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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
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
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

PROPERTY TAXES

Parcel Number
232510010
Land Assessment
£173,386
Improvements Assessment
£792
Total Assessment
£174,178

zoning

Zoning Code C1 (Commerical)
C1 (Commerical)
  • Listing ID: 33509237

  • Date on Market: 14/10/2024

  • Last Updated:

  • Address: 415 S State St, Fairmont, MN 56031

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