Fairmont, MN Commercial Real Estate for Sale

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Updated: Sep 10

Flexible Commercial Space with Storage

927 10th Street E, Fairmont, MN 56031

$430,000

Two separate storefront areas with dedicated entrances and business spaces
Approximately 1,200 square feet in the south‑facing storefront
Second commercial area measures approximately 80' x 50'
Three storage bays with overhead doors; two have working heat sources
South storefront lease runs through November 2027

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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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Marathon Gas Station NNN Lease

307 N State St, Fairmont, MN 56031

$1,545,776

4,272 sqft

Marathon-branded gas station and Quick Mart offered on an absolute NNN lease with 19 years remaining.

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Industrial Flex Shop Condo

700 Armstrong Dr S Unit 100, Fairmont, MN 56031

$220,000

1,920 sqft

Shop condo units offer separately metered utilities and overhead vehicle access.

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Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

Contact for pricing

7,200 sqft

Two-story concrete and brick building with a main-level nail salon, warehouse/flex space, and second-floor apartments.

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Minnesota Lakefront Resort For Sale

2410 Albion Ave, Fairmont, MN 56031

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4,104 sqft

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

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High-Visibility Commercial Property on Highway

2237 N State Street, Fairmont, MN 56031

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2 sqft

1.3-acre commercial property with highway frontage in Fairmont, MN.

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Heated Warehouse with Compressed Air

710 N State St, Fairmont, MN 56031

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145,000 sqft

Heated warehouse and existing compressed air system are in place to support immediate manufacturing operations.

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Five Industrial Warehouses For Sale

1131 Indus St, Fairmont, MN

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13,968 sqft 6.13 AC lot

Five recently built industrial warehouses in thriving industrial park.

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Commercial Land Parcel

1240 Gemini Dr, Fairmont, MN 56031

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Commercial land offering positioned near established national and regional retailers in southern Minnesota.

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Industrial Shop and Warehouse Condos

700 Armstrong Dr, Fairmont, MN 56031

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1,960 sqft

New construction industrial shop/warehouse space offers divisible sizes up to 9,600 square feet with separately metered utilities.

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New Construction Commercial Shop Space

700 Armstrong Dr, Fairmont, MN 56031

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9,600 sqft

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

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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 13 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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 Brick Office Building

618 Main St S, Winnebago, MN 56098

$350,000

3,500 sqft

Renovated interior includes private offices, conference space, reception, and a kitchen.

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14-Room Assisted Living Facility

311 S Nicollet Street, Blue Earth, MN 56013

Contact for pricing

5,720 sqft

Purpose-built layout includes private room amenities, accessible circulation, commercial kitchen facilities, and multiple covered entry points.

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Agricultural Land with Timber

300th Ave, Winnebago, MN 56098

$770,000

80.00 AC lot

Pattern-tiled cropland is paired with mature timber and habitat for deer, pheasants, and wild turkeys.

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Manufacturing Facility with Loading Docks

1930 W 1st St, Blue Earth, MN 56013

Contact for pricing

150,400 sqft 11.29 AC lot

The light-industrial site is positioned for manufacturing, warehousing, or mixed-use development.

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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.

COMMERCIAL (GENERAL)

1223 Lk Ave, Fairmont, MN 56031-1942

Estimated value:

$175,000

4,115 sqft 0.53 AC lot

View details

COMMERCIAL (GENERAL)

108 5th St, Fairmont, MN 56031-2701

Estimated value:

$65,000

1,860 sqft 0.04 AC lot

View details

COMMERCIAL (GENERAL)

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

Estimated value:

$215,000

1,900 sqft 0.94 AC lot

View details

INDUSTRIAL (GENERAL)

911 Orient St, Fairmont, MN 56031

Estimated value:

$300,000

6,880 sqft 0.49 AC lot

View details

COMMERCIAL (GENERAL)

1317 State St, Fairmont, MN 56031-3749

Estimated value:

$470,000

1,283 sqft 0.43 AC lot

View details

COMMERCIAL (GENERAL)

1317 State St, Fairmont, MN 56031-3749

Estimated value:

$470,000

4,360 sqft 0.49 AC lot

View details

COMMERCIAL (GENERAL)

822 Blue Earth Ave, Fairmont, MN 56031-4034

Estimated value:

$50,000

0.19 AC lot

View details

COMMERCIAL (GENERAL)

1326 Blue Earth Ave, Fairmont, MN 56031-4254

Estimated value:

$80,000

728 sqft 0.26 AC lot

View details

COMMERCIAL (GENERAL)

601 Pr Ave, Fairmont, MN 56031-2739

Estimated value:

$235,000

11,695 sqft 0.53 AC lot

View details

VACANT COMMERCIAL LAND

519 Pr Ave, Fairmont, MN 56031-2737

Estimated value:

$235,000

0.18 AC lot

View details

VACANT COMMERCIAL LAND

1600 Incinerator Rd, Fairmont, MN 56031

Estimated value:

$95,000

15.56 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 13 active listings on our real estate platform. These investment opportunities span a total of 203,026 square feet of properties for sale, with an estimated market value of $2,795,676.

Sale prices for business properties in Fairmont, MN start at $220,000, averaging $698,919, and reaching up to $1,545,776 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Fairmont, MN CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$698.9K

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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Fairmont, MN Commercial Real Estate for Sale

927 10th Street E, Fairmont, MN 56031

1100 North State Street, Fairmont, MN 56031

307 N State St, Fairmont, MN 56031

700 Armstrong Dr S Unit 100, Fairmont, MN 56031

40 Downtown Plaza, Fairmont, MN 56031

2410 Albion Ave, Fairmont, MN 56031

2237 N State Street, Fairmont, MN 56031

710 N State St, Fairmont, MN 56031

1131 Indus St, Fairmont, MN

1240 Gemini Dr, Fairmont, MN 56031

700 Armstrong Dr, Fairmont, MN 56031

700 Armstrong Dr, Fairmont, MN 56031

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

Opportunities in Nearby Cities

618 Main St S, Winnebago, MN 56098

311 S Nicollet Street, Blue Earth, MN 56013

300th Ave, Winnebago, MN 56098

1930 W 1st St, Blue Earth, MN 56013

Off-Market Properties in Fairmont, MN

1223 Lk Ave, Fairmont, MN 56031-1942

108 5th St, Fairmont, MN 56031-2701

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

911 Orient St, Fairmont, MN 56031

1317 State St, Fairmont, MN 56031-3749

1317 State St, Fairmont, MN 56031-3749

822 Blue Earth Ave, Fairmont, MN 56031-4034

1326 Blue Earth Ave, Fairmont, MN 56031-4254

601 Pr Ave, Fairmont, MN 56031-2739

519 Pr Ave, Fairmont, MN 56031-2737

1600 Incinerator Rd, Fairmont, MN 56031

Fairmont, MN Commercial Real Estate Market Trends and Statistics

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Property Size Breakdown

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