Fairmont Development Site

415 S State St, Fairmont, MN 56031

Property Information

  • For Sale $325,000
  • Property Type Other
  • Lot Size 0.74 Acre
  • Date Updated Jun 28, 2026

Description

This 0.74-acre commercial lot presents an exceptional redevelopment opportunity in a high-visibility corridor. Formerly the site of a gas station, the property has been fully cleared. Tanks, structures, and equipment removed, leaving the site development-ready. Zoned for commercial use, the lot is well-suited for a variety of projects, including professional services, hospitality, mixed-use, or a quick service restaurant (QSR). The property may also be eligible for the City’s Tax Increment Financing (TIF) program, creating additional incentives for redevelopment. With excellent visibility, strong traffic counts, and close proximity to national retailers, this site is ideally positioned for your next investment or development.

Highlights

  • Located in Fairmont, MN, near a lighted intersection, this former gas station is situated along South State Street/Hwy 15. Just minutes from I-90.
  • Adjacent Back lot for ExpansionDevelopment
  • Cleared Lot and Tanks Removed
  • High Visibility and Neighboring National Retailers
  • Redevelopment Opportunity (TIF)

Contacts

Location

Contact Listing Broker
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