
Max Sale Price:
$649,900
Med Sale Price:
$297,950
Jul 2026
Sales:
24
Avg $ Per SqFt:
$172.6
Min Sale Price:
$58,000
Max Sale Price:
$699,900
Med Sale Price:
$279,000
Jun 2026
Sales:
38
Avg $ Per SqFt:
$187.66
Min Sale Price:
$42,000
Max Sale Price:
$925,000
Med Sale Price:
$283,500
May 2026
Sales:
39
Avg $ Per SqFt:
$184.73
Min Sale Price:
$66,000
Max Sale Price:
$1,195,000
Med Sale Price:
$295,000
Apr 2026
Sales:
28
Avg $ Per SqFt:
$174.45
Min Sale Price:
$82,500
Max Sale Price:
$690,000
Med Sale Price:
$295,500
Mar 2026
Sales:
28
Avg $ Per SqFt:
$154.04
Min Sale Price:
$61,000
Max Sale Price:
$755,000
Med Sale Price:
$303,000
Feb 2026
Sales:
13
Avg $ Per SqFt:
$153.81
Min Sale Price:
$625
Max Sale Price:
$422,500
Med Sale Price:
$260,000
Jan 2026
Sales:
18
Avg $ Per SqFt:
$163.86
Min Sale Price:
$105,000
Max Sale Price:
$385,000
Med Sale Price:
$281,950
Dec 2025
Sales:
11
Avg $ Per SqFt:
$175.73
Min Sale Price:
$180,000
Max Sale Price:
$735,000
Med Sale Price:
$260,000
Nov 2025
Sales:
21
Avg $ Per SqFt:
$174.25
Min Sale Price:
$45,000
Max Sale Price:
$1,550,000
Med Sale Price:
$251,000
Oct 2025
Sales:
32
Avg $ Per SqFt:
$153.84
Min Sale Price:
$28,000
Max Sale Price:
$550,000
Med Sale Price:
$278,750
MLS Number: 7129070
Hailey M. Warner – (507) 210-1625 – hailey.warnergroup@gmail.com
Listings courtesy of Northstar MLS as distributed by MLS GRID.
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MLS Number: 7129070
Hailey M. Warner – (507) 210-1625 – hailey.warnergroup@gmail.com