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Best Western of Fairmont, MN

Property Overview

The Best Western Fairmont is a 101 room, full service hotel ideally located along Interstate 90 in southern Minnesota. The property was converted to a Best Western in 2021 and has since undergone significant capital improvements, including a new roof in 2025 and numerous upgrades throughout the hotel. As the only full service hotel in the Fairmont market, the property offers an on site restaurant and bar, 3,800 square feet of meeting and event space, an indoor pool, fitness center, and other amenities that attract both business and leisure travelers. Fairmont serves as the commercial hub for Martin County, with lodging demand supported by healthcare, agriculture, manufacturing, tourism, and regional business activity, while the proposed Lake Charlotte Solar Project is expected to provide additional demand in the coming years.

Property Details

Price: $7,200,000

Address: 1201 Torgerson Dr, Fairmont, MN 56031

Rooms: 101

Brand: Best Western

Franchise: Best Western

Area: Southern Minnesota

Type: Full Service

Investment Highlights

Still owned by the original developer, this would be the first time a new investor would have the opportunity to acquire the property on the market
Recent Renovations Completed – Current ownership converted the asset to a Best Western in 2021, with continued reinvestment through capital improvement projects
I-90 Location – The property benefits from visibility along Interstate 90, which carries millions of vehicles annually.

Property Photo Gallery

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Request More Information

To request more information on this property, please complete a confidentiality agreement. All inquiries must be made through Timm & Associates, Inc. Interested buyers are not allowed to visit or contact the property or its management directly.

Confidentiality Agreement

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