$1,500,000

115 3rd Street E, Thief River Falls, MN 56701

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$1,500,000

115 3rd Street E Thief River Falls, MN 56701

For Sale MLS# 6501320

17,000 sq ftCommercial

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Data current as of 23/04/2024 23:13:14

Details for 115 3rd Street E

MLS# 6501320

Description for 115 3rd Street E, Thief River Falls, MN, 56701


When the "old" becomes "new" again, this renovated commercial building is what you will experience! The character, charm, and historic significance of this building has been well-preserved and is once again a thriving hub of commercial activity in downtown Thief River Falls. The top floor is a bustling restaurant with a 10-year lease. The main floor includes a busy retail clothing, home-goods, and floral shoppe with a 9-year lease, and an engineering firm with 7 years remaining on their lease. The basement offers approximately 8500 square feet of possibilities, limited only by the imagination! Schedule your walk-through of this top-of-the-line investment property!

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Bathrooms: 4

Lot Size: 0.21 Acres

Square Feet: 17,000 sq ft

Year Built: 1897

Foundation: 8,510 sq ft

Stories: Three Or More

Subdivision: Townsite/Thief River Falls

Number Of Units Total: 3

Current Use: Commercial

County: Pennington

Days On Market: 43

Construction Status: Previously Owned

School Information


District: 564 - Thief River Falls

Interior Features


Basement: Unfinished, Poured Concrete, Full

Accessibility: Elevator

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Heating Separate,Hot Water Separate

Cooling: Central

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Open Parking: 3

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Roof: Rubber

Lot Dimensions: 116x50, 140x25

Zoning: Business/Commercial

Additional Exterior/Lot Features: Land Inclusions - Building,Leases, Road Frontage - US Highway

Unit Information


Unit 1 Baths Total: 1

Unit 1 Rooms Total: 3

Unit 2 Baths Total: 1

Unit 2 Rooms Total: 6

Unit 3 Baths Total: 2

Unit 3 Rooms Total: 5

Driving Directions


In TRF: Hwy 59/3rd St E

Financial Considerations


Tax/Property ID: R2500322990

Tax Amount: 8522

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Buyer Broker Compensation: 1.25%

Price Changes


$1,500,000 Original Price
$1,500,000 Current Price
$0Total Change
Date Price Change
03/11/2024 01.53 PM $1,500,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 115 3rd Street E

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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