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Retail Space with Highway Access
For Sale
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1916 Highway 59, Thief River Falls, MN 56701

Commercial Sale, Thief River Falls, MN

Property SizeContact for details
Lot Size2.01 Acres
Days on Market577

Property Features for 1916 Highway 59

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Parking features Parking Lot
Window features Display Window(s)
Subdivision Lantern Add
High school district Thief River Falls
Directions Heading North on Hwy 59 into Thief River Falls, property is located on the left.
Standard status Active
APN R2512200431a
Lot size 2.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3410

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

ample paved parking lot

Building Details

Year built 2024
Building materials Frame, Steel
Roof type Flat
Listing Agency: Andrew Yaggie Real Estate
Listed By: Andrew Yaggie
Added: Mar 14, 2025 Changed: Oct 8 Last Checked: Oct 11 at 4:06PM
MLS# 6680105

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2024, this retail property has a frame-and-steel structure with a flat roof, forced-air heating, and central air conditioning. The site encompasses 2.013 acres and includes a paved parking lot for customers and staff.

The property is at 1916 Highway 59 in Thief River Falls, with access from the highway and convenient in-and-out circulation. Nearby businesses are also noted in the surrounding area.

Key Highlights

  • 2024 construction
  • 2.013‑acre site
  • Frame‑and‑steel construction with a flat roof

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

213
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A recently constructed commercial space offers paved on-site parking and convenient entry and exit near Highway 59.
Where is this retail space located?
The property is located at 1916 Highway 59 Thief River Falls, MN.
What are key features of this property?
This property features: 2024 construction; 2.013‑acre site; Frame‑and‑steel construction with a flat roof
More about this property
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