514 1st Street West Fosston, MN 56542

$ 750,000
Lot size: 1.68 acres
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Property Overview

Listing # 4686
Price 750,000
Type Business/Income
Business Name Fosston Off Sale
Location 514 1st Street West
Fosston, MN 56542
Main Level Sqft. 4000 ft2
Parcel Number 87.00547,00 & 87.00542.01

Property Features

Business Details

    Building Information

  • Building Characteristics :Fosston Off Sale is a well established business with 30+ years in operation, this profitable off sale liquor establishment has premier location along U.S. Hwy. #2 frontage
  • Building Condition : Turn key Fosston Off Sale Liquor Store, built in 2009 with over 4,000 square feet of retail space

    Business Information

  • Year Established 1994 Fosston Off Sale (current location was built in 2009)
  • Front Footage 290' of frontage along U.S. Hwy. #2
  • All equipment including coolers, shelving, counters, office equipment, signage. (Mounts are not included in sale)
  • Additional Features : Inventory separate, to be taken on date of sale (inventory runs between $100,000 and $150,000)
Interior Details

    Heating & Cooling

  • Geothermal (7 wells)
Garage, Exterior Features, Utilities

    Utility Information

  • Water Source Connected to City
  • Sewer Connected to City
Financing, Location Details, Listing Information

    Financial Information

  • Annual Taxes $10,540.00

Property Description

Extraordinary Business Opportunity! Fosston Off Sale! Well established with 30+ years of a loyal customer base, this profitable Fosston Off Sale Liquor establishment with premium location is now available to purchase. The spacious 4,000 square foot retail facility built in 2009, is well designed to provide ample space for liquor, wine, beer and mixer displays along with an expansive cooler array together with storage, office and restroom areas. The success of every business depends on a great location and this property has one! High exposure and visibility is easily obtained, as this massive 1.6 acre site is situated with frontage and access along U.S. Highway #2 (providing an average daily traffic count of 5,000+ vehicles) and at a well traveled intersection. Future expansion or diversification is always an option with the large square footage of unused lot area. Call today to set up your private viewing of Fosston Off Sale.

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