710 N State St

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710 N State St

Fairmont, MN 56031
Asking Price
$5.37M
Asset Type
Manufacturing Industrial
Class
Class B

What's Special

Manufacturing Plant For Sale | 145,000 SqFt <ul><li>​Access to Skilled Labor Pool - Potential opportunity to hire and retain experienced workforce upon plant closure</li><li>​Heated Warehouse</li><li>​Manufacturing Infrastructure in Place - Existing compressed air system supports immediate operational use</li><li>​Expansion Capability - Excess land could provide upside for future expansion options</li><li>​Partially Sprinkled (Wet system)</li><li>​Loading: 8 Dock Doors; 1 Drive-in Ramp</li><li>​Concrete Thickness: ±7” (some areas thicker

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NOI
$80,000
Cap Rate
1.49%
DSCR
0.25
Underwater
Cash-on-Cash
-14.82%
Monthly Payment
$26,543.093
Annual Cash Flow
$-238,517.113

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