111 Dorothy St Fairmont, MN 56031
- Commercial real estate
- 7,166 SF
- 1.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 111 Dorothy St
- Year built
- 1977
- Lot size
- 1.60 lot acres
- Property size
- 7,166 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two substantial buildings situated on a spacious 1.6-acre lot in Fairmont, Minnesota. The property boasts a total of 7,166 square feet of well-maintained space, housing nine individual units. Each unit offers comfortable living arrangements, with a range of two to four bedrooms, resulting in a total of 26 bedrooms across the entire complex. The property's versatility is further enhanced by the inclusion of a fully equipped commercial kitchen, perfect for catering or food service operations. A dedicated conference room and ample office space provide additional functionality, ideal for a variety of business ventures. Maintenance is simplified with an oversized two-car garage, providing ample storage and workshop space. A large parking lot ensures convenient parking for residents and guests. The property also features a significant amount of undeveloped green space, presenting exciting possibilities for future expansion or landscaping projects. Its prime location near Highway 15 offers easy access to major transportation routes, while the mature trees and proximity to Hall Lake provide a tranquil and desirable setting. This property is a rare find, offering significant potential for both immediate income generation and long-term growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairmont
- County
- Martin
- State
- Minnesota
- Longitude
- -94.46069
- Latitude
- 43.61373
