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    1916 Highway 59 Thief River Falls, MN 56701

    For Sale
    Contact for pricing

    Commercial - Thief River Falls, MN

    Lot size:
    2.01 Acres
    Days on Market:
    146
    Last Refresh:
    Dec 13 at 6:06 am

    Property Features for 1916 Highway 59

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial
    APN
    R2512200431a
    Parking features
    Parking Lot
    Exterior features
    Metal
    Lot size
    2.01 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Building materials
    Frame
    Roof type
    Flat
    Architectural style
    Other

    Andrew Yaggie Real Estate (218) 736-9300 [email protected]

    Listing agent Andrew Yaggie (218) 332-0700

    Listing date Jul 21, 2025

    MLS# 6680105 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Thief River Falls Commercial Land

    This commercial space in Thief River Falls, Minnesota, is positioned for business success. Designed to accommodate a variety of businesses, the property is located off Highway 59, a high-traffic location with visibility. An ample paved parking lot provides accessibility for customers and employees. The layout is suited for retail, office, or service-based businesses. Convenient in-and-out access and proximity to other businesses enhance the location. The property consists of 2.013 acres of land zoned for business and commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Thief River Falls
    County
    Pennington
    State
    Minnesota
    Longitude
    -96.14979
    Latitude
    48.107178

    Nearby Similar for Sale

    • $585,000
      157.78 Acres

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      Versatile hobby farm with income potential near town.
      22261 160Th St NE, Thief River Falls, MN 56701
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial land for sale in Thief River Falls, Minnesota.
    Where is this commercial land located?
    The property is located at 1916 Highway 59 Thief River Falls, MN.
    What is the asking price?
    The asking price for this property is $2.00.
    What are key features of this property?
    This property features: - High-traffic location off Hwy 59 ensures maximum visibility.; - Brand-new construction (2024) offers a modern and professional space.; - Ample paved parking lot provides convenient accessibility.
    (218) 332-0700
    Request Owner's contact information
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    Thief River Falls, MN 56701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1916 Highway 59 Thief River Falls, MN 56701
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