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Heated Warehouse with Compressed Air
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710 N State St, Fairmont, MN 56031

Heated warehouse and existing compressed air system are in place to support immediate manufacturing operations.

Property Size145,000 SF
Price / SF$37
Days on Market171

Property Features for 710 N State St

General Information

Standard status Active
Size 145,000 SF
Property subtype Industrial

Building Details

Year Built 1950
Listing Agency: Colliers - Minneapolis - St. Paul, Minnesota
Listed By: Andy Lubinski · License #MN
Source: Crexi
Added: May 6 Changed: Oct 20 Last Checked: Oct 20 at 8:09PM

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 Colliers - Minneapolis - St. Paul, Minnesota

Rey
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Investment Insights

Based on property information with market context.

This industrial manufacturing property includes a heated warehouse with manufacturing infrastructure already in place, including an existing compressed air system intended to support immediate operational use. The property also includes excess land that, according to the provided remarks, may support future expansion options.

The asset is located at 710 N State St, Fairmont, MN 56031. The public remarks also highlight the location’s access to a skilled labor pool, with an opportunity to hire and retain experienced workforce upon plant closure.

Overall, the site is positioned to accommodate current manufacturing needs with in-place utilities, while providing additional land for potential expansion planning.

Key Highlights

  • Heated warehouse manufacturing infrastructure is in place to support immediate operations
  • Existing compressed air system supports immediate manufacturing use
  • Excess land may provide expansion options

Property Analytics

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

Current Use

3M Fairmont Industrial Manufacturer

Suggested Use

Top Pick HVAC Service Real Estate Agency Restaurant Gym & Fitness Center Kitchen & Bath Showroom Law Firm

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

306
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
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?
Manufacturing property - Heated warehouse and existing compressed air system are in place to support immediate manufacturing operations.
Where is this manufacturing property located?
The property is located at 710 N State St Fairmont, MN.
What is the asking price?
The asking price for this property is $5,365,000.
What are key features of this property?
This property features: Heated warehouse manufacturing infrastructure is in place to support immediate operations; Existing compressed air system supports immediate manufacturing use; Excess land may provide expansion options
(952) 221-8067 Call to check price and availability
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