101 2nd Street SE, Fairfax, MN 55332 (MLS# 7068783)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 4
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Multi-Family
Foundation Size: 1200
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.16
Lot Dimensions: 50 X 140
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Hardwood Floors; Washer/Dryer Hookup Basement: None CMU Style: Business Opportunity; Mixed Use Construction Materials: Frame Construction Status: Previously Owned Current Use: Vacant Exterior: Brick/Stone Foundation: Concrete Block Fuel: Natural Gas Heating: Outdoor Boiler Loan Terms: Cash; Conventional Location Description: Free Standing On Site Utilities: Electric Separate Potential Use: Income; Office; Professional; Shop Road Frontage: City Street; Curbs; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 68900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 101
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Fairfax
County: Renville
State: MN
Zip Code: 55332
Complex/Dev/Subdivision: Original

Assessments

Assessment Balance: 2208.66
Assessment Installment: 635.4
Tax With Assessments: 1072

Basement

Foundation Dimensions: 24 X 50
None: Yes

More Information

Building Information

Building Finished SqFt: 1800
Building SqFt: 2400
Ceiling Height: 8-10

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Building

Unit 2

No. of 2 Bedroom Units: Yes

Unit Details

Total Units: 2

Office/Member Info

Association: WCAR

Location, Tax and Other Information

Legal Description: LOT 3 BLK 1
Listing City: Fairfax
Map Page: 999
Municipality: Fairfax
School District: G.F.W.
School District Phone: 507-834-9813
Zip Plus 4: 3168
Property ID Number: 310057000
Tax Year: 2026
Tax Amount: 1072
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Prime investment opportunity in the heart of Fairfax! This versatile commercial building offers excellent potential for a variety of business ventures, featuring a main floor space ideal for retail, office, or service-based operations. Upstairs, you’ll find a spacious 3-bedroom apartment with a full bath—perfect for owner-occupancy or additional rental income. The property is equipped with gas boiler heat and sits on a large lot complete with a garage, providing ample space for parking, storage, or future expansion. Don’t miss this chance to own a property with both commercial and residential income potential!
Directions: From Hwy 19 in Fairfax, turn east onto 2nd St, then go 3 blocks and property is on the right side of road

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Hardwood Floors: Yes
Washer/Dryer Hookup: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Outdoor Boiler: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Business Opportunity: Yes
Mixed Use: Yes

Current Use

Vacant: Yes

Loan Terms

Cash: Yes
Conventional: Yes

Location Description

Free Standing: Yes

Potential Use

Income: Yes
Office: Yes
Professional: Yes
Shop: Yes