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Commercial > Retail
Sold
07/15/2022
Sold Price
$1,940,000$834/ft²

229 N Central Ave
Faribault, MN 55021

  • -
    Bed
  • -
    Bath
  • 2,325
    ft²
    Living Area
  • 3,278
    ft²
    Lot Size
  • -
    Pool
  • -
    Car
  • 1895
    Year Built
  • -
    DOM
  • -
    Permit
Malobo BannerMalobo Banner Square
229 N Central Ave, Faribault, MN 55021 is a 2,325 ft² commercial retail property property built in 1895 on a 0.075 acre lot. This commercial retail property is currently off market, and it was last sold in 2022 for $1,940,000.

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2024$3,698.00
      From latest Total Assessed Value1.68%
      Total Assessed Value$220,500
      =
      Land
      Assessed Value      $37,800
      +
      Additions
      Assessed Value      $182,700

      • In 2024, taxes billed for 229 N Central Ave were $3,698, which is 1.68% from latest Total Assessed Value of $220,500.

    Property History

    229 N Central Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 229 N Central Ave

    • Hazard Risks

      Hail
      106
      Carb Mono
      103
      Nat'l Avg
      100
      Ozone
      83
      Air Pollution
      82
      Lead
      80
      Tornado
      78
      Particulates
      72
      Wind
      44
      Weather
      36
      Earthquake
      11
      Hurricane
      0

      • 11 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 229 N Central Ave.

      Walkability Index

      13 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      229 N Central Ave has a walkability score of 13 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      17 °F

      Low

      7°F

      High

      26°F

      Summer
      Average

      70 °F

      Low

      58°F

      High

      81°F

      In the winter at 229 N Central Ave, temperatures range from 7.23°F to 26.1°F with an average of 16.67°F. In the summer, the temperature ranges from 57.99°F to 81.27°F with and average of 69.63°F.

    School Information

    Public/private schools serving 229 N Central Ave

      Public Schools

      Roosevelt Elementary School
      Grades: PK-5
      0.86  mi
      C-
      Faribault Senior High School
      Grades: 9-12
      0.98  mi
      D
      Faribault Middle School
      Grades: 6-8
      1.67  mi
      D
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 229 N Central Ave have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in Faribault.

      Crime Index for 55021

      102

      Above national average
      102

      The crime index in 55021 is 102, which is 1.0 times higher than national average.

    • Seasonal Housing units 55021

      39%

      of housing is for seasonal rent.

      Daytime Population for 55021

      -6%

      of people during work hours.

    Market Trends

    Historical market data near 229 N Central Ave over selected time period.

    Nearby Properties on Central Ave

    USAMNRice CountyFaribaultCentral Ave