For Sale: Thief River Falls MLS# 6487562
Active
$550,000
Commercial: Office
Built 1996
0.98 acres
Thief River Falls schools
MLS# 6487562
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Property Description
Well maintained commercial built in 1996 with additions in 2002. Building is currently under a lease until 9/30/2025 with government offices occupancy other than the portion leased through Pennington County. There are numerous individual office areas, storage/file rooms, reception areas, break room complete with refrigerator, stove and microwave, 2 bathrooms and furnace room. The garage belongs to the tenant so may be moved when they are no longer leasing. Parking lot was resealed and striped in 2023 and a new front door was installed. 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:
$550,000
Property Type:
Commercial
City:
Thief River Falls
Garage Spaces:
0
County:
Pennington
Year Built:
1996
State:
MN
Property Style:
Office
Zip Code:
56701
Subdivision Name:
Park Add
Interior
Basement Details:
Slab
Exterior
Stories:
One
Garage Spaces:
0
Other Parking Spaces:
20
Air Conditioning:
Central Air
Foundation Size:
6,792 ft2
Foundation Dimensions:
56 X 102, 12 X 56, 12 X 34
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Parking Lot
Road Frontage:
City Street
Exterior Material:
Steel Siding
Roof Details:
- Age Over 8 Years
- Metal
Lot & Land
Acres:
0.98
Geolocation:
48.115267, -96.154596
Inclusions:
Building, Land, Leases
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Schools
School District:
564
District Phone:
218-681-8711
Expenses
Annual Electric Expense:
$6,342
Annual Fuel Expense:
$1,317
Annual Insurance Expense:
$1,342
Annual Trash Expense:
$1,285
Tenant Expenses:
Cable TV
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$13,922
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,922
Income
Annual Gross Income:
$102,618
Units
Total Units:
1
Miscellaneous
Current Use:
Professional Service
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.