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1122 N State St
Fairmont, MN 56031
Budget Inn Fairmont · Hospitality Property For Sale · 19,934 SF

Investment Highlights

  • Budget Inn Fairmont is available for sale with buyers' compliant standards
  • The hotel amenities include 3 queen bedrooms and all other types of rooms with family-friendly amenities
  • AIRPORT - Fairmont, MN (FRM-Fairmont Municipal) airport is 2.3 miles from the hotel
  • The property is maintained well with necessary facilities and contains on-premise parking
  • Situated in a place with many attractions like Fairmont aquatic park in 2.2 Miles and Fairmont Community Education in 1.4 miles
  • Popular dining like Bean Town Grill, Pizza Ranch, Green Mill Restaurant & Bar, and Perkins is just 0.2 to 1.0 miles distance from the property

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.70 AC
Building Size 19,934 SF
No. Stories 1
Year Built 1965
Parking Ratio 1.71/1,000 SF
Corridor Exterior
Zoning B3 - Business Commerical, Owner financing available for the potential buyer.

Amenities

  • Business Center
  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Property Taxes

Property Taxes

Parcel Number
230390130
Land Assessment
$214,000
Improvements Assessment
$218,600
Total Assessment
$432,600
  • Listing ID: 27307077

  • Date on Market: 12/14/2022

  • Last Updated:

  • Address: 1122 N State St, Fairmont, MN 56031

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