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Active Lender Owned
$1,200,000
/mo Edit
Commercial:  Other
Built 1897
0.213 acres
MLS# 7057643
My rating:
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    Property Description

    This beautifully-renovated commercial building needs a new owner. The character, charm and historic significance has been well-preserved and is once-again a thriving hub of downtown Thief River Falls. The top floor is a busy restaurant with a birds-eye view of downtown activity. A portion of the main floor is a bustling retail store with an expansive selection of clothing, housewares, home decor and floral services. The remainder is home to a top-notch engineering firm. The basement is unfinished but stands ready for an entrepreneur with a unique vision for the available 8000+ square feet. Schedule your private walk-through of this terrific investment opportunity.

    Listing

    Contingency: None
    City: Thief River Falls
    County: Pennington
    State: MN
    Property Style: Other
    Zip Code: 56701
    Subdivision Name: Townsite/Thief River Falls

    Interior

    Flooring: Tile, Wood
    Refrigerators: None

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 8,510 ft2
    Foundation Dimensions: 74x115
    Handicap Accessible: Accessible Elevator Installed, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    • Highway
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Roof Details: Rubber

    Lot & Land

    Acres: 0.213
    Geolocation: 48.119299, -96.180389
    Inclusions: Building
    Lot Dimensions: 116 x 50, 140 x 25
    Zoning: Business/Commercial

    Schools

    School District: 1975
    District Phone: 2186818711

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $29,460
    Lender-owned: Yes
    Assessment Pending: No
    Taxes w/ Assessments: $29,460

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Professional Service
    • Restaurant
    • Retail
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected
    Power Company Name: Northern Municipal Power Agency

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Nordin Realty Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.