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201 Sherwood Avenue S Thief River Falls, MN $ 550,000
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$ 550,000 Get more info
201 Sherwood Avenue S
$ 550,000
Back to search
Share Save

201 Sherwood Avenue S

Thief River Falls, MN, 56701
$ 550,000
Baths0.0 Sq 6,792

Monthly Estimate*

$ 3,842

201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 1
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 2
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 3
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 4
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 5
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 6
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 7
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 8
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 9
201 Sherwood Avenue S, Thief River Falls, MN 56701 - Image 10
Studio

Commercial Property for sale in Thief River Falls, MN

for $550,000. This 6,792 square foot building was built in 1996 on a lot size of 0.98.

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.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 13,922

Style

Office

Lot Size

0.98

Year Built

1996

Town/City

Thief River Falls

County/Region

Pennington

MLS | Web ID

6487562
Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Age Over 8 Years Metal
Garage Spaces 0
Construction Materials Steel Siding
Year Built 1996
Tenant Pays Cable TV
Levels One
Property SubType Office
Tax Year 2024
Current Use Professional Service
Gross Income 102617.95
Accessibility No Stairs External No Stairs Internal
County Pennington
Insurance Expense 1342
Property Type Commercial Sale
Contingency None
Subdivision Name Park Add
Directions Hwy 59 S or corner of 1st and 3rd St intersection - turn on Sherwood Ave to the property
City Thief River Falls
Buyer Agent Compensation 2.00
High School District Thief River Falls
Zoning Description Business/Commercial
Total Units 1
Street Name Sherwood
Land Lease Y/N N
Tax Annual Amount 13922
Electric Expense 6342
Fuel Expense 1317
Trash Expense 1285
Additional Parcels Y/N N
Days on Market 70
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Slab
Basement (Y/N) N
Street Suffix Avenue
Foundation Dimensions 56 X 102 12 X 56 12 X 34
Fuel Natural Gas
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Exterior
Parking Features Parking Lot
Lot Features Irregular Lot
Water Source City Water/Connected
Inclusions Building Land Leases
Lot Size Area 0.98
Building Area Total 6792
Lot Dimensions irregular
Lot Size Units Acres
Foundation Area 6792
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 201
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* Excluded Features
List By
Usa Realty Thief River Falls

Broker

janness1@mncable.net

Email

Affordability Calculator

$5,002
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$1,160
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3226809 Elementary School
3226814 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/13/2024$550,000 Listed Price

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201 Sherwood Avenue S, Thief River Falls, MN, 56701 is a Commercial Property for sale at $550,000 with 6,792 sqft and a lot size of 0.98. 201 Sherwood Avenue S is a studio with 0.0 baths and was built in 1996. The property's zip code is 56701 which is in Thief River Falls, MN

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