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RE/MAX Experts is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Joy+Marci Realty Group is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Joy+Marci Realty Group, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":555663,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST7071760","MLSAGENTID":"NST503501014","MLSCOAGENTID":"NST506012108","MLSOFFICEID":"NST3594","ADDRESS":"118 1st Avenue NE","ACRES":0.25,"AGENTOWNER":false,"AUCTIONYN":false,"BASEMENT":"None","BATHSTOTAL":0.0,"BEDROOMS":0.0,"CITY":"Faribault","CONTINGENCY":"None","COUNTY":"Rice","CURRENTUSE":"Commercial,Office,Professional Service","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"FORECLOSURE":"No","LASTPRICE":850000.0,"LASTPRICEDATE":"2026-05-12T03:59:07.083","LATITUDE":44.29196,"LENDEROWNED":"No","LISTDATE":"2026-05-11T05:00:00","LISTPRICE":850000.0,"LIVINGAREA":6450.0,"LONGITUDE":-93.26723,"MODIFICATIONTIMESTAMP":"2026-05-12T15:29:06.807","OFFICE_OFFICENAME":"RE/MAX Experts","PHOTOCOUNT":1,"POSTALCODE":"55021","POTENTIALSHORTSALE":"No","PRESENTUSE":"Yearly","PUBLICREMARKS":"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.","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Flat","SALEINCLUDES":"Building,Leases","SCHOOLDISTRICTNUMBER":"656-Faribault","SCHOOLDISTRICTPHONE":"5073336016","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2026-05-12T03:59:07.083","LASTSTATUS":"Active","STREETDIRSUFFIX":"NE","STREETNAME":"1st","STREETNUMBER":"118","STREETSUFFIX":"Avenue","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1900,"ZONING":"Business/Commercial","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2026-05-12T03:59:07.082","PHOTOORDER":"1","SOURCE":"MG_NST"}
{"ListingKey":"NST7899675","AccessibilityFeatures":"Grab Bars In Bathroom,Hallways 42\"+,No Stairs Internal,Wheelchair Ramp(s)","AdditionalParcelsYN":"False","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","Basement":"None","BasementYN":"False","BathroomsTotalInteger":"0","BedroomsTotal":"0","BuildingAreaTotal":"6450","CumulativeDaysOnMarket":"0","City":"Faribault","PossibleUse":"Office,Other,Professional Service,Retail,Diversified","NST_RefrigeratorNum":"One","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","Cooling":"Central Air","CountyOrParish":"Rice","CurrentUse":"Commercial,Office,Professional Service","Directions":"From I-35 southbound from the Twin Cities, MN-60 exit. Continue east on MN-60/4th Street NW into Faribault. Turn right onto 1st Avenue NE.","DocumentsCount":"2","DocumentsChangeTimestamp":"2026-05-12T14:25:12.672Z","DaysOnMarket":"0","FoundationArea":"6450","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","GarageSpaces":"0","Heating":"Forced Air","HighSchoolDistrict":"Faribault","NST_ForeclosureStatus":"No","Inclusions":"Building,Leases","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"True","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.29196","NST_LenderOwned":"No","Levels":"One","ListPrice":"850000","ListingContractDate":"2026-05-11T05:00:00Z","ListingId":"NST7071760","LockBoxType":"Combo","Longitude":"-93.26723","LotSizeArea":"0.25","LotSizeDimensions":"10,890 SF","LotSizeUnits":"Acres","NumberOfUnitsTotal":"10","OriginalEntryTimestamp":"2026-05-11T22:58:52Z","NST_OwnerOccupied":"Yes","ParcelNumber":"1831126485","ParkingFeatures":"Guest Parking,Other,Parking Lot,Paved Lot,Open","PhotosCount":"1","PhotosChangeTimestamp":"2026-05-12T03:59:07.082Z","PostalCity":"Faribault","PostalCode":"55021","NST_PotentialShortSale":"No","NST_PowerCompanyName":"Xcel Energy","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"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.","RoadFrontageType":"City Street,Paved Streets","RoadResponsibility":"Public Maintained Road","Roof":"Flat","NST_SchoolDistrictNumber":"656","NST_SchoolDistrictPhone":"5073336016","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"NE","StreetName":"1st","StreetNumber":"118","StreetNumberNumeric":"118","StreetSuffix":"Avenue","SubdivisionName":"City/Faribault","TaxAnnualAmount":"12862","NST_TaxWithAssessments":"13222","TaxYear":"2026","TenantPays":"Electricity,Gas,Insurance,Maintenance,Other,Snow Removal,Taxes,Trash Collection,Water","Township":"Faribault","Utilities":"Electric Common,Heating Common,Hot Water Common","VideosCount":"0","WaterSource":"City Water/Connected","YearBuilt":"1900","ZoningDescription":"Business/Commercial","CoListAgentKey":"NST102846","CoListAgentMlsId":"NST506012108","CoListOfficeName":"RE/MAX Experts","ListAgentKey":"NST48534","ListAgentMlsId":"NST503501014","ListOfficeMlsId":"NST3594","ListOfficeName":"RE/MAX Experts","ListOfficeKey":"NST15677","ModificationTimestamp":"2026-05-12T15:29:06.807Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7899675\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7899675/2cdab82d-8c34-47cc-8cb2-a3d2528eb529.jpeg\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"ImageWidth\":1376,\"ImageHeight\":768,\"ImageSizeDescription\":\"1376x768\",\"MediaModificationTimestamp\":\"2026-05-12T03:59:06.214Z\",\"MediaKey\":\"NST122149551\"}]","Media__ResourceRecordKey":"NST7899675","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7899675/2cdab82d-8c34-47cc-8cb2-a3d2528eb529.jpeg","Media__Order":"1","Media__MediaObjectID":"NST1","Media__ImageWidth":"1376","Media__ImageHeight":"768","Media__ImageSizeDescription":"1376x768","Media__MediaModificationTimestamp":"5/12/2026 3:59:06 AM","Media__MediaKey":"NST122149551","UnitTypes":"[{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"104\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21393\",\"UnitTypeActualRent\":2153},{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"105\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21394\",\"UnitTypeActualRent\":0},{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"106\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21395\",\"UnitTypeActualRent\":0},{\"NST_LeaseExpirationDt\":\"2026-06-30\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"107\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21396\",\"UnitTypeActualRent\":550},{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"108\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21397\",\"UnitTypeActualRent\":0},{\"NST_LeaseExpirationDt\":\"2026-12-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"152\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21398\",\"UnitTypeActualRent\":1300},{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"153\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21399\",\"UnitTypeActualRent\":1200},{\"NST_LeaseExpirationDt\":\"2026-06-30\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"154\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21400\",\"UnitTypeActualRent\":550},{\"NST_LeaseExpirationDt\":\"2026-08-31\",\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"155\",\"NST_UnitIsLeased\":\"Yes\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21401\",\"UnitTypeActualRent\":0},{\"UnitTypeBathsTotal\":0,\"NST_UnitNumber\":\"156\",\"NST_UnitIsLeased\":\"No\",\"NST_UnitLevel\":\"Main Level\",\"NST_UnitRoomsTotal\":1,\"UnitTypeKey\":\"NST21402\",\"UnitTypeActualRent\":0}]","UnitTypes__NST_LeaseExpirationDt":"2026-08-31","UnitTypes__UnitTypeBathsTotal":"0","UnitTypes__NST_UnitNumber":"104","UnitTypes__NST_UnitIsLeased":"Yes","UnitTypes__NST_UnitLevel":"Main Level","UnitTypes__NST_UnitRoomsTotal":"1","UnitTypes__UnitTypeKey":"NST21393","UnitTypes__UnitTypeActualRent":"2153","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"","PhotoOrder":"1","CustomVTourURL":""}