$220,000
700 Armstrong Drive S #101 Fairmont, MN 56031
For Sale MLS# 6654880
Other
Details for 700 Armstrong Drive S #101
MLS# 6654880
Description for 700 Armstrong Drive S #101, Fairmont, MN, 56031
What is a shop condo? Use it for a commercial business or your own personal dream garage.Looking for space to operate your commercial business? These shop condos are the perfect solution! Use them individually for your business or combine two or more to create an industrial “strip mall”. All units have separately metered utilities including natural gas, water/sewer and electricity. Each unit has a service door, 14’ x 14’ overhead door with electric opener to accommodate any size vehicle, floor drains with flammable waste trap and air exchangers. Fiber optics available. Hard surface in front of the entire building for delivery trucks to load and unload.If you are looking for your own personal storage facility with the option of turning it into a dream garage/showroom for your vehicles or a get-away day retreat, then this is what you have been waiting for. Customize any of these units with a restroom, mezzanine, kitchenette and add a big screen TV or golf simulator and entertain your friends. Anything that you’ve ever wanted to have at home but don’t have the space. Find a friend or two and split the cost.Whether you are looking to own or rent, you have the flexibility to do either. If purchased you would own your own unit just as you would a residential condominium with HOA dues which cover ground maintenance, snow removal, exterior insurance and some utilities.Units available from 1960 sq ft up to 9600 sq ft and more units to be built in future phases. The largest continuous space is 60’ deep X 160’ wide. The first building is completed with 3 units still available at 1960 sq ft each measuring 60’ deep X 32’ wide.Located in the Fairmont Industrial Park within the city limits and easy access to I-90. Schedule a showing to learn more and see how this can be the ready solution for business or personal use.
Listing Information
Property Type: Commercial
Status: Active
Lot Size: 12.16 Acres
Square Feet: 1,920 sq ft
Year Built: 2024
Foundation: 1,920 sq ft
Garage: Yes
Stories: 1 Story
Construction Display: New Construction
Subdivision: Fairmont Industrial Pk 12th Ad
Number Of Units Total: 5
Current Use: Commercial,Storage Facility
County: Martin
Days On Market: 321
Construction Status: Completed New Construction
School Information
District: 2752 - Fairmont Area Schools
Interior Features
Flooring: Concrete Slab
Doors/Windows: Double Pane Windows
Accessibility: Other
Additional Interior Features: 220 Volt
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate,Heating Separate
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Garage Spaces: 1
Open Parking: 2
Parking Description: Garage Door Opener, Other, Driveway - Asphalt, Paved Lot, Storage, Floor Drain, Parking Lot, Garage Door Height - 14, Garage Door Width - 14
Exterior: Metal
Roof: Metal
Lot Dimensions: 270 x 165
Zoning: Business/Commercial
Topography: Level
Additional Exterior/Lot Features: Overhead Doors, Underground Utilities, Land Inclusions - Building, Road Frontage - City
Driving Directions
From the intersection of Bixby Rd (190th Ave /Co Rd 39) and Lake Ave (Co. Rd. 26/120th St) go west 1/2 mile to Armstrong Dr S. Turn left to property.
Financial Considerations
Tax/Property ID: 233560122
Tax Year: 2025
HomeStead Description: Non-Homesteaded
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 700 Armstrong Drive S #101
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 700 Armstrong Drive S #101
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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