137 1st ST SE new

Fairfax,MN 55332

$ 85000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Original

MLS Listing ID 6721353

Year Built 1908

Annual Tax Amount $1,150

Tax Year 2025

Contingent None

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 114 x 25

Property Description

For Sale: Stunning 1908 Commercial Building – A Prime Investment Opportunity!
Discover the charm and potential of this well maintained brick commercial building, originally built in 1908 and boasting a spacious 5,250 finished sqft layout. This versatile property offers the perfect blend of professional office space and residential income potential, making it an ideal investment for savvy entrepreneurs.The Key Features are:
- Main Office Level (2,625 sqft): Newly remodeled with modern flooring and fresh paint in the front half, featuring five private offices, a half bath, a conference room, and a break room. The back half showcases gorgeous hardwood floors that add warmth and character.
- Welcoming Entry: The main entrance features newly installed Commercial aluminum store front door with Transom, 2 large commercial windows and two commercial single-hung windows, all added in 2025, enhancing both aesthetics and energy efficiency.
- Upper Level Residences: The second level houses three apartments with a shared laundry area, offering a fantastic opportunity to generate rental income to help offset your commercial loan payments.
- Smart Upgrades: The seller invested in a Cool Roof system ($21,154 in June 2020) and RBoard siding (approx. $18,500), ensuring energy efficiency and durability.
This is more than just a building; it's a chance to own a piece of history while securing a profitable investment. Don't miss out on this incredible opportunity to combine your workspace with residential income potential. Schedule your tour today!

Location

State MN

County Renville

Zoning Business/Commercial

Rooms

Basement Unfinished

Interior

Heating Baseboard,Boiler,Hot Water

Cooling Window Unit(s)

Inclusions Building,Land

Fireplace No

Appliance Range,Refrigerator

Exterior

Parking Features On-Street Parking Only

Utilities Available Electric Separate,Heating Common

Present Use Office,Other

Building

Lot Description Corner Lot

Foundation 2625

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District G.F.W.

View More
Favorite Go Tour