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Property profile & analytics
OFF-MARKET
Land

1436 Main Ave Thief River Falls, MN 56701

Built 1960
Property ID
Property summary
AI-generated overview

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
Verified
Property type Land
Year built 1960
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • U-Haul Neighborhood Dealer Car Rental Facility
  • Fast GraphiX (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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