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415 S State St
Fairmont, MN 56031
Land For Sale
·
0.74 AC


INVESTMENT HIGHLIGHTS
- Redevelopment Opportunity (TIF)
- High Visibility and Neighboring National Retailers
- Adjacent Back lot for Expansion/Development
- Cleared Lot and Tanks Removed
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.74 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C1 - Commerical | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.74 AC |
| Opportunity Zone |
Yes |
| Zoning | C1 - Commerical |
1 LOT AVAILABLE
Lot 1
| Price | $449,313 CAD | Lot Size | 0.74 AC |
| Price Per AC | $607,179.08 CAD |
| Price | $449,313 CAD |
| Price Per AC | $607,179.08 CAD |
| Lot Size | 0.74 AC |
Located in Fairmont, MN, near a lighted intersection, this former gas station is situated along South State Street/Hwy 15. Just minutes from I-90.
DESCRIPTION
This 0.74-acre commercial lot presents an exceptional redevelopment opportunity in a high-visibility corridor. Formerly the site of a gas station, the property has been fully cleared. Tanks, structures, and equipment removed, leaving the site development-ready. Zoned for commercial use, the lot is well-suited for a variety of projects, including professional services, hospitality, mixed-use, or a quick service restaurant (QSR). The property may also be eligible for the City’s Tax Increment Financing (TIF) program, creating additional incentives for redevelopment. With excellent visibility, strong traffic counts, and close proximity to national retailers, this site is ideally positioned for your next investment or development.
PROPERTY TAXES
| Parcel Number | 232510010 | Improvements Assessment | $0 CAD |
| Land Assessment | $361,320 CAD | Total Assessment | $361,320 CAD |
