Fairmont, MN Real Estate and Homes for Sale in 56031 MLS# 240330
$365,000
N/A
N/A
4600
Active
General Description
Highly visible multi-purpose commercial building and 2 parcels of land for sale along the most traveled highway through the heart of Fairmont. This 4600 SF building features forced air/gas, central air, 2 entrances, large parking lot, 3 restrooms, kitchen and several office and group gathering areas. There is an additional parcel included in the purchase price for plenty of parking in this 11,900 extra gravel lot. This parcel is zoned in the B-2 Central Business District area which is designed to provide for a broad range of retail or professional office use including a food market, banking, insurance, government/health/youth/education services, hair salon, day care, coffee shop/café /tavern and many more potential businesses. The district will also accommodate multi-family residential uses as well as limited light manufacturing. This property is located next to a variety of retail stores, restaurants, professional service businesses and banking institutions in one of the most prime commercial use areas in all of Fairmont.
Legal: FITCH'S LOT-001 BLOCK-002 S50'
Status: Active
Property Information
240330
$365,000
Sale
Office
COMMERCIAL
411 state
Fairmont
MN
56031
4600
34.5
2023
1960
Utilities
No
LISTED BY
True Real Estate, Alexander Phippen & Non Member, Non Member
Here's the scenario. You are building a house or remodeling your house. Material costs are up. Labor costs are up. You ask yourself, where can I save a buck? Before answering this question, you must be careful, especially if your home is located in an area where other quality homes are built, whether on the lake, off the lake, or in higher valued developments such as golf course developments, etc. Growing up in construction and with a plethora of new construction and remodels under my belt, let me share with you some of the easy things that your future buyers will recognize when they are looking for quality.
1. One of the first things buyers of higher end homes will look for is to determine if the owner used hollow core doors. It's an immediate sign that the seller was looking for ways to save money (where else then did they cut back that I can't see???)
2. The second most obvious is the counter tops. Did the sellers spend for a quality granite, quartz, or other hard surface, or was formica used?
3. The third item that might stick out is the cabinetry. Do the drawers have dovetail construction with hardwoods? Did they use "soft close" drawers? Are there pull outs for the pots and pans?
4. Flooring is an easy one also. Was laminate used, or is it engineered or hardwoods? Does the carpet convey a quality feel and plushness? Is there a nice thick pad underneath the carpet?
5. Though there are many other items to look at, cheap vs quality lighting and plumbing fixtures are probably the next major focus.
There is nothing wrong with with using lower cost materials, especially when trying to keep a project within budget, especially when trying to build more house for less money. Just be aware that most buyers looking to spend in excess of $300k for off lake homes and $500+ for East Lake chain homes, and $1M+ for West and Big Spirit will expect the very best materials and finishes.
The harbor is a man made inlet located on the north end of West Lake. A board walk surrounds the harbor and this is one of the most tranquil parts of the lake. Homeowners in the harbor have a more affordable way to have access to West Lake, and still get to enjoy the clean waters West Lake has to offer. Homes in the Harbor typically range from about $350k to as much as $700k.
Referred to locally as the lake turning over the thermocline is a feature of lakes with deep water. The water on the top of the lake changes temperature much more variably during the year. On West Lake, it can reach as much as 75 degrees in July while the water below, greater than 35 or 40 feet deep is relatively stable around 45 degrees. In the fall and early winter, the top strata of the lake will cool to below 45 degrees, and then because it becomes denser, it will "sink" below the lower strata, thus, displacing it and making the lake "turn-over". In the deepest part of West Lake (near the 136ft mark), no light is availble, and hence little life is known whether fish or plant. Typically questions are raised as to why the surface water gets dirty for a short period of time in the fall, this this is the standard answer.
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