Industrial Flex Shop
For Sale
$220,000
700 Armstrong Dr S Unit 100, Fairmont, MN 56031
Shop condo units offer separately metered utilities and overhead vehicle access.
Property Size1,920 SF
Price / SF$114.58
Days on Market28
Property Features for 700 Armstrong Dr S Unit 100
General Information
Standard status
Active
Size
1,920 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Building Details
Year Built
2024
Listing Agency:
RE/MAX TOTAL REALTY
(507) 236-1214
Listed By:
Paul Determan
Source:
Tayloronken
Added: Aug 2
Changed: Aug 28
Last Checked: Aug 28 at 1:09PM
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
Investment Insights
Based on property information with market context.
This flex-space condominium property is designed for commercial operations, storage, or personal workspace. Each unit includes a service entrance, a 14-foot by 14-foot overhead door with an electric opener, floor drains with a flammable-waste trap, and air exchangers. Utilities are separately metered for natural gas, water and sewer, and electricity, while fiber optics are available. Units may be customized with features such as restrooms, mezzanines, kitchenettes, and showroom improvements.
A hard-surface area extends across the front of the building to support truck loading and unloading. The property is within Fairmont Industrial Park, inside the city limits of Fairmont, with access to I-90. The largest continuous configuration is 60 feet deep by 160 feet wide, and additional units are planned for future phases.
A hard-surface area extends across the front of the building to support truck loading and unloading. The property is within Fairmont Industrial Park, inside the city limits of Fairmont, with access to I-90. The largest continuous configuration is 60 feet deep by 160 feet wide, and additional units are planned for future phases.
Key Highlights
- 14‑foot by 14‑foot overhead door with electric opener
- Separately metered natural gas, water/sewer, and electricity
- Floor drains with flammable‑waste trap and air exchangers
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
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 - Shop condo units offer separately metered utilities and overhead vehicle access.
Where is this flex space located?
The property is located at 700 Armstrong Dr S Unit 100 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: 14‑foot by 14‑foot overhead door with electric opener; Separately metered natural gas, water/sewer, and electricity; Floor drains with flammable‑waste trap and air exchangers
