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Updated Flex Building with Car Lift
For Sale
$135,000

102 2nd St E, Thief River Falls, MN 56701

Commercial building with refreshed major systems, office space, service capabilities, and supplemental storage.

Property Size1,323 SF
Price / SF$102.04
Days on Market53

Property Features for 102 2nd St E

General Information

Standard status Active
Size 1,323 SF

Amenities

Security System
Car Lift

Building Details

Year Built 1950
Buildings 1
Listing Agency: USA Realty
Listed By: Jordan Kofstad
Source: Homesminn
Added: Jul 9 Changed: Aug 28 Last Checked: Aug 29 at 11:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of USA Realty

Investment Insights

Based on property information with market context.

This flex building, constructed in 1950, combines updated core systems with practical office and service features. Recent work includes the heating system, electrical service, roof, and insulation. The interior includes a spacious office and a half bath, with existing hookups for an additional bathroom. A car lift supports automotive-oriented operations, while a security system adds building protection and a shipping container provides separate storage capacity.

The property is located at 102 2nd St E in downtown Thief River Falls, Minnesota. Its combination of office, automotive, and storage components supports a range of commercial uses within the flex space category.

Key Highlights

  • Recent updates to heating, electrical, roof, and insulation systems
  • Car lift included for automotive‑related operations
  • Spacious office with 1/2 bath

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Dental Office Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby
Under-served
Demand for This Use

Demographics for 56701, MN

12,798
Population
6,246
Households
2
Avg Household Size
40
Median Age
20%
College-Educated
95%
High-School Grad
383.0 sq mi
ZIP Area
33
Density / Sq Mi
$73,243
Median Household Income
$46,917
Median Earnings
$897
Median Rent
$189,700
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with refreshed major systems, office space, service capabilities, and supplemental storage.
Where is this flex space located?
The property is located at 102 2nd St E Thief River Falls, MN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Recent updates to heating, electrical, roof, and insulation systems; Car lift included for automotive‑related operations; Spacious office with 1/2 bath
More about this property
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