Property summary
This exceptional commercial property presents a remarkable investment opportunity in Thief River Falls, Minnesota. Located at 1436 Main Avenue N, this 38,332.8 square foot lot features a substantial 4,700+ square foot commercial building constructed in 1960. The property has undergone significant improvements in recent years, enhancing its functionality and appeal. These upgrades include the installation of a new furnace and central air conditioning unit, ensuring year-round comfort. Energy-efficient LED lighting has been implemented throughout, reducing operating costs. New flooring has been installed, contributing to a modern and updated aesthetic. Furthermore, the property has been enhanced by the addition of six new rental storage units, providing an immediate source of supplemental income. This prime location in Pennington County, zip code 56701, offers excellent visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property's recent renovations, combined with its strategic location and added rental income potential, make this a truly compelling investment opportunity. Don't miss the chance to own this exceptional commercial property in a thriving Minnesota community.
Property profile
VerifiedCap rate & NOI
Current use
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Car Rental Facility
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(Bike/Boat/Book/etc) Store Printing Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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