$580,000
213 Labree Avenue N
Thief River Falls, MN 56701
MLS# 6487451



213 Labree Avenue N, Thief River Falls, MN 56701
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213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701 213 Labree Avenue N, Thief River Falls, MN 56701

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.

Details
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $580,000
Contingency: None
ListPrice: 580000
List Date: 2024-02-12
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 2
Owner Occupied: No
Year Built: 1920
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 7000
For Sale or Lease: For Sale
Acres: 0.16
Lot Dimensions: 50 X 140
Location, Tax and Other Information
Legal Description: ORIGINAL TOWNSITE OF THIEF RIV LOTS 7 & 8 BLK 36
Listing City: Thief River Falls
Map Page: 999
Municipality: Thief River Falls
Rental License?: No
School District Phone: 218-681-8711
House Number: 213
Street Name: Labree
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Thief River Falls
County: Pennington
State: MN
Zip Code: 56701
Zip Plus 4: 4510
Property ID Number: R2500330560
Complex/Dev/Subdivision: Thief River Falls
Tax Year: 2024
Tax Amount: 13787.5
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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.
Directions: LaBree Ave N (1 block East of Main Street). Property is on the West side of the Avenue.
Assessments
Assessment Balance: 4170.85
Tax With Assessments: 14574
Basement
Foundation Dimensions: 7000
Building Information
Building Finished SqFt: 15800
Building SqFt: 17600
Income and Expenses
Annual Electric Expense: 16216
Annual Fuel Expense: 6619
Annual Gross Income: 117162
Annual Insurance Expense: 4865
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Land
Unit Details
Total Units: 1
Property Features
Accessible: Accessible Elevator Installed
Air Conditioning: Central
Basement: Partial
CMU Style: Mixed Use
Construction Status: Previously Owned
Current Use: Commercial
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Downtown
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Owner Pays: Electricity; Heat; Hot Water; HVAC Maintenance; Insurance; Maintenance/Repair; Management; Parking Fee; Repairs; Sewer; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Parking Lot; Off Site
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Rubber
Sewer: City Sewer/Connected
Stories: Three Or More
Tenant Pays: Broadband; Cable TV; See Remarks; Telephone
Wall Description: Drywall
Water: City Water/Connected

Listing Office: USA Realty Thief River Falls

Last Updated: April - 22 - 2024

213 Labree Avenue N, Thief River Falls, MN 56701 - MLS# 6487451
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.