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    111 Dorothy St Fairmont, MN 56031
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    Property profile & analytics

    111 Dorothy St Fairmont, MN 56031


    • Commercial real estate
    • 7,166 SF
    • 1.60 lot acres
    Fairmont Multi-Unit Property Investment For Sale
    $400,000
    7,166 SF

    Fairmont Multi-Unit Property Investment

    Nine-unit complex, 7,166 sq ft, 1.6 acres

    111 Dorothy St, Fairmont, MN 56031
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    Property ID
    US46-2406233
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    • 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.


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    Location Insight

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    City
    Fairmont
    County
    Martin
    State
    Minnesota
    Longitude
    -94.46069
    Latitude
    43.61373
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