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Active
$495,000
/mo Edit
Commercial:  Industrial,Office,Warehouse
Built 1961
Fairmont Area schools
MLS# 6609297
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    Property Description

    Rare opportunity to own a well-established and profitable local candle making supply business plus building. The business has 20+ years selling to customers locally and nationally, and offers proprietary fragrance oils that are manufactured specially for customers, a custom blended coconut wax formulation, top candle making supplies (soy wax, candle dyes, wicks, and candle making equipment), and more. Candle making experience is not necessarily though helpful. Plenty of growth potential for this business. Sale includes: remaining inventory, customer/vendor contacts, established website, proprietary formulas, forklift with chargers, office equipment/fixtures, and more. The sale also includes the warehouse buildings with loading dock, a front entry to greet customers, one smaller office, one larger room, a breakroom, two 1/2 baths, areas to store supplies, all with concrete floors; one side is heated and the other side is cold storage. Two lean-to buildings for additional storage.

    Listing

    Contingency: None
    City: Fairmont
    County: Martin
    State: MN
    Property Style: Industrial, Office, Warehouse
    Zip Code: 56031
    Subdivision Name: Jahns 3rd

    Interior

    Ceiling Height: Varied Heights
    Ranges: None
    Refrigerators: One
    Appliances Included:
    • Electric Water Heater
    • Microwave
    • Refrigerator
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 4
    Garage Door Height: 10
    Other Parking Spaces: 4
    Air Conditioning: Central Air, Zoned
    Foundation Size: 8,974 ft2
    Handicap Accessible: No Stairs External
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Covered
    • Electric
    • Floor Drain
    • Gravel
    • RV Access/Parking
    Shared Amenities: None
    Unit Amenities: Ceiling Fan(s)
    Road Frontage:
    • City Street
    • Paved Streets
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Metal Siding
    • Steel Siding
    Roof Details: Metal

    Lot & Land

    Acres: 0
    Geolocation: 43.662304, -94.452401
    Inclusions: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land
    Lot Dimensions: 160 x 281
    Zoning: Industrial
    Lot Description: Tree Coverage - Light

    Schools

    School District: 2752
    District Phone: 507-238-4234

    Expenses

    Tenant Expenses: All Utilities

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,837
    Lender-owned: Not disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,906

    Income

    Annual Gross Income: $399,850

    Units

    Total Units: 1

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Warehouse
    • Wholesale
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of EXIT Realty - Great Plains.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.