$490,000
MLS# 7137868
4232 sqft
1 / 41
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
Owner is an Agent?: No
Auction?: No
Status: Active
Current Price: $490,000
Contingency: None
ListPrice: 490000
List Date: 2026-09-02
Office/Member Info
Association: NWMAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Owner Occupied: Yes
Road Btwn WF & Home?: Yes
Waterfront Frontage: 65
Waterfront YN: Yes
Year Built: 1940
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Lot Dimensions: 60x145x65x130
Acres: 0.24
Lake/Waterfront Name: Red Lake River
Foundation Size: 2116
Garage Stalls: 1
For Sale or Lease: For Sale
Assessment Pending: No
Location, Tax and Other Information
Legal Description: ORIGINAL TOWNSITE OF THIEF RIV ALL THAT PART OF VACATED ATLANTIC AVENUE SO OF 2ND STREET NORTH LESS W 15.50' & LESS E 12.50
Listing City: Thief River Falls
Map Page: 999
Municipality: Thief River Falls
School District: Thief River Falls
School District Phone: 218-681-8711
DNR Lake Classification: Not Applicable
Zip Plus 4: 8415
Property ID Number: 2500340582
Tax Year: 2026
Tax Amount: 4124
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: 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!
Directions: On the corner of Atlantic and 2nd
Accessible
Hallways 42"+: 1
Wheelchair Ramp: 1
Air Conditioning
Ductless: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 4124
Basement
Foundation Dimensions: 46x46
Building Information
Building Finished SqFt: 2116
Building SqFt: 4232
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Foundation
Brick/Mortar: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Lake Details
Lake Depth: 0
Lease Details
Land Leased: Not Applicable
Lot Description
Accessible Shoreline: 1
Irregular Lot: 1
Miscellaneous Information
Exterior Lighting: 1
Homestead: No
Kitchen Facilities: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 25x25
Garage Square Feet: 644
Patio, Porch and Deck Features
Deck: 1
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Flat: 1
Sale Options
Sale Includes: Building, Business Assets, Business, Fixture/Equipment, Inventory, Land, Liquor License
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit Details
Total Units: 1
Water
City Water/Connected: 1
Waterfront Type
River Front: 1
Waterfront View
River: 1
South: 1
On Site Utilities
Heating Common: 1
CMU Style
Business Opportunity: 1
Freestanding: 1
Current Use
Commercial: 1
Food Service: 1
Restaurant: 1
Location Description
Downtown: 1
Free Standing: 1
Potential Use
Lounge/Bar: 1
Office: 1
Professional: 1
Rest/Lounge: 1
Restaurant: 1
Retail: 1
Location Tax and Other Information
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
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.