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    OFF-MARKET
    Industrial properties

    805 10th St, Fairmont, MN 56031-3724

    8,974 SF 1.01 ac lot Built 1961
    Entity Owned ~ Est. High Equity
    Property ID
    US46-2780136
    Property summary
    AI-generated overview

    This exceptional business opportunity encompasses a thriving, 20+ year-old candle-making supply business and its accompanying warehouse building located at 805 E 10th Street, Fairmont, MN. The business boasts a loyal customer base spanning local and national markets, distinguished by its proprietary fragrance oils custom-blended for clients, a unique coconut wax formulation, and a comprehensive inventory of high-quality candle-making supplies. These supplies include soy wax, candle dyes, wicks, and various equipment. Prior candle-making experience is beneficial but not mandatory. Significant growth potential exists for expansion and market penetration. The sale includes all remaining inventory, valuable customer and vendor contact lists, a fully established website, proprietary formulas, a forklift with chargers, and comprehensive office equipment and fixtures. The substantial warehouse building features a convenient loading dock, a welcoming customer entryway, a smaller office, a larger room suitable for various uses, a breakroom, and two half-bathrooms. Ample storage space is available throughout, with concrete flooring in all areas. One section of the warehouse is climate-controlled (heated), while the other offers cold storage capabilities. Two additional lean-to structures provide further storage capacity. The property's total square footage is 8,974 square feet, situated on a 0-acre lot. The asking price for this turnkey operation is $469,900. This presents a rare opportunity to acquire a well-established, profitable business with significant upside potential.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1961
    Construction STEEL FRAME
    Total area 8,974 SF
    Lot 1.01 ac (43,865 SF)
    APN 23.154.0130
    UPID US46-2780136
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Northstar Country Candle Co Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Master Companies LLC
    Master Companies LLC
    since 2025
    Last sale
    $95,000
    4 recorded transactions
    2025
    $254,500
    2024
    2007
    $95,000
    2007
    $4,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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