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$110,000 -$10,000 (-8.33%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 0.367 Acres
  • Updated 4 hours ago
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Check out this commercial property in Fairmont! It features three large garages, two of which have high ceilings, plus a smaller garage space. Each unit is heated, with each having its own gas meter. This space offers potential for someone looking for storage, a repair shop, or just extra space to work on projects. With a little care and creativity, this property could be great for your unique needs. Don't miss out on this opportunity!

Full Property Details for 616 N Prairie Ave

General

  • Price: $110,000
  • Taxes: $1,286 (2024)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6802882
  • Updated: 2/9/2026
  • Added to Site: 122 day(s) ago

Parking

  • Parking Features: Parking Lot, Paved Lot

Location

  • County: Martin
  • Township: Fairmont
  • Subdivision: Gambles Ext
  • Driving Directions: From highway 15, go to 10th Street. Head west on 10th Street until you reach North Prairie Avenue. Turn left on North Prairie Avenue, continuing south for about two blocks. Property will be on the left.

School Information

  • School District: 1239 - Fairmont Area Schools
  • High School District: Fairmont Area Schools

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Foundation Size: 8064
  • Disability Access: No Stairs External
  • Current Bldg. Use: Storage Facility, Vacant
  • Year Built: 1952

Lot Features

  • Lot Size (Acres): 0.367
  • Lot Dimensions: 16022
  • Potential Use: Office, Shop
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $1,286
  • Tax Year: 2024
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: GAMBLES EXT. W61' N100' & E89' N109' W1/2 OF BLK 7 & TRIANGULAR TRACT IN O L 1
  • Inclusions: Building
  • Property ID: 231190090

Listed by EXIT Realty - Great Plains

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— 616 N Prairie Ave —

  • EXIT Realty - Great Plains

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 616 N Prairie Ave

School District:Fairmont Area School District
NameGradesDistance
Fairmont Elementary School
714 Victoria Street, Fairmont, MN 56031
PK-60.9 mi
Fairmont High School
900 Johnson Street, Fairmont, MN 56031
7-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 616 N Prairie Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$110,000
-8.33%
MLS
12/28/2025
Price Reduced
$120,000
-14.29%
MLS
10/31/2025
Listed
$140,000
75%
MLS
6/19/2024
Sold
$80,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 616 N Prairie Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,370
7%
$76,500
14%
2023
$1,286
-3%
$67,200
—
2022
$1,332
-6%
$67,200
4%
2021
$1,424
-26%
$64,400
—
2020
$1,934
—
$64,600
-36%
2019
$1,934
14%
$100,400
28%
2018
$1,690
-21%
$78,700
-4%
2017
$2,151
2%
$82,200
—
2015
$2,117
—
$82,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by EXIT Realty - Great Plains

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616 N Prairie Avenue, Fairmont, MN 56031 (MLS# 6802882) is a Commercial property. 616 N Prairie Avenue is currently listed for $110,000 and was received on October 10, 2025. Want to learn more about 616 N Prairie Avenue? 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.

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