New Listing

Listing Tools

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.

Property Details of 118 1st Avenue NE

Property Details

Utilities and Appliances

Community

Map Location

Driving Directions

Listed by James E. Barta of RE/MAX Experts

  Based on information submitted to MLS Grid / NORTHSTAR as of May 15, 2026 11:07 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from CENTURY 21 Atwood. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.