Fairfax, MN
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    Fairfax, MN Conventional Restaurants for Sale

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    Sleepy Eye, MN Hector, MN Buffalo Lake, MN
    Downtown Fairfax Commercial Building
    $47,500
    0.08 Acres

    Downtown Fairfax Commercial Building

    127 1st Street SE, Fairfax, MN 55332

    Charming commercial building in downtown Fairfax with versatile spaces.

    • Prime downtown Fairfax location
    • Versatile main level suitable for retail or business
    • Includes a kitchen, storage, and baking room
    • Upper level apartment (requires TLC)
    • Lower level offers ample storage space
    Updated: Feb 3
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairfax, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Saint Joseph Retail Building
    $595,000
    2,937 SF

    Downtown Saint Joseph Retail Building

    Retail building with restaurant buildout and income-producing tenant.

    14 College Ave N, Saint Joseph, MN 56374
    View details
    Turnkey Restaurant and Bar Opportunity
    $675,000
    4,564 SF

    Turnkey Restaurant and Bar Opportunity

    Established restaurant and bar with loyal customer base and lake views.

    406 9th St NE, Waseca, MN
    View details
    Prime Corner Location with Lofts
    $1,200,000
    4,350 SF

    Prime Corner Location with Lofts

    Highly visible corner location in downtown Saint Joseph, Minnesota.

    7 E Minnesota St, Saint Joseph, MN 56374
    View details
    Turnkey Restaurant Bar on Lakeshore
    $675,000
    4,564 SF

    Turnkey Restaurant Bar on Lakeshore

    Established restaurant and bar with 130' of lakeshore.

    406 9th St NE, Waseca, MN 56093
    View details

    Fairfax, MN Conventional Restaurants Investment Opportunities Market Analysis

    Explore 1 conventional restaurants for sale in Fairfax, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $47,500.

    Sale prices for conventional restaurants in Fairfax, MN start at $47,500, averaging $47,500, and reaching up to $47,500 — 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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    Top Commercial Asset Segments

    Conventional restaurants 1

    Demographics Overview

    Population 1,714
    Population Growth (5Y) +3.8%
    Median Household Income $58,177
    College Educated 14.0%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    55332 $47.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.16%
    Property Tax per SF $0.99 per sq ft
    Tax Rate vs County Average 0.21 pp below county avg
    Average Loan-to-Value 65.0%

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