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Investment Highlights

  • 16-acre redevelopment opportunity with flexible commercial, residential, institutional, or mixed-use potential
  • Prime Fairfax location adjoining a city park with exceptional community amenities and strong redevelopment potential
  • Extensive existing infrastructure including classrooms, gymnasium, commercial kitchen, fiber internet, and numerous capital improvements

Executive Summary

An exceptional redevelopment and investment opportunity awaits with the former GFW Middle School, situated on approximately 16 acres in the heart of Fairfax. Built in 1978, this expansive vacant campus offers tremendous potential for commercial, institutional, residential, or mixed-use redevelopment, subject to applicable approvals. The existing building features substantial square footage with classrooms, offices, common areas, gymnasium space, commercial kitchen facilities, and supporting infrastructure ready to be reimagined. Numerous capital improvements have already been completed, including a 2019 digital HVAC controls upgrade, fiber internet installation, digital fire protection system, upgraded kitchen hoods, updated classroom heating controls, security camera system, key card front entry access, 2008 boiler pumps, and 2019 water heaters. Portions of the roof remain under a service contract for added value. The property also adjoins a city park with baseball fields, volleyball courts, a playground, basketball court, and community garden. Appraised at approximately $6,000,000 in 2024, this landmark property presents an extraordinary opportunity with exceptional infrastructure and endless redevelopment potential.

Property Facts

Price $2,802,100 CAD
Price Per SF $22.42 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Deferred Maintenance
Property Type Specialty
Property Subtype Schools
Building Class C
Lot Size 14.50 AC
Building Size 125,000 SF
No. Stories 1
Year Built 1978
Zoning Business/Commercial
Not walkable
10/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
31-01115-00
Land Assessment
$64,724 CAD
Improvements Assessment
$100,399 CAD
Total Assessment
$165,123 CAD
  • Listing ID: 41582940

  • Date on Market: 2026-08-06

  • Last Updated:

  • Address: 300 3rd Ave SE, Fairfax, MN 55332

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