2237 N State St - Convenience Store FOR SALE


Fairmont, MN 56031
$499,000 USD
507-625-4715
2237 N State St, Fairmont, MN for Sale
$499,000 USD
Convenience Store - FOR SALE
1/5
null | Request Cap Rate

2237 N State St
Fairmont, MN 56031


HIGHLIGHTS

  • Prime Location on Hwy 15 and I-90
  • High Traffic Counts
  • Option to Purchase Adjacent 2.36 Acres
  • Convenient Accessibility

OVERVIEW

Excellent opportunity to acquire a high-visibility 1.037 acre commercial property on State Highway 15 and Interstate 90 in Fairmont, MN. With over 215 feet of highway frontage and strong daily traffic counts, this site offers exceptional exposure and convenient access for both local and regional traffic. Located along a major corridor near I-90 and surrounded by national retailers and hospitality brands including McDonald’s, Hardee’s, Walmart, Super 8, Best Western, Hampton Inn, and Perkins, this property benefits from consistent consumer traffic and a strong commercial presence in the area. The site is ideally suited for a variety of uses, including a fuel station, convenience store, automotive business, light industrial operation, or full commercial redevelopment. With a level lot, existing building structure, and generous space for parking or expansion, the property offers flexibility for new owners. Its location along N State Street also makes it an excellent candidate for retail, service, or mixed-use development in a growing regional market. Additionally, the property directly behind it to the east, measuring 2.36 acres, is also available for sale, creating the potential for a larger combined site or expanded redevelopment opportunity.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$324 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

3A

APN/PARCEL ID

230371150

ASK ABOUT THIS PROPERTY

Dain FisherColdwell Banker Commercial Fisher GroupMore Info
507-625-4715

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Dain FisherColdwell Banker Commercial Fisher GroupMore Info
507-625-4715

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.