For Sale: Thief River Falls MLS# 6487451
Active
$580,000
Commercial: Other
Built 1920
0.16 acres
Thief River Falls schools
MLS# 6487451
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Property Description
Professional Center located in downtown Thief River Falls. Main floor is a total of 7000 sq ft and consists of 5-6 Units. 2nd floor is also 7000 sq ft and consists of 7 Units. 3rd floor is 1800 sq ft and has 1 Units. Partial basement is 36 X 50 and is the location of 2 bathrooms, storage and utility room. There is an elevator. 2 off site parking spaces are currently included with one rental. Investors - contact your Realtor to obtain additional information in regard to profit and loss. Check out this property with good returns.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$580,000
Property Type:
Commercial
City:
Thief River Falls
Garage Spaces:
0
County:
Pennington
Year Built:
1920
State:
MN
Property Style:
Other
Zip Code:
56701
Subdivision Name:
Thief River Falls
Interior
Basement Details:
Partial
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
2
Air Conditioning:
Central Air
Foundation Size:
7,000 ft2
Foundation Dimensions:
7000
Handicap Accessible:
Accessible Elevator Installed
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Off Site
- Parking Lot
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Rubber
Lot & Land
Acres:
0.16
Geolocation:
48.118666, -96.180441
Inclusions:
Building, Land
Lot Dimensions:
50 X 140
Zoning:
Business/Commercial
Schools
School District:
564
District Phone:
218-681-8711
Expenses
Annual Electric Expense:
$16,216
Annual Fuel Expense:
$6,619
Annual Insurance Expense:
$4,865
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$13,788
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$14,574
Income
Annual Gross Income:
$117,162
Units
Total Units:
1
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of USA Realty Thief River Falls.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.