Property summary
This exceptional commercial property, located at 1105 N State Street in Fairmont, Minnesota, presents a remarkable investment opportunity. Boasting a substantial 26,600 square feet of space, this property sits on a generous 2.47-acre lot, offering ample room for expansion, development, or diverse uses. The building's current configuration is adaptable and presents significant potential for a variety of commercial ventures. Its strategic location in Fairmont provides excellent visibility and accessibility, making it an ideal site for businesses seeking a strong presence in the community. The asking price of $4,000 represents an exceptional value for a property of this size and potential. This is a rare chance to acquire a large-scale commercial property in a desirable location at an incredibly competitive price. The expansive footprint and ample land provide significant flexibility for future development and customization to meet specific business needs. Serious inquiries are encouraged to explore the possibilities this property offers. Don't miss this opportunity to secure a valuable asset with significant upside potential. The property is ready for immediate occupancy and offers a blank canvas for your business vision.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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