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Flex Space with Heated Storage

2421 Albion Ave, Fairmont, MN 56031

For Sale
New
$289,000

The building includes roughly 600 square feet of finished office area and two restrooms, one with accessible features.

Property Size3,300 SF
Price / SF$87.58
Days on Market6

Property Features for 2421 Albion Ave

General Information

Standard status Active
Size 3,300 SF
Zoning industrial B-1

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Office Build-Out 600 SF
Currently Operating Yes
Property Use Office and Warehouse

Taxes and HOA fees

Annual Taxes $2,326
Listing Agency: RE/MAX TOTAL REALTY
Listed By: Paul Determan
Source: Exprealty
Added: Nov 2 Changed: Nov 4 Last Checked: Nov 6 at 9:17AM

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 RE/MAX TOTAL REALTY

Rey
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Investment Insights

Based on property information with market context.

This 3,300-square-foot flex property combines office space with warehouse and storage areas. Approximately 600 square feet is finished for office use, with additional area that could be finished. The building has two restrooms, including one with accessible features, and a wheelchair ramp at the front entrance. A separate area at the south end has radiant ceiling-mounted heat and a floor drain. An overhead door connects the south and north portions of the building and includes fusible links for fire closure. The steel roof was installed in fall 2013.

A fenced backyard provides space for storing trailers or vehicles. The property is zoned Industrial B-1 and is located at the south end of Fairmont, Minnesota.

Key Highlights

  • 3,300‑square‑foot flex property with office, warehouse, and storage areas
  • Approximately 600 square feet of finished office space
  • Separate heated storage area has a floor drain

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Detco Industries Inc Factory

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Restaurant Garden Center Furniture & Home Goods

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

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Flex space - The building includes roughly 600 square feet of finished office area and two restrooms, one with accessible features.
Where is this flex space located?
The property is located at 2421 Albion Ave Fairmont, MN.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 3,300‑square‑foot flex property with office, warehouse, and storage areas; Approximately 600 square feet of finished office space; Separate heated storage area has a floor drain
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