Fairmont, MN Commercial Real Estate for Sale

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Automotive Flex Building with Signage
Updated: Jun 11
Automotive Flex Building with Signage

1100 North State Street, Fairmont, MN 56031

$599,900
15,000 sqft · 1.00 AC lot
Two‑building commercial property on approx. one acre along Hwy 15/State Street in Fairmont, MN, totaling approx. 10,000 SF plus a 5,000‑SF pole building
Pre‑engineered steel frame main building includes steel siding and roofing, with heated and air‑conditioned office/showroom and shop areas
Main building rear includes a service shop with overhead door and an engine crane for automotive, marine, powersports, or equipment‑related operations
5,000‑SF pole building features a concrete floor, electricity, two overhead doors, and approx. 16‑foot sidewall height for warehouse, storage, service, or inventory
Front retail showroom includes a wall of display windows, with prominent building signage and a large pylon sign for exposure to passing traffic
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Shell Gas Station Investment Opportunity
Updated: May 26
Shell Gas Station Investment Opportunity

1552 Albion Avenue, Fairmont, MN 56031

$971,429
1,992 sqft
Long‑term absolute‑NNN lease with approximately 19 years remaining, providing stable, passive income.
Secured by KeyStone Retail and Affiliates, a 39‑unit operator with a proven track record.
Located in Fairmont's primary commercial trade area with strong visibility and immediate proximity to Interstate 90.
Benefits from consistent traffic generated by surrounding residential neighborhoods, agricultural operations, and regional employers.
Features 2% annual rent increases, enhancing investment returns.
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Minnesota Lakefront Resort For Sale
Minnesota Lakefront Resort For Sale

2410 Albion Ave, Fairmont, MN 56031

$595,000
4,104 sqft

Resort with cabins and boat rentals, 11.47% cap rate.

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High-Visibility Commercial Property Near I-90
High-Visibility Commercial Property Near I-90

2237 N State St, Fairmont, MN 56031

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1,540 sqft · 1.31 AC lot

1.3 acre commercial property with highway frontage near I-90.

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Former Starbucks with Drive-Thru
Former Starbucks with Drive-Thru

1140 Torgerson Drive, Fairmont, MN 56031

$619,000
0.77 AC lot

Versatile building, previously Starbucks, suitable for various retail uses.

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Commercial Land on Highway 90
Commercial Land on Highway 90

1250 Goemann Rd, Fairmont, MN

$240,000
1.47 AC lot

1.47 acres of commercial land with highway access.

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Prime Land I-90 Frontage
Prime Land I-90 Frontage

N State St & I-90, Fairmont, MN

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2.36 AC lot

2.36-acre commercial land with high visibility on I-90.

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Redevelopment Opportunity in High-Visibility Corridor
Redevelopment Opportunity in High-Visibility Corridor

415 State Street S., Fairmont, MN 56031

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0.74-acre commercial lot ready for redevelopment in Fairmont, MN.

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Prime Land Investment Opportunity
Prime Land Investment Opportunity

Hwy 90 & N State Street, Fairmont, MN 56031

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3 sqft

3.59-acre commercial land with highway visibility in Fairmont, MN.

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Prime Land I-90 Frontage
Prime Land I-90 Frontage

Hwy 90 & N State Street, Fairmont, MN 56031

$400,000
2.36 AC lot

2.36-acre commercial land with high visibility on I-90.

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New Construction Commercial Shop Space
New Construction Commercial Shop Space

700 Armstrong Dr, Fairmont, MN 56031

$220,000
9,600 sqft

New construction commercial shop/warehouse space for sale or rent.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

1211 N State St, Fairmont, MN

Contact for pricing
3.33 AC lot

3.33-acre commercial land parcel in Fairmont, Minnesota.

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Commercial Land Near Highway 15
Commercial Land Near Highway 15

901 W Margaret W Street, Fairmont, MN 56031

$75,000
57,702 sqft · 1.32 AC lot

Commercial land suitable for office, shop, or garage development.

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Walmart Outlot Land For Sale
Walmart Outlot Land For Sale

1250 Goemann Rd (Pad 1), Fairmont, MN 56031

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1.08 AC lot

1.08 acre commercial land available as Walmart outlot.

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Walmart Outlot Land For Sale
Walmart Outlot Land For Sale

1250 Goemann Rd (Pad 2), Fairmont, MN 56031

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1.47 AC lot

1.47 acre commercial land available as Walmart outlot.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Office Building on Highway
Renovated Office Building on Highway

618 S Main Street, Winnebago, MN 56098

$350,000
3,500 sqft

High-visibility commercial property with upscale finishes and highway frontage.

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Established Restaurant with Drive-Thru
Established Restaurant with Drive-Thru

1130 Giant Drive, Blue Earth, MN 56013

$600,000

Profitable Dairy Queen franchise with drive-thru and indoor seating.

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Farmland with Pattern-Tiled Cropland
Farmland with Pattern-Tiled Cropland

300th Ave, Winnebago, MN 56098

$770,000
80.00 AC lot

80-acre deeded tract with certified tillable acres, pattern-tiled drainage, and timber for recreational hunting use.

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150,400 SF Manufacturing/Distribution Facility
150,400 SF Manufacturing/Distribution Facility

1930 W 1st St, Blue Earth, MN

Contact for pricing
150,400 sqft · 11.29 AC lot

Large industrial facility with expansion potential in Blue Earth, MN.

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Off-Market Properties in Fairmont, MN

Consider similar Off-Market properties in Fairmont, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1223 Lk Ave
COMMERCIAL (GENERAL)

1223 Lk Ave, Fairmont, MN 56031-1942

Value Estimation by Request
4,115 sqft · 0.53 AC lot
View details
108 5th St
COMMERCIAL (GENERAL)

108 5th St, Fairmont, MN 56031-2701

Value Estimation by Request
1,860 sqft · 0.04 AC lot
View details
1235 Hwy 15th S
COMMERCIAL (GENERAL)

1235 Hwy 15th S, Fairmont, MN 56031-4461

Value Estimation by Request
1,900 sqft · 0.94 AC lot
View details
911 Orient St
INDUSTRIAL (GENERAL)

911 Orient St, Fairmont, MN 56031

Value Estimation by Request
6,880 sqft · 0.49 AC lot
View details
1317 State St
COMMERCIAL (GENERAL)

1317 State St, Fairmont, MN 56031-3749

Value Estimation by Request
1,283 sqft · 0.43 AC lot
View details
1317 State St
COMMERCIAL (GENERAL)

1317 State St, Fairmont, MN 56031-3749

Value Estimation by Request
4,360 sqft · 0.49 AC lot
View details
822 Blue Earth Ave
COMMERCIAL (GENERAL)

822 Blue Earth Ave, Fairmont, MN 56031-4034

Value Estimation by Request
0.19 AC lot
View details
1326 Blue Earth Ave
COMMERCIAL (GENERAL)

1326 Blue Earth Ave, Fairmont, MN 56031-4254

Value Estimation by Request
728 sqft · 0.26 AC lot
View details
601 Pr Ave
COMMERCIAL (GENERAL)

601 Pr Ave, Fairmont, MN 56031-2739

Value Estimation by Request
11,695 sqft · 0.53 AC lot
View details

Fairmont, MN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Fairmont, MN, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 102,366 square feet of properties for sale, with an estimated market value of $3,792,281.

Sale prices for business properties in Fairmont, MN start at $75,000, averaging $632,046, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 12K
Population Growth (5Y) -0.4%
Median Household Income $61,475
College Educated 35.0%

High-Yield Neighborhoods for Investment

Identify Fairmont submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
56031 $557K

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $49.48 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Fairmont fall within the 50,000 to 100,000 square foot range.

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