For Sale: Fairfax MLS# 6721353
Active
NEW!
$85,000
Commercial: Other
Built 1908
0.07 acres
G.F.W. schools
MLS# 6721353
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Property Description
For Sale: Stunning 1908 Commercial Building – A Prime Investment Opportunity!
Discover the charm and potential of this well maintained brick commercial building, originally built in 1908 and boasting a spacious 5, 250 finished sqft layout. This versatile property offers the perfect blend of professional office space and residential income potential, making it an ideal investment for savvy entrepreneurs.The Key Features are:
- Main Office Level (2, 625 sqft): Newly remodeled with modern flooring and fresh paint in the front half, featuring five private offices, a half bath, a conference room, and a break room. The back half showcases gorgeous hardwood floors that add warmth and character.
- Welcoming Entry: The main entrance features newly installed Commercial aluminum store front door with Transom, 2 large commercial windows and two commercial single-hung windows, all added in 2025, enhancing both aesthetics and energy efficiency.
- Upper Level Residences: The second level houses three apartments with a shared laundry area, offering a fantastic opportunity to generate rental income to help offset your commercial loan payments.
- Smart Upgrades: The seller invested in a Cool Roof system ($21, 154 in June 2020) and RBoard siding (approx. $18, 500), ensuring energy efficiency and durability.
This is more than just a building; it’s a chance to own a piece of history while securing a profitable investment. Don’t miss out on this incredible opportunity to combine your workspace with residential income potential. Schedule your tour today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$85,000
Property Type:
Commercial
City:
Fairfax
Garage Spaces:
0
County:
Renville
Year Built:
1908
State:
MN
Property Style:
Other
Zip Code:
55332
Subdivision Name:
Original
Interior
Ranges:
Three
Refrigerators:
Three
Appliances Included:
- Range
- Refrigerator
Basement Details:
Unfinished
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
2,625 ft2
Foundation Dimensions:
105 x 25
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
- Baseboard
- Boiler
- Hot Water
Parking Features:
On-Street Parking Only
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.07
Geolocation:
44.526742, -94.719617
Inclusions:
Building, Land
Lot Dimensions:
114 x 25
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
2365
District Phone:
507-834-9813
Expenses
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,150
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,150
Income
Annual Gross Income:
$13,500
Units
Total Units:
4
Miscellaneous
Current Use:
- Office
- Other
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Scenic City Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.