Restaurants

Fairmont, MN Restaurants for Sale

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Restaurant with Coffee Lounge
Updated: Mar 29
Restaurant with Coffee Lounge

1500 S State Street, Fairmont, MN 56031

$899,900
1.44 AC lot
1.44‑acre restaurant property in Fairmont, Minnesota
Built in 2016
14 parking spaces plus overflow parking on the grass area to the south
Business/Commercial zoning
Restaurant menu includes frozen desserts, coffee, breakfast, pastries, sandwiches, salads, paninis, and wraps
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1 active listing matches your search: Restaurant for sale in Fairmont, MN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Drive-Through Restaurant Building
Drive-Through Restaurant Building

2209 Circle Drive W, Spirit Lake, IA 51360

$650,000
3,569 sqft 1.40 AC lot

Restaurant property with commercial kitchen infrastructure, cold storage, and a paved parking area.

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Storefront with Exposed Brick
Storefront with Exposed Brick

948 4th Avenue, Windom, MN 56101

$150,000
8,820 sqft

The vacant space has an open interior and a newly installed roof.

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Downtown Storefront with Pressed Tin Ceiling
Downtown Storefront with Pressed Tin Ceiling

948 4th Avenue, Windom, MN 56101

$150,000
0.14 AC lot

An open interior and upper-level space offer flexibility within this historic commercial building.

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Drive-Through Restaurant with Dual Lanes
Drive-Through Restaurant with Dual Lanes

604 18th St, Spirit Lake, IA 51360

Contact for pricing

A compact food-service space includes kitchen infrastructure and negotiable equipment for a new operator.

View details

Fairmont, MN Restaurants Market Trends and Statistics

Explore 1 restaurants for sale in Fairmont, MN on our real estate platform.

Sale prices for restaurant properties in Fairmont, MN average $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Breakfast & diners 1
Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 12K
Population Growth (5Y) -0.4%
Median Household Income $61,475
College Educated 35.0%

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $49.48 per SF
Average Loan-to-Value 65.0%

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