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710 N State St 145,000 SF Industrial Building Fairmont, MN 56031 $5,365,000 ($37/SF)
Investment Highlights
- Access to Skilled Labor Pool - Potential opportunity to hire and retain experienced workforce upon plant closure
- Manufacturing Infrastructure in Place - Existing compressed air system supports immediate operational use
- Partially Sprinkled (Wet system)
- Heated Warehouse
- Expansion Capability - Excess land could provide upside for future expansion options
- Concrete Thickness: ±7” (some areas thicker to support equipment)
Executive Summary
Positioned in the heart of Fairmont, MN, this 145,000-square-foot industrial facility provides an exceptional opportunity for companies seeking substantial manufacturing capability combined with expansion potential. The property spans 39.64 acres and is configured for robust operations with an infrastructure supporting HVAC climate control throughout, an in-place compressed air system, and a fully sprinkled fire suppression system. Ceiling heights vary between 10.5 and 23 feet, accommodating versatile production needs.
The site includes 8 dock doors and a drive-in ramp, enhancing logistical efficiency for high-volume distribution. Additional land allows for future building expansion or outdoor storage, ideal for scaling operations. Located within Martin County, the site benefits from strong access to a skilled labor pool, enabling rapid workforce onboarding. This property also offers proximity to major transportation arteries, positioning it for regional and interstate connectivity. For buyers, it delivers both immediate operational readiness and long-term value potential.
The site includes 8 dock doors and a drive-in ramp, enhancing logistical efficiency for high-volume distribution. Additional land allows for future building expansion or outdoor storage, ideal for scaling operations. Located within Martin County, the site benefits from strong access to a skilled labor pool, enabling rapid workforce onboarding. This property also offers proximity to major transportation arteries, positioning it for regional and interstate connectivity. For buyers, it delivers both immediate operational readiness and long-term value potential.
Property Facts
| Price | $5,365,000 | No. Stories | 1 |
| Price Per SF | $37 | Year Built | 1957 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.43/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 8 |
| Lot Size | 77.00 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 145,000 SF | Opportunity Zone |
Yes
|
| Price | $5,365,000 |
| Price Per SF | $37 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 77.00 AC |
| Rentable Building Area | 145,000 SF |
| No. Stories | 1 |
| Year Built | 1957 |
| Tenancy | Single |
| Parking Ratio | 1.43/1,000 SF |
| No. Dock-High Doors/Loading | 8 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Amenities
- Storage Space
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 230390110 | Improvements Assessment | $1,859,600 |
| Land Assessment | $1,113,200 | Total Assessment | $2,972,800 |
Property Taxes
Parcel Number
230390110
Land Assessment
$1,113,200
Improvements Assessment
$1,859,600
Total Assessment
$2,972,800
Contacts
-
Andrew Lubinski -
Justin Felix -
Aaron Whitmore -
Ethan Haglund -
Trevor Brandvold -
CBRE, Inc.
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710 N State St
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