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Newly Built Retail Suite
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1916 Highway 59 #Suite 5, Thief River Falls, MN 56701

The 2024 construction offers a fresh setting for retail, office, or service businesses.

Property Size2,125 SF
Days on Market4

Property Features for 1916 Highway 59 #Suite 5

General Information

Standard status Active
Size 2,125 SF
Property subtype Commercial
Zoning Business/Commercial
Lease Type Gross

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,409

Building Details

Building Size 2,125 SF
Year Built 2024
Units 1
Listing Agency: Andrew Yaggie Real Estate
Listed By: Andrew Yaggie
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:35PM

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 Andrew Yaggie Real Estate

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Investment Insights

Based on property information with market context.

This 2,125-square-foot commercial suite was built in 2024 and is zoned Business/Commercial. The space is described as suitable for retail, office, or service use, with a paved parking lot and convenient in-and-out access.

Located at 1916 Highway 59, Suite 5, in Thief River Falls, the property sits just off Highway 59.

Key Highlights

  • 2,125 square feet of commercial space
  • Built in 2024
  • Business/Commercial zoning

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Pharmacy Parking Lot & Garage Auto Parts Store Hair Salon

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

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The 2024 construction offers a fresh setting for retail, office, or service businesses.
Where is this retail space located?
The property is located at 1916 Highway 59 #Suite 5 Thief River Falls, MN.
What are key features of this property?
This property features: 2,125 square feet of commercial space; Built in 2024; Business/Commercial zoning
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