2307 N State Street Fairmont, MN ^$ 1,200,000

2307 N State Street

^$ 1,200,000

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2307 N State Street

Fairmont, MN, 56031

^$ 1,200,000

Studio Baths0.0 Sq 5,840

Monthly Estimate*

^$ 7,976

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Studio

Commercial Property for sale in Fairmont, MN

for $1,200,000. This 5,840 square foot building was built in 1983 on a lot size of 4.94.

What an amazing property!!!! The main shop is heated for use in the cold months. This would make an awesome trucking business, truck stop or gas station. The offices are there. The truck wash is there and plenty of storage room and parking space. Located right next to Interstate 90.

Commercial Pending

Price

^$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,255

Style

Business

Lot Size

4.94

Year Built

1983

Town/City

Fairmont

County/Region

Martin

MLS | Web ID

6393245

Features

General

Sewer City Sewer/Connected

Heating Other

Cooling Central Air

Utilities Electric Common Heating Common

Garage Spaces 0

Construction Materials Steel Siding

Year Built 1983

Property SubType Business

Tax Year 2023

Current Use Commercial

Accessibility None

County Martin

Property Type Commercial Sale

Contingency None

Directions From Highway 15 turn on 135th Street heading west and property is on the south side of the road.

City Fairmont

Buyer Agent Compensation 1.80

High School District Fairmont Area Schools

Zoning Description Business/Commercial Industrial

Total Units 3

Street Name State

Land Lease Y/N N

Tax Annual Amount 11255

Additional Parcels Y/N N

Days on Market 162

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features Gravel

Water Source City Water/Connected

Inclusions Building

Lot Size Area 4.94

Building Area Total 5840

Lot Dimensions 4.37

Lot Size Units Acres

Foundation Area 5840

Road Frontage Type City Street Paved Streets

Interior

Basement (Y/N) N

Street Suffix Street

Fuel Natural Gas

Internal Only

Street Number 1 2307

* Excluded Features

List By

Cavers Realty Inc

Broker

cavers@frontiernet.net

Affordability Calculator

$8,913

Per Month

Monthly Principal & Interest: $7,976
Monthly Property Taxes: $938
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Fairmont, MN

Average List Price ^$422,125

Percent of Sale Price 65%

About Fairmont, MN

10,479 Population

-3% Since 2002

^$48,742 Median Income

44.67 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048826 Elementary School

3048512 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/27/2023	$1,200,000		Listed Price

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2307 N State Street, Fairmont, MN, 56031 is a Commercial Property for sale at $1,200,000 with 5,840 sqft and a lot size of 4.94. 2307 N State Street is a studio with 0.0 baths and was built in 1983. The property's zip code is 56031 which is in Fairmont, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/23/2024.

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2307 N State Street

Commercial Property for sale in Fairmont, MN

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