115 3Rd St Thief River Falls, MN 56701

This exceptional 9,147.6 square foot commercial land parcel, located at 115 3rd Street East in Thief River Falls, Minnesota, presents a unique investment opportunity. Built in 1897, the property boasts a rich history and has been thoughtfully renovated to maintain its character while accommodating modern commercial needs. Currently, the building houses a thriving restaurant on the top floor secured by a 10-year lease, a busy retail establishment (clothing, home goods, and floral) on the main floor with a 9-year lease, and an engineering firm with 7 years remaining on their lease. The substantial basement, offering approximately 8,500 square feet of space, provides significant potential for future development or expansion. This prime downtown location in Pennington County, zip code 56701, offers excellent visibility and accessibility. The asking price for this exceptional investment property is $1,350,000. This is a rare chance to acquire a historically significant and financially sound commercial property in a vibrant Minnesota community. The property's strong tenant occupancy and long-term leases provide immediate and substantial income potential. Don't miss this chance to own a piece of Thief River Falls' history and secure a promising future.