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Heated Warehouse with Compressed Air
For Sale
$5,365,000

710 N State St, Fairmont, MN 56031

Heated warehouse and existing compressed air system are in place to support immediate manufacturing operations.

Property Size145,000 SF
Price / SF$37
Days on Market110

Property Features for 710 N State St

General Information

Standard status Active
Size 145,000 SF
Property subtype Industrial
Listing Agency: Minneapolis - St. Paul
Listed By: Andy Lubinski
Source: Colliers
Added: May 14 Changed: Aug 8 Last Checked: Aug 30 at 1:00PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Minneapolis - St. Paul

Investment Insights

Based on property information with market context.

This industrial manufacturing property includes a heated warehouse with manufacturing infrastructure already in place, including an existing compressed air system intended to support immediate operational use. The property also includes excess land that, according to the provided remarks, may support future expansion options.

The asset is located at 710 N State St, Fairmont, MN 56031. The public remarks also highlight the location’s access to a skilled labor pool, with an opportunity to hire and retain experienced workforce upon plant closure.

Overall, the site is positioned to accommodate current manufacturing needs with in-place utilities, while providing additional land for potential expansion planning.

Key Highlights

  • Heated warehouse manufacturing infrastructure is in place to support immediate operations
  • Existing compressed air system supports immediate manufacturing use
  • Excess land may provide expansion options

Property Analytics

Current Use

3M Fairmont Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Restaurant Gym & Fitness Center Kitchen & Bath Showroom Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 56031, MN

12,117
Population
5,771
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
156.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,373
Median Household Income
$43,168
Median Earnings
$719
Median Rent
$175,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Heated warehouse and existing compressed air system are in place to support immediate manufacturing operations.
Where is this manufacturing property located?
The property is located at 710 N State St Fairmont, MN.
What is the asking price?
The asking price for this property is $5,365,000.
What are key features of this property?
This property features: Heated warehouse manufacturing infrastructure is in place to support immediate operations; Existing compressed air system supports immediate manufacturing use; Excess land may provide expansion options
More about this property
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