1122 N State St | Fairmont, MN 56031
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This Hospitality Property is no longer advertised on LoopNet.com.
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 | No. Stories | 1 |
| Property Subtype | Hotel | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.71/1,000 SF |
| Lot Size | 1.70 AC | Corridor | Exterior |
| Building Size | 19,934 SF | ||
| Zoning | B3 - Business Commerical, Owner financing available for the potential buyer. | ||
| 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
Links
Property Taxes
| Parcel Number | 230390130 | Improvements Assessment | $218,600 |
| Land Assessment | $214,000 | Total Assessment | $432,600 |
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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