For Sale: Fairfax MLS# 7119576
Active
Foreclosure
$2,000,000
Commercial: 1 Story
Built 1978
16.074 acres
G.F.W. schools
MLS# 7119576
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Property Description
An exceptional redevelopment and investment opportunity awaits with the former GFW Middle School, situated on approximately 16 acres in the heart of Fairfax. Built in 1978, this expansive vacant campus offers tremendous potential for commercial, institutional, residential, or mixed-use redevelopment, subject to applicable approvals. The existing building features substantial square footage with classrooms, offices, common areas, gymnasium space, commercial kitchen facilities, and supporting infrastructure ready to be reimagined. Numerous capital improvements have already been completed, including a 2019 digital HVAC controls upgrade, fiber internet installation, digital fire protection system, upgraded kitchen hoods, updated classroom heating controls, security camera system, key card front entry access, 2008 boiler pumps, and 2019 water heaters. Portions of the roof remain under a service contract for added value. The property also adjoins a city park with baseball fields, volleyball courts, a playground, basketball court, and community garden. Appraised at approximately $6, 000, 000 in 2024, this landmark property presents an extraordinary opportunity with exceptional infrastructure and endless redevelopment potential.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,000,000
Property Type:
Commercial
City:
Fairfax
Garage Spaces:
5
County:
Renville
Year Built:
1978
State:
MN
Property Style:
1 Story
Zip Code:
55332
Subdivision Name:
Fairfax Council Rep
Exterior
Stories:
One
Garage Spaces:
5
Foundation Size:
30,000 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Attached Garage
- Parking Lot
Road Frontage:
- City Street
- Paved Streets
Roof Details:
- Age 8 Years or Less
- Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
16.074
Geolocation:
44.524675, -94.715353
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
469 x 70 x 88 x 115 x 541 x 66 x 662 x 580 x 320 x 70 x 68 x 20 x 256 x 140 x 444
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
2365
District Phone:
5078349813
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,510
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,510
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
1
Miscellaneous
Current Use:
- Other
- Vacant
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water - In Street
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.