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Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built
2006
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.10
Lot Size
0.50 AC
Zoning
Commercial
Parking
65 Spaces (29.55 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant
  • Signage
  • Waterfront
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Balcony
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
233350010
Land Assessment
$127,300
Improvements Assessment
$202,600
Total Assessment
$329,900
  • Listing ID: 39956934

  • Date on Market: 3/30/2026

  • Last Updated:

  • Address: 501 Lake Ave, Fairmont, MN 56031

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