Mixed-Use Commercial
For Sale
$62,900
101 2nd Street SE, Fairfax, MN 55332
Commercial Sale, Fairfax, MN
Property SizeContact for details
Lot Size0.16 Acres
Days on Market117
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
Exterior features
Brick/Stone
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
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) 644-8433
Added: May 6
Changed: Aug 27
Last Checked: Aug 30 at 2:06PM
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 separate residential level above. The lower space is suited to retail, office, or service operations, while the upstairs residence includes 3 bedrooms and a full bathroom. Central air serves the building, which was constructed in 1900 and features brick/stone exterior elements, frame construction, and a shingle roof.
The property occupies 0.16 acres at 101 2nd Street SE in Fairfax, Minnesota. A detached garage adds enclosed space for parking or storage, and the lot provides additional outdoor area associated with the building. The commercial and residential components create a combination of business-use and apartment space within one property.
The property occupies 0.16 acres at 101 2nd Street SE in Fairfax, Minnesota. A detached garage adds enclosed space for parking or storage, and the lot provides additional outdoor area associated with the building. The commercial and residential components create a combination of business-use and apartment space within one property.
Key Highlights
- Main‑floor commercial area with retail, office, or service‑use potential
- Upstairs apartment includes 3 bedrooms and a full bath
- 0.16‑acre lot at 101 2nd Street SE, Fairfax, MN 55332
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Main-floor business space sits below a three-bedroom apartment with a full bath and central air.
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 area with retail, office, or service‑use potential; Upstairs apartment includes 3 bedrooms and a full bath; 0.16‑acre lot at 101 2nd Street SE, Fairfax, MN 55332
