Fargo Shop to Move to New Broadway Location
Stabo Scandinavian Imports will relocate to the newly purchased Hancock Building by January 2027.
Updated on Oct. 24, 2026 in Openings & Closings
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Matt and Lindsey Lee are set to finalize the $1.5 million purchase of the Hancock and Douglass buildings in downtown Fargo on November 1, 2026. This acquisition will pave the way for Stabo Scandinavian Imports to move into its new retail space in January 2027.
Why it matters
The relocation allows the retailer to expand its current inventory and gain a prime storefront near downtown Fargo attractions. By moving into a larger facility, the shop aims to better support its existing operations and provide space for new artistic initiatives.
The new retail space provides a sales floor 1.5 times larger than the current 900-square-foot footprint, accommodating approximately 1,800 different products. The historic Hancock and Douglass buildings were originally constructed in 1903.
The players
Matt and Lindsey Lee
These local entrepreneurs acquired the historic downtown properties and represent the new ownership of the retail business.
Stabo Scandinavian Imports
This specialty retailer carries a wide array of international goods and is currently preparing for a transition to a larger storefront.
Sue Rusch
This individual is the former owner of Stabo Scandinavian Imports who sold the business to Lindsey Lee.
The details
The new site at 109 and 113 Broadway N. will be split into two units, while the third floor of the Hancock Building is slated for conversion into art studios. Existing tenants, including the Moonrise Cafe and WalkWise by Drive, will maintain their operations within the properties.
Timeline
The Hancock and Douglass buildings were constructed in 1903.
Lindsey Lee acquired Stabo Scandinavian Imports in July 2026.
The building purchase becomes official on November 1, 2026.
Stabo Scandinavian Imports is scheduled to open at its new location in January 2027.
Third-floor art studio renovations are planned to begin within six to nine months.
Market Landscape
The move aligns with ongoing commercial development patterns in downtown Fargo, where business owners are increasingly securing property near Broadway Square to capture foot traffic. This strategy positions the retailers to better compete in a consolidated district while upgrading from smaller, legacy retail footprints.
Customers can expect a broader selection of the store's 1,800 products when the shop settles into its larger floor plan next year. The addition of local art studios will also change the building's utility for residents seeking creative spaces downtown.
The takeaway
Business owners looking to expand often leverage property acquisition as a means to secure long-term stability and growth space in central districts. Relocating into a historic building allows companies to maintain a unique brand identity while capitalizing on modern square footage requirements.
Further reading
For additional updates on local business moves, visit the Fargo Openings & Closings.
Source note: This article includes information reported by INFORUM.
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