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    Fairmont, MN
    Health Care

    Fairmont, MN Healthcare Properties for Sale

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    Ceylon, MN Armstrong, IA Blue Earth, MN Sherburn, MN Swea City, IA Winnebago, MN Ormsby, MN Lakota, IA
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Fairmont, 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.

    Mixed-Use Building with Five Apartments
    Mixed-Use Building with Five Apartments

    235 - 237 Belgrade Ave, North Mankato, MN 56003

    $2,600,000
    7,846 sqft

    Main-level retail space currently serves as a skin and spa clinic, while upper floors contain modern residential units.

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    14-Room Assisted Living Facility
    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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    Assisted Living Facility with Private Rooms
    Assisted Living Facility with Private Rooms

    311 S Nicollet Street, Blue Earth, MN 56013

    $800,000

    Fourteen individually configured rooms include closets, baseboard heat, and private half baths.

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    Mixed-Use Property with Apartments
    Mixed-Use Property with Apartments

    237 Belgrade Ave, North Mankato, MN 56003

    Contact for pricing

    Existing medical spa space is paired with five apartments, offering a combination of commercial and residential income uses.

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    Fairmont, MN Healthcare Properties Market Trends and Statistics

    Explore 1 healthcare properties for sale in Fairmont, MN on our real estate platform. These investment opportunities span a total of 7,200 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Spa & wellness properties 1

    Demographics Overview

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

    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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