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32784360
32784364

40 Downtown Plaza, Fairmont, MN 56031 For Sale

KG
MN 95340
RE/MAX Results
Listed by RE/MAX Results
$595,000
60 days on market
Updated 60 days ago

40/42 DOWNTOWN PLZ FAIRMONT MN 56031

Details
APN 23.269.0200
Property Type Mixed Use
Square Footage 7,200
Tenancy Multi
Year Built 1946
Year Renovated 2026
Buildings 1
Stories 1
Lot Size (SqFt) 7,200
Zoning comm/mixed
Investment Type Value Add
Ground Lease No

Value add mixed use

Marketing description

Commercial mixed-use investment opportunity in the heart of Downtown Fairmont, MN. This two-story concrete and brick building is approximately 7,200 sq. ft. per level. It offers a strong value-add potential with existing income and leasing upside. The main level includes a new nail salon. It features high-end TI and equipment. The is also a 5677 sq. ft. warehouse/flex space on the main level with one drive-in overhead door. The second floor consists of ten apartments plus a common laundry area. This creates an attractive mix of residential and commercial income streams. Positioned in a prime downtown location, this property offers investors the opportunity to increase occupancy and maximize returns. Call Kev today for a private tour!

Investment highlights

Location! Location! Location!

Walk to everything downtown.

One block to Ward park on the Lake Sisseton.

Great signage and visibility!

5600 plus sq. ft. of garage/shop/warehouse

10 apartments

Nail salon build out in 2026

Listing Contacts

KG
MN 95340
RE/MAX Results
Listed by RE/MAX Results

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