For Sale: Thief River Falls MLS# 6501320
Active
$1,350,000
Commercial: Business Opportunity
Built 1897
0.21 acres
Thief River Falls schools
MLS# 6501320
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Property Description
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
Listing Status:
Active
Contingency:
None
List Price:
$1,350,000
Property Type:
Commercial
City:
Thief River Falls
Garage Spaces:
0
County:
Pennington
Year Built:
1897
State:
MN
Property Style:
Business Opportunity
Zip Code:
56701
Subdivision Name:
Townsite/Thief River Falls
Interior
Basement Details:
- Concrete
- Full
- Unfinished
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
3
Air Conditioning:
Central Air
Foundation Size:
8,510 ft2
Foundation Dimensions:
74x115
Handicap Accessible:
Accessible Elevator Installed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
Highway
Exterior Material:
Brick/Stone
Roof Details:
Rubber
Lot & Land
Acres:
0.21
Geolocation:
48.119336, -96.180408
Inclusions:
Building, Leases
Lot Dimensions:
116 x 50, 140 x 25
Zoning:
Business/Commercial
Schools
School District:
564
District Phone:
218-681-8711
Expenses
Tenant Expenses:
All Utilities
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$8,522
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$8,522
Units
Total Units:
3
Miscellaneous
Current Use:
Commercial
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
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.