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Active
$365,000
/mo Edit
Commercial:  Other
Built 1960
0.21 acres
Fairmont Area schools
MLS# 6505024
My rating:
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    Property Description

    Highly visible multi-purpose commercial building and 2 parcels of land for sale along the most traveled highway through the heart of Fairmont. This 4600 SF building features forced air/gas, central air, 2 entrances, large parking lot, 3 restrooms, kitchen and several office and group gathering areas. There is an additional parcel included in the purchase price for plenty of parking in this 11, 900 extra gravel lot. This parcel is zoned in the B-2 Central Business District area which is designed to provide for a broad range of retail or professional office use including a food market, banking, insurance, government/health/youth/education services, hair salon, day care, coffee shop/cafe/tavern and many more potential businesses. The district will also accommodate multi-family residential uses as well as limited light manufacturing. This property is located next to a variety of professional service businesses and banking institutions in one of the most prime commercial locations.

    Listing

    Contingency: None
    City: Fairmont
    County: Martin
    State: MN
    Property Style: Other
    Zip Code: 56031
    Subdivision Name: Fitchs

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Foundation Size: 4,600 ft2
    Foundation Dimensions: 92 x 50
    Handicap Accessible: Fully Wheelchair, Hallways 42"+
    Heating System: Forced Air
    Parking Features: Parking Lot
    Exterior Material:
    • Brick/Stone
    • Metal Siding

    Lot & Land

    Acres: 0.21
    Geolocation: 43.649543, -94.446834
    Inclusions: Building, Land
    Lot Dimensions: 183 x 50
    Addl Parcels: 231160040
    Zoning: Business/Commercial

    Schools

    School District: 2752
    District Phone: 507-238-4234

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: None
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $35

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Other
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of True Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.