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$399,900 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,800 Sq. Ft.
  • 0.106 Acres
  • Updated 20 hours ago
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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.

Full Property Details for 409 Central Ave N

General

  • Price: $399,900
  • Taxes: $6,908 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7042874
  • Updated: 3/26/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Parking

  • Parking Features: Parking Lot

Location

  • County: Rice
  • Township: Faribault
  • Subdivision: Town/Faribault
  • Driving Directions: From Lyndale take HWY 60/4th Street NW to Central head North. Property is on your right.

School Information

  • School District: 2145 - Faribault
  • High School District: Faribault

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Heating Separate, Hot Water Separate

Structural Information

  • Basement Desc.: Crawlspace
  • Foundation Size: 4600
  • Ceiling Height: Over 20
  • Disability Access: Doors 36"+, No Stairs External
  • Square Feet: 5,800
  • Finished Down/Base.: 5,800 Sq. Ft.
  • Current Bldg. Use: Recreational
  • Year Built: 1920

Lot Features

  • Lot Size (Acres): 0.106
  • Lot Dimensions: 47 x 100
  • Frontage: City Street
  • Potential Use: Office, Professional Service, Restaurant, Retail, Shop, Warehouse, Income, Lounge/Bar
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $6,908
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: W100FT S46.50FT N48FT L9 B33 ORIG TOWN FBLT
  • Inclusions: Building
  • Property ID: 1831126184

Listed by AXEN Realty

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Listing agent

— 409 Central Ave N —

  • AXEN Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 409 Central Ave N

School District:Faribault Public School District
NameGradesDistance
Lincoln Elementary School, Faribault, MN
510 Lincoln Avenue Northwest, Faribault, MN 55021
K-51 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-81.8 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 409 Central Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Price Increased
$399,900
14.26%
MLS
3/25/2026
Listed
$350,000
—
MLS
6/08/2022
Sold
$350,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 409 Central Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,148
17%
$317,300
16%
2024
$6,084
9%
$273,300
—
2023
$5,578
—
$273,300
14%
2021
$5,578
-3%
$239,400
-5%
2023
$5,734
6%
$252,300
14%
2020
$5,414
6%
$221,300
14%
2019
$5,108
8%
$194,100
9%
2018
$4,726
-11%
$178,000
4%
2017
$5,324
9%
$170,500
10%
2016
$4,896
-15%
$154,600
8%
2015
$5,744
20%
$143,800
—
2014
$4,776
-17%
$143,800
—
2013
$5,754
—
$143,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by AXEN Realty

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409 Central Avenue N, Faribault, MN 55021 (MLS# 7042874) is a Commercial property. 409 Central Avenue N is currently listed for $399,900 and was received on March 25, 2026. Want to learn more about 409 Central Avenue N? Do you have questions about finding other Commercial real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.

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