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700 Armstrong Dr 1,920 sq ft Industrial Unit Offered at £164,567 in Fairmont, MN 56031
INVESTMENT HIGHLIGHTS
- Three bays that are each 1960 SF measuring 60' deep and 32' wide.
- Each unit has a service door and a 14' x 14' overhead door with an electric opener to accommodate a wide variety of vehicles.
- Located in the Fairmont Industrial Park within the city limits and easy access to I-90.
EXECUTIVE SUMMARY
This property has three bays that are each 1960 SF measuring 60' deep and 32' wide. Located in the Fairmont Industrial Park within the city limits and easy access to I-90. Hard surface roads and approaches in front of the entire building to ensure your space stays cleaner. Each unit has a service door, a 14' x 14' overhead door with an electric opener to accommodate a wide variety of vehicles, floor drains with a flammable waste trap, and air exchangers.
PROPERTY FACTS
| Total Property Size | 9,600 sq ft | Typical Floor Size | 9,600 sq ft |
| Property Type | Industrial (Unit) | Year Built | 2024 |
| Property Subtype | Service | Tenancy | Single |
| Costar Property Class | B | Total Plot Size | 3.79 ac |
| Floors | 1 | Parking Allocation | 1.56/1,000 sq ft |
| Use Class | Industrial - Industrial with business potential for commercial business such as plumbing, electrical company or similar. Not for retail sales.1 | ||
| Total Property Size | 9,600 sq ft |
| Property Type | Industrial (Unit) |
| Property Subtype | Service |
| Costar Property Class | B |
| Floors | 1 |
| Typical Floor Size | 9,600 sq ft |
| Year Built | 2024 |
| Tenancy | Single |
| Total Plot Size | 3.79 ac |
| Parking Allocation | 1.56/1,000 sq ft |
| Use Class | Industrial - Industrial with business potential for commercial business such as plumbing, electrical company or similar. Not for retail sales.1 |
AMENITIES
- Floor Drains
- Storage Space
- Fiber Optic Internet
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 UNIT AVAILABLE
Unit 1
| Unit Size | 1,920 sq ft | Unit Use | Industrial |
| Price | £164,567 | Sale Type | Owner Occupier |
| Price Per sq ft | £85.71 | Sale Conditions | High Vacancy Property, Shell Core |
| Unit Size | 1,920 sq ft |
| Price | £164,567 |
| Price Per sq ft | £85.71 |
| Unit Use | Industrial |
| Sale Type | Owner Occupier |
| Sale Conditions | High Vacancy Property, Shell Core |
DESCRIPTION
A shop condo can be used for a commercial business or your own personal dream garage. Looking for space to operate your commercial business? These shop condos are the perfect solution! Use them individually for your business or combine two or more to create an industrial “strip mall”. All units have separately metered utilities including natural gas, water/sewer and electricity. Each unit has a service door, 14’ x 14’ overhead door with electric opener to accommodate any size vehicle, floor drains with flammable waste trap and air exchangers. Fiber optics available. Hard surface in front of the entire building for delivery trucks to load and unload. If you are looking for your own personal storage facility with the option of turning it into a dream garage/showroom for your vehicles or a get-away day retreat, then this is what you have been waiting for. Customize any of these units with a restroom, mezzanine, kitchenette and add a big screen TV or golf simulator and entertain your friends. Anything that you’ve ever wanted to have at home but don’t have the space. Find a friend or two and split the cost. Whether you are looking to own or rent, you have the flexibility to do either. If purchased you would own your own unit just as you would a residential condominium with HOA dues which cover ground maintenance, snow removal, exterior insurance and some utilities. Units available from 1960 sq ft up to 9600 sq ft and more units to be built in future phases. The largest continuous space is 60’ deep X 160’ wide. The first building is completed with 3 units still available at 1960 sq ft each measuring 60’ deep X 32’ wide. Located in the Fairmont Industrial Park within the city limits and easy access to I-90. Hard surface roads and approaches in front of entire building to ensure your space stays cleaner. Schedule a showing to learn more and see how this can be the ready solution for business or personal use.
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700 Armstrong Dr
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