728 Central AveFaribault, MN 55021

Property Details for 728 Central Ave

Year built

1952

Lot size

0.12 AC

Property size (Sq ft)

1,268 SF

Property type

Gas stations

APN

18.30.4.51.052

APU

1830451052

Description

This 1,268 sq ft commercial property at 728 Central Avenue N, Faribault, MN, presents a unique investment opportunity. Situated on a 0.12-acre corner lot, this solid concrete building boasts a recently installed (2024) rubber roof and heated floors. Previously operating as a full-service gas station, "Vintage Auto and Gas," the property includes two service bays equipped with an air compressor, tire changer, tire balancer, and a new lift. Two gas pumps are in place, and the underground tanks have recently passed inspection and are compliant with all regulations. The building also features a showroom/retail space, offering versatile potential for a variety of businesses. Imagine transforming this space into a motorcycle shop, boutique, coffee shop, or other retail establishment. While recently closed, the existing infrastructure makes reopening as a gas station straightforward. The property's location and existing features provide a strong foundation for a thriving business venture. The asking price is $199,900. This is a rare chance to acquire a well-maintained commercial property with significant upside potential in a desirable location. Don't miss this opportunity to own a piece of Faribault's commercial landscape.

Location Insight

City

Faribault

County

Rice

State

Minnesota

Latitude

44.2991

Longitude

-93.2688

CBSA code

22060

CBSA name

FARIBAULT-NORTHFIELD, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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