137 1st Street Se, Fairfax, MN

$52,500

5,250

Square feet

0.07

Acres

About 137 1st Street Se

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!

Features of 137 1st Street Se

MLS® # 6721353
Price $52,500
Square Footage 5,250
Acres 0.07
Year Built 1908
Type Commercial
Status Active
Contingency Type Other

Community Information

Address 137 1st Street Se
Subdivision Original
City Fairfax
County Renville
State MN
Zip Code 55332

Amenities

Garages On-Street Parking Only
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Baseboard, Boiler, Hot Water
Cooling Window Unit(s)
Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Lot Description Corner Lot
Construction Brick/Stone

School Information

District G.F.W.

Additional Information

Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $1,150
Tax Year 2025
Office Scenic City Realty, LLC

Listing Details

OfficeScenic City Realty, LLC

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