114 1st Street West Fosston, MN 56542

$ 200,000
Lot size: 4680 sq. ft.
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Property Overview

Listing # 4390
Price 200,000
Type Business/Income
Business Name Generations
Location 114 1st Street West
Fosston, MN 56542
Main Level Sqft. 2400 ft2
Parcel Number 87.00234.00

Property Features

Business Details

    Business Information

  • Year Established 1960 (current owner since 2007)
  • Front Footage 30 feet (with Hwy. #2 frontage)
  • Additional Features Turn key ready with all inventory and fixtures included in sale

    Building Information

  • Has Living Quaters 1 bedroom apartment with appliances (currently not rented) & possibility of 2nd apartment
  • Building Condition Good condition, exterior of store front has partial brick exterior
Interior Details

    Bathroom Information

  • # of Baths 2.75

    Flooring Information

  • Wall-to-Wall Carpet, Tile, Vinyl Floor


  • Range/Oven, Refrigerator

    Heating & Cooling

  • Water Heater
  • Forced Air Natural Gas, Central Air
Garage, Exterior Features, Utilities

    Utility Information

  • Water Source (City)
  • Sewer (City)
Financing, Location Details, Listing Information

    Financial Information

  • Annual Taxes $2,102.00

Property Description

Generations - More than just a name! This well established men's clothing store has and continues to span and accommodate a multitude of generations over the decades of successful business. Current owner is ready to offer up this fantastic opportunity to a new entrepreneur to carry on this thriving business with excellent location along highly traveled U.S. Hwy. #2. This property is not only "turn key" ready including inventory, but also provides potential rental income from apartment(s). Call today for complete details and to set up a private showing.

Fosston, MN 56542

Fosston is a shining example of what a small city can do and become in northwestern Minnesota, with progressive, committed city leadership and strong community involvement at every level. Offering so much more than your basic needs, the city has a movie theater, pharmacies, gift shops, a furniture store, three gas stations, three terrific eateries and the list could go on and on. Community is the goal of the city, and all who come will feel right at home!

GreatSchools Data on Area Schools

GreatSchools is the leading national nonprofit that provides easy-to-understand information on K-12 schools, including ratings, information on school resources and student outcomes, and reviews.

Name Parent Rating Website
Fosston High School
Public — 7 to 12
0 School Website
Megelessen Elementary
Public — PK to 6
3 School Website