700 Armstrong Drive S # 100 Fairmont, MN $ 220,000
700 Armstrong Drive S # 100
$ 220,000
New Construction
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700 Armstrong Drive S # 100

Fairmont, MN, 56031
$ 220,000
Bedrooms-- Baths-- Sq 1,920

Monthly Estimate*

$ 1,519

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Commercial Property for sale in Fairmont, MN

for $220,000. This 1,920 square foot building was built in 2024 on a lot size of 12.16.

What is a shop condo? Use it 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. Schedule a showing to learn more and see how this can be the ready solution for business or personal use.

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Commercial Active

Price

$ 220,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

12.16

Year Built

2024

Town/City

Fairmont

County/Region

Martin

MLS | Web ID

6654443

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling None
Utilities Electric Separate Heating Separate
Roof Metal
Appliances None
Garage Spaces 1
Pool Features None
Construction Materials Concrete Steel Siding
Year Built 2024
Tenant Pays All Utilities Common Area Maintenance
Topography Level
Levels One
Unit Number 100
Tax Year 2025
Current Use Commercial Storage Facility
Accessibility Other
County Martin
New Construction Y
Property Type Commercial Sale
Contingency None
Subdivision Name Fairmont Industrial Pk 12th Ad
Possible Use Other Professional Service Shop Warehouse
Directions From the intersection of Bixby Rd (190th Ave /Co Rd 39) and Lake Ave (Co. Rd. 26/120th St) go west 1/2 mile to Armstrong Dr S. Turn left to property.
City Fairmont
High School District Fairmont Area Schools
Zoning Description Business/Commercial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement None
Basement (Y/N) N
Ceiling Height 16-20
Foundation Dimensions 60x32
Fuel Natural Gas
Garage Door Width 14
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Exterior
Fencing None
Parking Features Asphalt Floor Drain Garage Door Opener Other Parking Lot Paved Lot Storage
Lot Features Underground Utilities
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 12.16
Building Area Total 1920
Lot Dimensions 270 x 165
Waterfront Y/N N
Foundation Area 1920
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Re/Max Total Realty

Broker

pauld@midco.net

Email

Affordability Calculator

$1,519
Per Month
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Monthly Principal & Interest
$1,519
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3048826 Elementary School
3048512 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/30/2025$220,000 Listed Price

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700 Armstrong Drive S # 100, Fairmont, MN, 56031 is a Commercial Property for sale at $220,000 with 1,920 sqft and a lot size of 12.16. 700 Armstrong Drive S # 100 was built in 2024. The property's zip code is 56031 which is in Fairmont, MN