411 S State Street Fairmont, MN $ 365,000
411 S State Street
$ 365,000
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411 S State Street

Fairmont, MN, 56031
$ 365,000
Baths0.0

Monthly Estimate*

$ 2,550

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Studio

Commercial Property for sale in Fairmont, MN

for $365,000. This building was built in 1960.

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, 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 retail stores, restaurants, professional service businesses and banking institutions in one of the most prime commercial use areas in all of Fairmont.

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Commercial Active

Price

$ 365,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Commercial

Year Built

1960

Town/City

Fairmont

County/Region

Martin

MLS | Web ID

7034466

Features
General
Heating Forced Air
Cooling Central
Roof Flat
Water City
Sewer City
Amenities Kitchen Area
Status Active ACTIVE
Year Built 1960
Road Frontage City Street County Highway
Subdivision MN
School District Fairmont Area #2752
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Exterior
Exterior Brick Metal
Waterfront No
Construction Type Concrete Block Poured Concrete
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Interior
Total Number of Units 1
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* Excluded Features
List By
True Commercial, Llc

Broker

april@truebusinessbrokerage.com

Email

Affordability Calculator

$2,550
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,550
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1357928 Elementary School
1357935 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$365,000 Listed Price

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411 S State Street, Fairmont, MN, 56031 is a Commercial Property for sale at $365,000. 411 S State Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 56031 which is in Fairmont, MN