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    Mixed-Use Commercial and Residential Building Title is generated by Realmo AI

    101 2nd Street SE, Fairfax, MN 55332

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    Claim this Listing
    For Sale
    $62,900

    Commercial - Fairfax, MN

    Lot size:
    0.16 Acres
    Added:
    May 6, 2026
    Days on Market:
    50
    Last Refresh:
    Jun 24 at 12:06 pm

    Property Features for 101 2nd Street SE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business/Commercial,Residential-Multi-Family
    Parking features
    Garage, Garage - Detached
    Exterior features
    Brick/Stone
    Standard status
    Active
    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

    Building Details

    Year built
    1900
    Building materials
    Frame
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

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    Listing Contact
    Valerie Jean Stephens
    Valerie Jean Stephens

    Listing agent Valerie Jean Stephens

    Listing office Kerkhoff Auction & Real Estate 1500 East Bridge St., Redwood Falls, MN

    Listing date May 6, 2026

    MLS# 7068783 Listing URL

    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.

    HighLights

    • Commercial building with main floor space suitable for retail, office, or service‑based operations.
    • Spacious 3‑bedroom apartment for owner‑occupancy or rental income.
    • Large lot with detached garage provides ample parking, storage, or expansion potential.
    • Prime investment opportunity in the heart of Fairfax.
    • Equipped with central air cooling.
    • Exterior features brick/stone.

    Overview

    This mixed-use building combines flexible main-floor space with residential living upstairs. The first level is suited for retail, office, or service-based operations, while the second floor features a spacious 3-bedroom apartment with a full bath. The property is equipped with gas boiler heat and is supported by an on-site garage for additional storage and practical use.

    Located in Fairfax, the building sits on a 0.16-acre lot and is listed under zoning described as Business/Commercial and Residential-Multi-Family. The combination of commercial and residential components can support owner-occupancy with income, or a setup where separate portions are used as business space and rental housing.

    For tenants or buyers seeking a property with both operating and living options in one asset, this configuration offers a straightforward path to manage a commercial storefront or office/services use alongside an upstairs apartment. The on-site garage and lot size provide room for day-to-day needs tied to both occupants, making it a practical fit for an owner who wants to be closely involved in the property’s operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Live-work space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Building Supply Nail Salon Gym & Fitness Center Auto Repair Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfax
    County
    Renville
    State
    Minnesota
    Longitude
    -94.718299
    Latitude
    44.527542

    FAQs

    What type of property is this?
    Live-work space - Versatile main-floor commercial space with an upstairs 3-bedroom apartment, plus gas boiler heat and a garage on a large lot.
    Where is this live-work space 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: Commercial building with main floor space suitable for retail, office, or service‑based operations.; Spacious 3‑bedroom apartment for owner‑occupancy or rental income.; Large lot with detached garage provides ample parking, storage, or expansion potential.
    More about this property
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