115 3rd Street E, Thief River Falls, MN 56701 (MLS# 7057643)

115 3rd Street E, Thief River Falls, MN 56701

$985,000
Property Type: Commercial Square Footage: 25,530 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $985,000 List Date: 4/17/2026 Last Modified: 8/27/2026

Overview

Description

This beautifully-renovated commercial building needs a new owner. The character, charm and historic significance has been well-preserved and is once-again a thriving hub of downtown Thief River Falls. The top floor is a busy restaurant with a birds-eye view of downtown activity. A portion of the main floor is a bustling retail store with an expansive selection of clothing, housewares, home decor and floral services. The remainder is home to a top-notch engineering firm. The basement is unfinished but stands ready for an entrepreneur with a unique vision for the available 8000+ square feet. Schedule your private walk-through of this terrific investment opportunity.

Listing Details MLS# 7057643

General Property Information

Lot Measurement
Acres
Management Company Name
Border Bank
Multiple PIDs?
No
Other Parking Spaces
Yes
Owner Occupied
No
Waterfront YN
No
Year Built
1897
Yearly/Seasonal
Yearly
Zoning
Business/Commercial
Foundation Size
8510
Management Company Phone
218-681-8085
Power Company
Northern Municipal Power Agency
For Sale or Lease
For Sale
Acres
0.21
Lot Dimensions
116x50,140x25
Assessment Pending
No

Property Features

Accessible: Accessible Elevator Installed; No Stairs External Air Conditioning: Central Air CMU Style: Freestanding; Mixed Use Construction Status: Previously Owned Current Use: Professional Service; Restaurant; Retail Exterior: Brick/Stone Flooring: Tile; Wood Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; Fiber Optic Loan Terms: Conventional Location Description: Downtown; Free Standing Lock Box Type: None Miscellaneous Information: 2+ Lavatories; Alley; Display Window On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Road Frontage: City Street; Curbs; Highway; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Rubber Sewer: City Sewer/Connected Stories: Three Or More Wall Description: Concrete/Block; Drywall Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
985000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
115
Street Name
3rd
Street Suffix
Street
Street Direction Suffix
E
Postal City
Thief River Falls
County
Pennington
State
MN
Zip Code
56701
Complex/Dev/Subdivision
Townsite/Thief River Falls

Assessments

Tax With Assessments
29460

Basement

Foundation Dimensions
74x115

More Information

Building Information

Building Finished SqFt
17000
Building SqFt
25530

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Sale Options

Sale Includes
Building

Unit Details

Total Units
3
IDX
Listing Office: Nordin Realty Inc.
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products