678 1st Street W Fosston, MN ^$ 234,000

678 1st Street W

^$ 234,000

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678 1st Street W

Fosston, MN, 56542

^$ 234,000

Studio Baths0.0 Sq 1,200

Monthly Estimate*

^$ 1,635

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Studio

Commercial Property for sale in Fosston, MN

for $234,000. This 1,200 square foot building was built in 1940 on a lot size of 0.25.

Turn key commercial building located right on HWY #2 in Fosston. Live upstairs and run your business on the main level. This building has been completely gutted to the studs remodeled. Nothing has been left untouched. Great business opportunity. If you can dream it, you can do it!!

Commercial Active

Price

^$ 234,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,078

Style

Business

Lot Size

0.25

Year Built

1940

Town/City

Fosston

County/Region

Polk

MLS | Web ID

6375823

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Central Air

Utilities Heating Common Hot Water Common

Roof Age 8 Years or Less

Appliances Electric Water Heater Range

Garage Spaces 0

Construction Materials Vinyl Siding

Year Built 1940

Levels Two

Property SubType Business

Tax Year 2022

Current Use Retail

Accessibility Doors 36 +

County Polk

Property Type Commercial Sale

Contingency None

Subdivision Name Of Johnsons Add

Possible Use Office Other Professional Service Grocery Investment

Directions Right on HWY #2 on the east side of Fosston.

City Fosston

Buyer Agent Compensation 2.25

High School District Fosston

Zoning Description Business/Commercial

Total Units 1

Street Name 1st

Land Lease Y/N N

Tax Annual Amount 2078

Additional Parcels Y/N N

Days on Market 321

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Full

Basement (Y/N) Y

Street Suffix Street

Foundation Dimensions 20x20

Fuel Natural Gas

Exterior

Parking Features Parking Lot

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.25

Building Area Total 1200

Lot Dimensions 104x145x67

Lot Size Units Acres

Foundation Area 800

Road Frontage Type Highway

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 678

* Excluded Features

List By

Juve Real Estate

Broker

juvetnwc@gmail.com

Affordability Calculator

$1,808

Per Month

Monthly Principal & Interest: $1,635
Monthly Property Taxes: $173
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Fosston, MN

Average List Price ^$172,665

Percent of Sale Price 26%

About Fosston, MN

1,427 Population

-4% Since 2002

^$36,875 Median Income

41.2 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3226831 Elementary School

3226802 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/9/2024	$234,000	-2.09%	Price Down
3/27/2024	$239,000	-4.02%	Price Down
5/26/2023	$249,000	-90.03%	Price Down
5/25/2023	$2,498,000		Listed Price

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678 1st Street W, Fosston, MN, 56542 is a Commercial Property for sale at $234,000 with 1,200 sqft and a lot size of 0.25. 678 1st Street W is a studio with 0.0 baths and was built in 1940. The property's zip code is 56542 which is in Fosston, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/20/2024.

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678 1st Street W

Commercial Property for sale in Fosston, MN

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