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Retail Suite with Paved Parking
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1916 Highway 59 #Suite 4, Thief River Falls, MN 56701

A 2024-built commercial space offers convenient highway access and on-site paved parking.

Property Size1,063 SF
Days on Market596

Property Features for 1916 Highway 59 #Suite 4

General Information

Standard status Active
Size 1,063 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 1,063 SF
Year Built 2024
Stories 1
Units 5
Listing Agency: Andrew Yaggie Real Estate
Listed By: Andrew Yaggie
Source: Waseca-realty
Added: Mar 14, 2025 Changed: Oct 26 Last Checked: Oct 30 at 12:28AM

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

Rey
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Investment Insights

Based on property information with market context.

Suite 4 at 1916 Highway 59 is a 1,063-square-foot retail space in a building listed as built in 2024. The property is zoned Business/Commercial and includes a paved parking lot with convenient entry and exit access.

The suite is located along Highway 59 in Thief River Falls, Minnesota.

Key Highlights

  • 1,063‑square‑foot retail suite
  • Building year: 2024
  • Business/Commercial zoning

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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 - A 2024-built commercial space offers convenient highway access and on-site paved parking.
Where is this retail space located?
The property is located at 1916 Highway 59 #Suite 4 Thief River Falls, MN.
What are key features of this property?
This property features: 1,063‑square‑foot retail suite; Building year: 2024; Business/Commercial zoning
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