415 S State St | Fairmont, MN 56031
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415 S State St
Fairmont, MN 56031
Land For Sale · 0.74 AC
Investment Highlights
- Redevelopment Opportunity (TIF)
- High Visibility and Neighboring National Retailers
- Adjacent Back lot for Expansion/Development
- Cleared Lot and Tanks Removed
Executive Summary
This prime commercial lot offers a fantastic development opportunity, featuring 0.74 acres of cleared land ready for retail, street retail, and many other potential uses. Previously occupied by a building that has now been removed, this property is zoned for commercial use, making it a versatile choice for investors. The adjacent back lot provides an attractive option for expansion or redevelopment, enhanced by high visibility and proximity to well-known national retailers. With all preparatory work completed, this property is ready for a seamless transition to your next project.
PROPERTY FACTS
Sale Type | Investment | Property Subtype | Commercial |
Sale Conditions | Development Sale | Proposed Use | Commercial |
No. Lots | 1 | Total Lot Size | 0.74 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Sale Type | Investment |
Sale Conditions | Development Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | Commercial |
Total Lot Size | 0.74 AC |
Opportunity Zone |
Yes |
1 Lot Available
Lot 1
Price | £257,426 | Lot Size | 0.74 AC |
Price Per AC | £347,873 |
Price | £257,426 |
Price Per AC | £347,873 |
Lot Size | 0.74 AC |
Located in Fairmont, MN, near a lighted intersection, this former gas station is situated along South State Street/Hwy 15. Just minutes from I-90.
PROPERTY TAXES
Parcel Number | 232510010 | Improvements Assessment | £792 |
Land Assessment | £173,386 | Total Assessment | £174,178 |
PROPERTY TAXES
Parcel Number
232510010
Land Assessment
£173,386
Improvements Assessment
£792
Total Assessment
£174,178
zoning
Zoning Code | C1 (Commerical) |
C1 (Commerical) |
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