137 1st St SE Fairfax, MN 55332

Listing details for 137 1st St SE, Fairfax, MN 55332 : 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!