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Mixed-Use Building with Offices
For Sale
$395,000

301 Downtown Plaza, Fairmont, MN 56031

Business/commercial zoning and an office-oriented layout support a range of commercial configurations.

Property Size20,988 SF
Price / SF$18.82
Days on Market9

Property Features for 301 Downtown Plaza

General Information

Standard status Active
Size 20,988 SF
Property subtype Commercial
Zoning Business/Commercial

Additional Details

Corner Location Yes
Property Use Office

Taxes and HOA fees

Annual Taxes $1,228

Building Details

Building Size 20,988 SF
Year Built 1947
Buildings 1
Units 5
Listing Agency: RE/MAX TOTAL REALTY
Listed By: Vonnie Cone
Source: Getyoumoved
Added: Oct 22 Changed: Oct 25 Last Checked: Oct 29 at 11:26PM

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.

At 301 Downtown Plaza in Fairmont, this mixed-use commercial building contains 20,988 square feet, with approximately 6,900 square feet on each level. Multiple offices and restrooms are distributed throughout the property, and the building occupies a corner lot. Constructed in 1947, it is zoned Business/Commercial.

Key Highlights

  • 20,988 square feet of building area
  • Approximately 6,900 square feet per level
  • Multiple offices and restrooms throughout

Property Analytics

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Open Analytics

Current Use

Gary Oliver - Thrivent Financial Advisor David R. Rynders, ... Counselor Thrivent Financial-Lutherans Insurance Agency Scott Fuhrman - Thrivent Financial Advisor

Suggested Use

Top Pick HVAC Service Daycare Center Computer & Electronic Repair Locksmith Skin Care Clinic Kitchen & Bath Showroom

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

476
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Business/commercial zoning and an office-oriented layout support a range of commercial configurations.
Where is this mixed-use property located?
The property is located at 301 Downtown Plaza Fairmont, MN.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 20,988 square feet of building area; Approximately 6,900 square feet per level; Multiple offices and restrooms throughout
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