Renovated Mixed-Use Commercial
For Sale
$985,000
115 3rd St E, Thief River Falls, MN 56701
Renovated building offering upper-floor restaurant space, main-floor retail, and office space currently used by an engineering firm.
Property SizeContact for details
Days on Market143
Property Features for 115 3rd St E
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$29,460
Listing Agency:
Nordin Realty Inc.
(218) 681-7789
Listed By:
Diedre Nordin
(218) 689-2870
Source:
Exprealty
Added: Apr 17
Changed: Aug 31
Last Checked: Sep 6 at 12:37PM
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 Nordin Realty Inc.
Investment Insights
Based on property information with market context.
This beautifully renovated commercial building preserves historic character while providing a versatile mix of uses. The top floor operates as a restaurant with a birds-eye view of downtown activity. On the main floor, a portion is dedicated to retail, while the remainder is occupied by an engineering firm.
Located at 115 3rd St E in Thief River Falls, the property is positioned to serve downtown customers and operations.
The basement is unfinished and presented as additional flexible space, described as 8,000+ square feet and available for an entrepreneur’s vision. The building is offered for sale, with private walk-throughs available for qualified buyers.
Located at 115 3rd St E in Thief River Falls, the property is positioned to serve downtown customers and operations.
The basement is unfinished and presented as additional flexible space, described as 8,000+ square feet and available for an entrepreneur’s vision. The building is offered for sale, with private walk-throughs available for qualified buyers.
Key Highlights
- Renovated commercial building with upper‑floor restaurant, main‑floor retail, and office space
- Top floor operates as a restaurant with views over downtown Thief River Falls
- Main floor includes a retail store with clothing, housewares, home decor, and floral services
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Renovated building offering upper-floor restaurant space, main-floor retail, and office space currently used by an engineering firm.
Where is this conventional restaurant located?
The property is located at 115 3rd St E Thief River Falls, MN.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Renovated commercial building with upper‑floor restaurant, main‑floor retail, and office space; Top floor operates as a restaurant with views over downtown Thief River Falls; Main floor includes a retail store with clothing, housewares, home decor, and floral services
