New Construction Commercial Shop
For Sale
Contact for pricing
700 Armstrong Dr, Fairmont, MN 56031
New construction commercial shop/warehouse space for sale or rent.
Property Size9,600 SF
Price / SF$22.92
Days on Market716
Property Features for 700 Armstrong Dr
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Industrial
Building Details
Year Built
2024
Units
76
Listing Agency:
NAI North Star
Listed By:
Daniel Sprague · License #MN 40809388
Source:
Crexi
Added: Sep 6, 2024
Changed: Aug 14
Last Checked: Aug 21 at 7:47AM
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 NAI North Star
Investment Insights
Based on property information with market context.
This new construction commercial shop, warehouse, or storage space is located within the city limits of Fairmont, Minnesota, offering convenient access to Interstate 90. The maximum contiguous space available is 60 feet deep by 160 feet wide, totaling 9,600 square feet. This space can be divided and sold to meet specific square footage requirements, ranging from 1,960 to 9,600 square feet. All units are available for purchase as condos or for rent with flexible terms. Each unit includes separately metered utilities, including water, natural gas, electricity, and sewer. Build-to-suit options are available. The property is conveniently located within city limits on the west side of Fairmont, 1.5 miles south of a major interchange on I-90. Situated within the Fairmont Industrial Park near Interstate 90, the site provides efficient regional connectivity for logistics, warehousing, fabrication, distribution, and trade operations. This property is suitable for various uses, including industrial condo, flex space, contractor bay, warehouse shop, and light industrial applications, offering an owner-user opportunity.
Key Highlights
- New construction commercial space with flexible sizing options from 1,960 to 9,600 sq ft.
- Convenient location within Fairmont city limits with easy access to Interstate 90.
- Available for purchase (condos) or rent with flexible terms.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - New construction commercial shop/warehouse space for sale or rent.
Where is this flex space located?
The property is located at 700 Armstrong Dr Fairmont, MN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: New construction commercial space with flexible sizing options from 1,960 to 9,600 sq ft.; Convenient location within Fairmont city limits with easy access to Interstate 90.; Available for purchase (condos) or rent with flexible terms.
