$239,000
$290,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
116 W 1st ST Fairmont, MN 56031
5 Beds
5 Baths
6,577 Sqft Lot
Key Details
Sold Price $239,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Village/Fairmont
MLS Listing ID 6802546
Sold Date 02/27/26
Bedrooms 5
Year Built 1945
Annual Tax Amount $3,442
Tax Year 2025
Contingent None
Lot Size 6,577 Sqft
Lot Dimensions 32x104
Property Description
This downtown building is located in the heart of it all! There are currently 3 apartments upstairs along with a laundry room for all tenants to share. The main floor has been separated into two spaces. The front of the building has a large lobby area, 2 offices, and a 1/2 bath. The back of the building includes 3 offices, full bath, and kitchen / break room area. The owners are currently living in the back half of the main floor but with the removal of a door it could be put back into one large space. The tenants pay for all utilities except water. The owner pays for the water.
Location
State MN
County Martin
Zoning Business/Commercial
Rooms
Basement Block, Unfinished
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features On-Street Parking Only, Parking Lot
Utilities Available Electric Separate, Heating Separate
Roof Type Rubber
Present Use Other
Building
Story Two
Foundation 1800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Fairmont Area Schools
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