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Investment Highlights

  • Prime Location on Hwy 15 and I-90
  • Option to Purchase Adjacent 2.36 Acres
  • High Traffic Counts
  • Convenient Accessibility

Executive Summary

Excellent opportunity to acquire a high-visibility 1.3 acre commercial property on State Highway 15 and Interstate 90 in Fairmont, MN. With over 215 feet of highway frontage and strong daily traffic counts, this site offers exceptional exposure and convenient access for both local and regional traffic. Located along a major corridor near I-90 and surrounded by national retailers and hospitality brands including McDonald’s, Hardee’s, Walmart, Super 8, Best Western, Hampton Inn, and Perkins, this property benefits from consistent consumer traffic and a strong commercial presence in the area.
The site is ideally suited for a variety of uses, including a fuel station, convenience store, automotive business, light industrial operation, or full commercial redevelopment. With a level lot, existing building structure, and generous space for parking or expansion, the property offers flexibility for new owners. Its location along N State Street also makes it an excellent candidate for retail, service, or mixed-use development in a growing regional market.
Additionally, the property directly behind it to the east, measuring 2.36 acres, is also available for sale, creating the potential for a larger combined site or expanded redevelopment opportunity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
1,540 SF
Building Class
C
Year Built
1988
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
3A - Commercial
Frontage
216’ on N State St.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Green Mill Restaurant & Bar
Perkins
  • Listing ID: 37443944

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 2237 N State St, Fairmont, MN 56031

Contact the Sale Advisor

2237 N State St

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