$399,900
Thief River Falls, MN 56701
MLS# 7071997
Status: Pending
2510 sqft
1 / 37
Property Description
INCREDIBLE LOCATION!! This former Dairy Queen is waiting for your dream! over 2500 sq ft. seating for about 50. Includes exhaust hood systems, walk in cooler and freezer are about 5 years old. 2 bathrooms, Drive up window! AC unit was installed in 2021. parking lot was repaved about 5 years ago. rubber roof is about 4 years old. there is an outside patio area. There is a deed restriction that will be put on the property that will not allow the sale or distribution of frozen treats such as ice cream, yogurt, novelties ect. exact verbage to be determined at time of sale. MN DOT TRAFFIC COUNT FOR 2019 WAS 5900 CARS PER DAY. renter pays $1500 per month plus utilities and maintenance. Equipment that stays with are the sinks and coolers. The ownewr would also consider selling the ice machine and the security system. IF BUYER DOES NOT NEED THE WALKIN COOLER, FREEZER AND EXTRA AC UNIT THE SELLER WOULD REDUCE PRICE AND KEEP THOSE.
Details
Maps
Documents
Contract Information
Status: Pending
Off Market Date: 2026-05-11
Current Price: $399,900
Contingency: None
ListPrice: 399900
List Date: 2026-05-11
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 2510
For Sale or Lease: For Sale
Acres: 0.3
Lot Dimensions: 125X100 IRR
Assessment Pending: No
Assessments
Assessment Balance: 358.36
Tax With Assessments: 6718
Basement
Foundation Dimensions: 28X50+ 10X39+10X40+8X10+10X24
Building Information
Building Finished SqFt: 2510
Building SqFt: 2510
Ceiling Height: 8-10
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Sale Options
Sale Includes: Building, Fixture/Equipment
Unit Details
Total Units: 1
Location Tax and Other Information
House Number: 517
Street Name: Duluth
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Thief River Falls
County: Pennington
State: MN
Zip Code: 56701
Complex/Dev/Subdivision: Porters Add
Property Features
Accessible: Door Lever Handles; Doors 36"+; Fully Wheelchair
Air Conditioning: Central Air
Appliances: Other
Assumable Loan: Not Assumable
CMU Style: Business Opportunity
Commercial Kitchen Appliances: Walk-In Cooler/Freezer
Construction Materials: Brick; Frame
Construction Status: Previously Owned
Current Use: Restaurant
Exterior: Cement Board
Flooring: Tile
Foundation: Slab
Fuel: Electric; Natural Gas
Heating: Forced Air
Lot Description: Corner Lot; Irregular Lot
Miscellaneous Information: 2+ Lavatories; Delivery Door; Kitchen Facilities
On Site Utilities: Electric Separate; Heating Separate
Parking Characteristics: Parking Lot; Paved Lot
Road Frontage: City Street; Curbs; Highway; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Rubber
Sewer: City Sewer/Connected
Stories: One
Topography: Level
Wall Description: Drywall; Finished
Water: City Water/Connected
Window Features: Display Window(s)
499 COMMERCIAL REAL ESTATE DISCLOSURE SI 
Listing Office: USA Realty Thief River Falls
Last Updated: May - 11 - 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.