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High-Visibility Commercial Property on Highway
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2237 N State Street, Fairmont, MN 56031

1.3-acre commercial property with highway frontage in Fairmont, MN.

Property Size1,540 SF
Days on Market333

Property Features for 2237 N State Street

General Information

Standard status Active
Size 1,540 SF
Property subtype Retail
Zoning 3A

Building Details

Building Size 1,540 SF
Year Built 1988
Listing Agency: Coldwell Banker Commercial Fisher Group
Listed By: Dain Fisher
Source: Cbcworldwide
Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 8 at 4:41AM

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 Coldwell Banker Commercial Fisher Group

Investment Insights

Based on property information with market context.

This 1.3-acre commercial property is located on State Highway 15 and Interstate 90 in Fairmont, MN. It features over 215 feet of highway frontage and benefits from strong daily traffic counts. The site is situated along a major corridor near I-90 and is surrounded by national retailers and hospitality brands, including McDonald’s, Hardee’s, Walmart, Super 8, Best Western, Hampton Inn, and Perkins. The property is suited for various uses, such as a fuel station, convenience store, automotive business, light industrial operation, or full commercial redevelopment. It features a level lot, an existing building structure, and space for parking or expansion. Its location along N State Street makes it suitable for retail, service, or mixed-use development.

Key Highlights

  • High‑visibility 1.3‑acre commercial property on State Highway 15 and Interstate 90.
  • Over 215 feet of highway frontage with strong daily traffic counts.
  • Located near I‑90 and surrounded by national retailers and hospitality brands.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Storage Facility Garden Center Locksmith Dental Office Grocery & Convenience Store

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

217
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 1.3-acre commercial property with highway frontage in Fairmont, MN.
Where is this retail space located?
The property is located at 2237 N State Street Fairmont, MN.
What are key features of this property?
This property features: High‑visibility 1.3‑acre commercial property on State Highway 15 and Interstate 90.; Over 215 feet of highway frontage with strong daily traffic counts.; Located near I‑90 and surrounded by national retailers and hospitality brands.
More about this property
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