Date
Details
Price
Change
Source
10/13/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$395,000 Just Listed
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Property Description
The possibilities are endless with this impressive downtown commercial building located on a corner lot. This building offers over 20,000 square feet of versatile space, with approximately 6,900 square feet per level. Featuring multiple offices and restrooms throughout, the layout provides flexibility for multiple business ventures under one roof. Whether you are envisioning retail, professional offices, an entertainment venue, or a completely new concept, this building provides a large blank canvas to bring your concept to life.
Full Property Details
Full Property Details for 301 Downtown Plaza
General
- Price: $395,000
- Taxes: $1,228 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7159491
- Updated: 10/13/2026
- Added to Site: 1 day(s) ago
Parking
- Parking Features: Unassigned
Location
- County: Martin
- Township: Fairmont
- Driving Directions: If you are heading N on Downtown plaza from the roundabout, the building is located on the West side of the street
School Information
- School District: 2752 - Fairmont Area Schools
- High School District: Fairmont Area Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Electric Common, Heating Separate
Structural Information
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Daylight/Lookout Windows, Partially Finished
- Foundation Size: 6996
- Roof: Flat, Rubber, Tar/Gravel
- Disability Access: Doors 36"+, Hallways 42"+
- Square Feet: 20,988
- Finished Down/Base.: 20,988 Sq. Ft.
- Current Bldg. Use: Office
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.157
- Lot Dimensions: .16 acres
- Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
- Potential Use: Office, Retail
- Zoning: Business/Commercial
- Lot Description: Corner Lot
Financial Considerations
- Tax Amount: $1,228
- Tax Year: 2026
Disclosures and Reports
- Legal Description: ORIGINAL LOT-005 BLOCK-015
- Inclusions: Building, Land
- Property ID: 230400684
Listed by Re/Max Total Realty
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— 301 Downtown Plaza —
Re/Max Total Realty
NMLS#: 1598647
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Schools
Schools serving 301 Downtown Plaza
School District:Fairmont Area School District
| Name | Grades | Distance |
|---|---|---|
Fairmont Elementary School 714 Victoria Street, Fairmont, MN 56031 | PK-6 | 0.8 mi |
Fairmont High School 900 Johnson Street, Fairmont, MN 56031 | 7-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 Downtown Plaza
Tax History
Tax History for 301 Downtown Plaza
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,228
-1%
$54,500
—
2025
$1,242
19%
$54,500
-10%
2023
$1,042
2%
$60,600
13%
2022
$1,024
-6%
$53,700
10%
2021
$1,092
-55%
$48,700
—
2020
$2,434
—
$48,700
-9%
2019
$2,434
100%
$53,700
-66%
2018
-100%
$159,300
-4%
2017
$4,459
14%
$165,600
9%
2015
$3,911
—
$151,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 301 Downtown Plaza
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- Single Family
- Active
- Updated 11 minutes ago
- 4Beds
- 2Total Baths
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Listed by Edina Realty
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- Updated 3 days ago
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- Active
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- 3Beds
- 3Total Baths
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Listed by Re/Max Total Realty
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 2,386Sq. Ft.
Listed by Edina Realty
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,043Sq. Ft.
Listed by Edina Realty
Sold by Re/Max Total Realty
Sold by Re/Max Total Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
- 3,392Sq. Ft.
Listed by Re/Max Total Realty
Sold by RE/MAX Total Realty
Sold by RE/MAX Total Realty
- Single Family
- Closed
- 3Beds
- 2Total Baths
- 3,305Sq. Ft.
Listed by Cavers Realty Inc
Sold by Real Broker, LLC
Sold by Real Broker, LLC
- Single Family
- Closed
- 4Beds
- 3Total Baths
- 2,903Sq. Ft.
Listed by Edina Realty
Sold by Non-MLS
Sold by Non-MLS
301 Downtown Plaza, Fairmont, MN 56031 (MLS# 7159491) is a Commercial property. 301 Downtown Plaza is currently listed for $395,000 and was received on October 13, 2026. Want to learn more about 301 Downtown Plaza? Do you have questions about finding other Commercial real estate for sale in Fairmont? You can browse all Fairmont real estate or contact a Coldwell Banker agent to request more information.