$365,000
Fairmont, MN 56031
MLS# 6505024
1 / 12
Property Description
Highly visible multi-purpose commercial building and 2 parcels of land for sale along the most traveled highway through the heart of Fairmont. This 4600 SF building features forced air/gas, central air, 2 entrances, large parking lot, 3 restrooms, kitchen and several office and group gathering areas. There is an additional parcel included in the purchase price for plenty of parking in this 11,900 extra gravel lot. This parcel is zoned in the B-2 Central Business District area which is designed to provide for a broad range of retail or professional office use including a food market, banking, insurance, government/health/youth/education services, hair salon, day care, coffee shop/cafe/tavern and many more potential businesses. The district will also accommodate multi-family residential uses as well as limited light manufacturing. This property is located next to a variety of professional service businesses and banking institutions in one of the most prime commercial locations.
Details
Maps
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $365,000
Contingency: None
ListPrice: 365000
List Date: 2024-03-15
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Owner Occupied: Yes
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 4600
For Sale or Lease: For Sale
Acres: 0.2
Lot Dimensions: 183 x 50
Location, Tax and Other Information
Legal Description: FITCH'S LOT-001 BLOCK-002 S50'
Listing City: Fairmont
Map Page: 999
Municipality: Fairmont
Rental License?: No
School District Phone: 507-238-4234
House Number: 411
Street Direction Prefix: S
Street Name: State
Street Suffix: Street
Postal City: Fairmont
County: Martin
State: MN
Zip Code: 56031
Zip Plus 4: 1702
Property ID Number: 231160030
Complex/Dev/Subdivision: Fitchs
Tax Year: 2023
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Highly visible multi-purpose commercial building and 2 parcels of land for sale along the most traveled highway through the heart of Fairmont. This 4600 SF building features forced air/gas, central air, 2 entrances, large parking lot, 3 restrooms, kitchen and several office and group gathering areas. There is an additional parcel included in the purchase price for plenty of parking in this 11,900 extra gravel lot. This parcel is zoned in the B-2 Central Business District area which is designed to provide for a broad range of retail or professional office use including a food market, banking, insurance, government/health/youth/education services, hair salon, day care, coffee shop/cafe/tavern and many more potential businesses. The district will also accommodate multi-family residential uses as well as limited light manufacturing. This property is located next to a variety of professional service businesses and banking institutions in one of the most prime commercial locations.
Directions: Continue straight onto Hwy 15 S/N State St
Destination will be on the left
Additional Parcels Information
Property ID #2: 231160040
Assessments
Assessment Balance: 34.5
Tax With Assessments: 34.5
Basement
Foundation Dimensions: 92 x 50
Building Information
Building Finished SqFt: 4600
Building SqFt: 4600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 1
Leased?: No
Unit Details
Total Units: 1
Property Features
Accessible: Fully Wheelchair; Hallways 42"+
CMU Style: Mixed Use; Office; Other
Construction Status: Previously Owned
Current Use: Other
Exterior: Brick/Stone; Metal
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Lock Box Type: Combo
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Parking Characteristics: Parking Lot
Potential Use: Diversified; Income; Office; Professional; Retail
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: True Real Estate
Last Updated: May - 07 - 2024
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