For Sale: Faribault MLS# 7128246
Active
NEW!
$239,000
Commercial: 2 Stories
Built 1916
0.083 acres
Faribault schools
MLS# 7128246
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Property Description
Once home to the beloved Java Live Coffee Shop, this iconic downtown building is ready for its next chapter! Located on one of the most desirable blocks of Faribault’s historic downtown, this full-building opportunity offers incredible visibility, character, and potential from front to back. The main level, once filled with coffee, conversation, and community, is now a wide-open space ready to be reimagined. Create a storefront, restaurant, boutique, gallery, office, gathering space-or bring an entirely new concept to life. With a prime Main Street location and the charm of a historic downtown building, there is so much opportunity here. Upstairs, the second level has been completely gutted, giving you a true blank slate to design from the ground up. Envision two spacious apartments, short- or long-term rental opportunities, or one incredible front-to-back downtown loft. With access from both the front and rear of the building, the layout offers added flexibility for future use.
Whether you're an investor, entrepreneur, developer, or someone who has always dreamed of owning a piece of downtown Faribault, this is an opportunity to take a building with a meaningful history and give it new life. History. Location. Character. Potential. Bring your ideas and make this downtown landmark part of Faribault’s next chapter.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$239,000
Property Type:
Commercial
City:
Faribault
Garage Spaces:
0
County:
Rice
Year Built:
1916
State:
MN
Property Style:
2 Stories
Zip Code:
55021
Subdivision Name:
City/Faribault
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
2,673 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Unassigned
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.083
Geolocation:
44.2943336619, -93.2754141852
Inclusions:
Building
Lot Dimensions:
22 x 165
Zoning:
Business/Commercial
Schools
School District:
656
District Phone:
5073336016
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,682
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,682
Units
Total Units:
3
Miscellaneous
Current Use:
Vacant
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.