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Active
$250,000
/mo Edit
Commercial:  2 Stories
Built 1977
1.6 acres
MLS# 7002044
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    Property Description

    Opportunity awaits! 2 large buildings with over 14000 sq ft, maintenance garage, and a huge parking lot situated on 1.6 acres! Previously used as a group home, this property is vacant and ready for it's new owner; keep it as its current use or transform it into multi-family housing! There are 5 units, most without kitchens, and a large common kitchen in each building. Conveniently located close to Highway 15 and walking distance to Hall Lake! Rare opportunity at a great price point!

    Listing

    Contingency: None
    City: Fairmont
    County: Martin
    State: MN
    Property Style: 2 Stories
    Zip Code: 56031
    Subdivision Name: Stade Home

    Interior

    Flooring: Carpet, Luxury Vinyl Plank, Tile, Vinyl
    Basement Details: Crawl Space

    Exterior

    Stories: Two
    Garage Spaces: 2
    Air Conditioning: Wall Unit(s)
    Foundation Size: 3,583 ft2
    Handicap Accessible: Doors 36"+, Accessible Elevator Installed, Grab Bars In Bathroom, Hallways 42"+, No Stairs External, Wheelchair Ramp(s), Roll-In Shower
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Detached Garage
    • Finished Garage
    • Guest Parking
    • Parking Lot
    • Paved Lot
    Road Frontage: City Street
    Roof Details: Flat

    Lot & Land

    Acres: 1.6
    Geolocation: 43.613943, -94.460217
    Inclusions: Building
    Lot Dimensions: 1.6ac
    Addl Parcels: 232320050
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 1239
    District Phone: 5072384234

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $8,342
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $8,342

    Units

    Total Units: 9

    Miscellaneous

    Current Use:
    • Professional Service
    • Professional/Office
    Fuel System: Electric
    Sewer System: City Sewer/Connected
    Available Utilities: Electric Common
    Water System: City Water/Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.