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Investment Highlights

  • Fully supported by the community and the City of Fairfax
  • building has cafe, (2) gyms, lots of potential
  • 110,000 building on 21+acres room to develop, subdivide or leave as open space

Executive Summary

This property is in a Chapter 11 restructure bankruptcy and bank foreclosure. Appraisal from 2024 on the building and property is $6,500,000. Plans are to repurpose the building into a 100-bed men and woman 28-day stay behavioral health facility with a 16-bed detox. We have the operator is in place. Just need the capital to move this project forward. For more information, please email: www.info@hrwcmn.com. (proformas, business plan, ect...)
Go to www.hrwcmn.com

Property Facts

Price $1,200,000
Price Per Bed $12,000
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Lease Option
  • Redevelopment Project
Property Type Health Care
Property Subtype Rehabilitation Center
Building Class C
Lot Size 14.50 AC
Building Size 110,000 SF
No. Beds 100
No. Stories 1
Year Built/Renovated 1958/1996
Zoning Mixed-Use

Amenities

  • Wheelchair Accessible
  • Fiber Optic Internet
  • Smoke Detector
  • On-Site Security Staff
  • Cafe
  • Locker Room
  • Shower Facilities
Not walkable
10/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
31-01115-00
Land Assessment
$45,900
Improvements Assessment
$71,200
Total Assessment
$117,100
  • Listing ID: 41422698

  • Date on Market: 7/24/2026

  • Last Updated:

  • Address: 300 3rd Ave SE, Fairfax, MN 55332

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