324 2nd Street E Thief River Falls, MN $ 490,000
324 2nd Street E
$ 490,000
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324 2nd Street E

Thief River Falls, MN, 56701
$ 490,000
Bedrooms-- Baths-- Sq 4,232

Monthly Estimate*

$ 3,384

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Commercial Property for sale in Thief River Falls, MN

for $490,000. This 4,232 square foot building was built in 1940 on a lot size of 0.249.

TURNKEY OPPORTUNITY ON THE RIVER! Whether you’ve dreamed of owning your own brewery, restaurant, bar, event venue, or have an entirely different vision, this property offers endless possibilities! Currently operating as a successful brewery, the property features over 4,000 square feet with plenty of room for future expansion. A Category 2 food license and full bar liquor license are already in place, making this an incredible opportunity for someone looking to step into an established operation. One of the highlights is the amazing outdoor deck overlooking the river—the perfect setting for customers to enjoy food, drinks, live music, or simply relax while taking in the view. Want a truly turnkey operation? The business can be purchased along with the established name, which already has a HUGE social media following and strong brand recognition. Prefer to bring your own concept to life? Purchase the building and make it your own! With the option to buy the business or just the building, an established customer base, incredible riverfront setting, existing licensing, ample space, and room to grow, this is a rare opportunity with tremendous potential. Bring your ideas and take advantage of everything already in place!

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Commercial Active

Price

$ 490,000

Property Type

Commercial

Taxes

$ 4,124

Style

Lot Size

0.249

Year Built

1940

Town/City

Thief River Falls

County/Region

Pennington

MLS | Web ID

7137868

Features
General
Sewer City Sewer/Connected
Heating Ductless Mini-Split Forced Air
Cooling Ductless Mini-Split
Utilities Heating Common
Roof Flat
Garage Spaces 1
Year Built 1940
View River South
Levels Two
Tax Year 2026
Current Use Commercial Food Service Restaurant
Waterfront Features River Front
Accessibility Hallways 42 + Wheelchair Ramp(s)
County Pennington
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Townsite/Thief River Falls
Possible Use Office Professional Service Rest/Lounge Restaurant Retail Lounge/Bar
Directions On the corner of Atlantic and 2nd
City Thief River Falls
High School District Thief River Falls
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4124
Additional Parcels Y/N N
Virtual Tour https://wellcomemat.com/embed/5gffa012004a1mp2a?mls=1
Standard Status Active
Lender Owned No
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Exterior
Parking Features On-Street Parking Only
Lot Features Accessible Shoreline Irregular Lot
Water Source City Water/Connected
Inclusions Building Business Assets Business Fixture/Equipment Inventory Land Liquor License
Lot Size Area 0.249
Building Area Total 4232
Lot Dimensions 60x145x65x130
Waterfront Y/N Y
Foundation Area 2116
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Foundation Dimensions 46x46
Fuel Natural Gas
Garage Dimensions 25x25
Garage Square Feet 644
Waterfront Feet 65
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Internal Only
Street Number 1 324
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* Excluded Features
List By
Hometown Realty

Broker

angie.westling@trfrealty.com

Email

Affordability Calculator

$3,728
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,384
Monthly Property Taxes
$344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
Pricing History
DatePricePrice ChangeDescription
9/3/2026$490,000 Listed Price

Map


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324 2nd Street E, Thief River Falls, MN, 56701 is a Commercial Property for sale at $490,000 with 4,232 sqft and a lot size of 0.249. 324 2nd Street E was built in 1940. The property's zip code is 56701 which is in Thief River Falls, MN