Mixed-Use Building with
For Sale
Under Contract
$62,900
101 2nd Street SE, Fairfax, MN 55332
Commercial Sale, Fairfax, MN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market146
Property Features for 101 2nd Street SE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business/Commercial, Residential-Multi-Family
Parking features
Garage - Detached
Subdivision
Original
High school district
G.F.W.
Directions
From Hwy 19 in Fairfax, turn east onto 2nd St, then go 3 blocks and property is on the right side of road
Standard status
Active Under Contract
APN
310057000
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1072
Utilities
Heating system
Oil
Cooling system
Central Air
Amenities
garage
Building Details
Year built
1900
Building materials
Frame
Roof type
Shingle
Listing Agency:
Kerkhoff Auction & Real Estate
(507) 644-8433
Listed By:
Valerie Jean Stephens
(507) 640-2839
Added: May 6
Changed: Sep 21
Last Checked: Sep 28 at 2:06AM
MLS# 7068783
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial area on the main floor with a three-bedroom apartment and full bath above. The lower level is suited to retail, office, or service-related use, while the residential component provides a separate living arrangement within the same building.
The property occupies 0.16 acres and includes a detached garage for parking or storage. Built in 1900, the frame structure has central air conditioning and a shingle roof. Its configuration brings commercial and residential space together in one property.
The property occupies 0.16 acres and includes a detached garage for parking or storage. Built in 1900, the frame structure has central air conditioning and a shingle roof. Its configuration brings commercial and residential space together in one property.
Key Highlights
- Main‑floor commercial space for retail, office, or service use
- Upstairs 3‑bedroom apartment with full bath
- 0.16‑acre lot
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
144
Businesses Nearby
Explore this area
Business Placement
Demographics for 55332, MN
1,838
Population
773
Households
2.4
Avg Household Size
45
Median Age
12%
College-Educated
86%
High-School Grad
114.3 sq mi
ZIP Area
16
Density / Sq Mi
$58,177
Median Household Income
$34,943
Median Earnings
$447
Median Rent
$135,800
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-level commercial space is paired with an upstairs three-bedroom apartment and detached garage.
Where is this mixed-use property located?
The property is located at 101 2nd Street SE Fairfax, MN.
What is the asking price?
The asking price for this property is $62,900.
What are key features of this property?
This property features: Main‑floor commercial space for retail, office, or service use; Upstairs 3‑bedroom apartment with full bath; 0.16‑acre lot
