$490,000
324 2nd Street E
Thief River Falls, MN 56701
MLS# 7137868
4232 sqft


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Property Description
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!

Details
Contract Information
Status: Active
Current Price: $490,000
Contingency: None
ListPrice: 490000
List Date: 2026-09-02
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Road Btwn WF & Home?: Yes
Waterfront Frontage: 65
Waterfront YN: Yes
Year Built: 1940
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2116
Garage Stalls: 1
Lake/Waterfront Name: Red Lake River
For Sale or Lease: For Sale
Acres: 0.24
Lot Dimensions: 60x145x65x130
Assessment Pending: No
Assessments
Tax With Assessments: 4124
Basement
Foundation Dimensions: 46x46
Building Information
Building Finished SqFt: 2116
Building SqFt: 4232
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 25x25
Garage Square Feet: 644
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
Unit Details
Total Units: 1
Location Tax and Other Information
House Number: 324
Street Name: 2nd
Street Suffix: Street
Street Direction Suffix: E
Postal City: Thief River Falls
County: Pennington
State: MN
Zip Code: 56701
Complex/Dev/Subdivision: Townsite/Thief River Falls
Property Features
Accessible: Hallways 42"+; Wheelchair Ramp
Air Conditioning: Ductless
CMU Style: Business Opportunity; Freestanding
Construction Status: Previously Owned
Current Use: Commercial; Food Service; Restaurant
Exterior: Brick/Stone
Foundation: Brick/Mortar
Fuel: Natural Gas
Heating: Forced Air
Location Description: Downtown; Free Standing
Lot Description: Accessible Shoreline; Irregular Lot
Miscellaneous Information: Exterior Lighting; Kitchen Facilities
On Site Utilities: Heating Common
Potential Use: Lounge/Bar; Office; Professional; Rest/Lounge; Restaurant; Retail
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Flat
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Waterfront Type: River Front
Waterfront View: River; South

IDX
Listing Office: Hometown Realty

Last Updated: September - 02 - 2026

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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.