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1915 Highway 59 S
Thief River Falls, MN 56701
Thief River Falls Inn · Hospitality Property For Sale · 21,162 SF

INVESTMENT HIGHLIGHTS

  • 44 units, single-story, interior corridor
  • 2024 room revenue: $846,019.13
  • Heavily discounted franchise fees - can be transferred to new owner with minimal to no PIP
  • Priced at $25,000/key
  • 2023 room revenue: $1,135,433.64
  • Absentee managed

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.74 AC
Building Size 21,162 SF
No. Stories 2
Year Built/Renovated 1974/2005
Parking Ratio 2.2/1,000 SF
Corridor Interior
Zoning Commercial - Commercial

AMENITIES

  • Business Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-25.04400110
Land Assessment
$198,300
Improvements Assessment
$1,175,200
Total Assessment
$1,373,500
  • Listing ID: 34836508

  • Date on Market: 2/14/2025

  • Last Updated:

  • Address: 1915 Highway 59 S, Thief River Falls, MN 56701

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