137 1st Street SE Fairfax, MN 55332

$85,000

Active

| MLS # 6721353

Active

About The Listing

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!

Listing courtesy of Geri L. Theis, Scenic City Realty, LLC

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Property Details

Features

Property Type: Commercial

Status: Active

Contingency Type: None

Year Built: 1908

MLS #: 6721353

Garage Spaces: 0

Parking Description: On-Street Parking Only

Sewer Description: City Sewer/Connected

Air Conditioning Type: Window Unit(s)

Water: City Water/Connected

Heat Type: Baseboard, Boiler, Hot Water

Basement: Unfinished

Construction Description: Brick/Stone

Disability Features: None

Latest Update: 05/14/2025

List Date: 05/14/2025

Listing Agent ID: 506500567

Listing Office: Scenic City Realty, LLC

Listing Office ID: 27121

Data Source: NorthstarMLS - The Regional MLS of Minnesota

Interior

Appliances: Range, Refrigerator

Exterior

Lot Dimensions: 114 x 25

Lot Size: 0.07 Acres

Lot Features: Corner Lot

Schools

School District: G.F.W.

Financials

Tax Year: 2025

Estimated Taxes: $1,150

Contingency Type: None

Location

City: Fairfax

Zip: 55332

County: Renville

Subdivision: Original

State: MN

Listing last updated: 05/14/25

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