Flex Space

Fairmont, MN Flex Space 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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Mixed-Use Downtown Building
Updated: May 20
Mixed-Use Downtown Building

40 Downtown Plaza, Fairmont, MN 56031

Contact for pricing
7,200 sqft
Two‑story concrete and brick mixed‑use building (1946) in Downtown Fairmont, MN
Approx. 7,200 SF per level for a total approximate building size of 14,400 SF
Main level includes a new nail salon plus high‑end TI and equipment
Main level also features a 5,677 SF warehouse/flex space with one drive‑in overhead door
Second floor has ten apartments and a common laundry area
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Shop Condo with Overhead Door
Shop Condo with Overhead Door

700 Armstrong Drive S #100, Fairmont, MN 56031

$220,000
1,920 sqft

Individually metered shop condo with 14' overhead door, service door, and truck-loading hard-surface front.

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New Construction Commercial Shop Space
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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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Fairmont, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Renovated Office Flex Buildings
Renovated Office Flex Buildings

2216 15th, Spirit Lake, IA 51360

$799,900

Updated front office suites connect to a renovated rear warehouse with large overhead doors and parking.

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Mankato Flex Space For Lease
Mankato Flex Space For Lease

3025 Evergreen Trl, Mankato, MN

Contact for pricing
1,800 sqft 9.50 AC lot

Industrial, mixed-use units available for lease or sale.

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Customizable Storage Flex Units
Customizable Storage Flex Units

3156 18th Street, Spirit Lake, IA 51360

$160,000

Under-construction four-unit flex storage building includes insulated, steel-lined interiors with 14' x 14' overhead doors.

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Garage Condo Flex Warehouse
Garage Condo Flex Warehouse

3028-C Evergreen Trail, Mankato, MN 56001

Contact for pricing

All-steel flex warehouse condo with 18' front and 16' back ceilings, insulated shell, and a 12' overhead door.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Parcel with Highway Access
Commercial Land Parcel with Highway Access

TBD #2 Adams Street, Mankato, MN 56001

$1,687,598
16.21 AC lot

16.21-acre parcel with frontage along a four-lane highway and the Adams Street extension for commercial or light industrial use.

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Waterloo Commercial Land For Sale
Waterloo Commercial Land For Sale

3455 Marnie Avenue lot: 2, Waterloo, IA 50701

$802,593
3.35 AC lot

Commercial land with flexible zoning and development options in Waterloo.

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Waterloo Commercial Land For Sale
Waterloo Commercial Land For Sale

3423 Marnie Avenue lot: 1, Waterloo, IA 50701

$479,160
2.00 AC lot

Commercial land available for design/build project in Waterloo, Iowa.

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Industrial Land Ready to Build
Industrial Land Ready to Build

TBD Lot 4 Waida Road, Winona, MN 55987

$200,000
7.67 AC lot

Re-zoned industrial and service/distribution lots in a business park with driveway access from WAIDA Road.

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Fairmont, MN Flex Space Market Trends and Statistics

Explore 4 flex space for sale in Fairmont, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 33,720 square feet of properties for sale, with an estimated market value of $819,900.

Sale prices for business spaces in Fairmont, MN start at $220,000, averaging $409,950, and reaching up to $599,900 — 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

Commercial property segments ranked by active listings on the market

Flex space 5
Manufacturing properties 1

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 $410K

Taxes & Financing

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

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