Fairmont Development Site
Market Price
415 State Street S., Fairmont, MN 56031
0.74 acres
Lot Area
1964
Year Built
Details:
Description:
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.
Redevelopment Opportunity (TIF)
Adjacent Back lot for Expansion/Development
High Visibility and Neighboring National Retailers
Cleared Lot and Tanks Removed
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.
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Location
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