Fairmont Shop Condos

700 Armstrong Dr Fairmont, MN 56031

700 Armstrong Dr, Fairmont, MN, 56031
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FOR SALE
Property Type:
Warehouse
Amount:
$196,000
Last Verified:
Nov 19, 2025

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Highlights

  • Flexible Square Footage (1960 - 9600 Sq. Ft.)
  • Pricing Includes:
  • 14x14 OHD with opener
  • Service Door
  • Window
  • Rough-in for bathroom
  • In-floor drain with flammable waste trap
  • White wall interior steel finish
  • Ventilation system
  • Separately metered utilities
  • Reznor 100,000 BTU Hanging furnace
  • Basic layout of electrical throughout unit including LED lighting

Description

Unlock a high-performing commercial real estate opportunity at 700 Armstrong Drive in Fairmont, MN, offering Build-to-Suit shop condos from 1,960–9,600 SF with pricing starting at only $100/SF. Designed for today’s industrial, contractor, service, and flex-space users, this customizable new-construction product delivers exceptional value in one of Southern Minnesota’s most accessible and business-friendly industrial corridors.

Located within the Fairmont Industrial Park near Interstate 90, the site provides efficient regional connectivity for logistics, warehousing, fabrication, distribution, and trade operations. Popular CRE keywords—industrial condo, flex space, contractor bay, warehouse shop, light industrial, Build-to-Suit, and owner-user opportunity—align directly with the property’s capabilities, ensuring premium visibility across syndication platforms.

Users can tailor suites with features such as oversized overhead doors, custom office buildouts, enhanced power, heated shop bays, and expanded storage or fleet areas. The project offers modern infrastructure, strong traffic patterns, and proximity to fuel, retail, service vendors, and workforce hubs.

With unbeatable pricing, scalable footprints, and a strategic location, this Build-to-Suit shop condo opportunity positions owner-users and investors to capture long-term operational efficiency, asset appreciation, and strong market presence in a growing industrial submarket.

Situated in Fairmont’s established Industrial Park, 700 Armstrong Drive delivers strategic positioning for light industrial, service, and flex users seeking efficient regional reach. The property is located on the west side of Fairmont within city limits, approximately 1.5 miles south of the I-90 interchange, providing direct connectivity to regional transportation corridors across Southern Minnesota and Northern Iowa. Surrounded by a complementary mix of trade contractors, logistics operations and service businesses, this location supports seamless vendor relationships, workforce access and same-day distribution capabilities. Nearby retail, fuel and food options enhance daily operations for employees and fleet traffic.

As part of the Fairmont Shop Condos development, the site benefits from new infrastructure, industrial zoning and modern design standards, positioning owner-users and investors to capitalize on Fairmont’s pro-business environment and growing industrial base.


Year Built: 2024
Building Size: 1960sq ft
Lot Size: 5.74 acres


Documents

Fairmont Shop Condos Sale - 700 Armstrong Dr

Map of 700 Armstrong Dr, Fairmont, MN, 56031

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.