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$399,999

  • For Sale
  • Active
  • Business
  • 2,510 Sq. Ft.
  • 0.31 Acres
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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.

Full Property Details for 517 Duluth Ave S

General

  • Price: $399,999
  • Taxes: $6,718 (2025)
  • Status: Active
  • Type: Business
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6696261
  • Updated: 9/11/2025
  • Added to Site: 365 day(s) ago

Interior

  • Appliances: Electric Water Heater, Exhaust Fan, Other

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Parking Features: Parking Lot, Paved

Location

  • County: Pennington
  • Subdivision: Porters Add
  • Driving Directions: take hwy 32 so. in THIEF RIVER FALLS TO THE CORNER OF HWY 32 SO AND DULUTH AVE. SO.

School Information

  • School District: 564 - Thief River Falls
  • High School District: Thief River Falls

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate

Structural Information

  • Exterior Const.: Fiber Cement
  • Basement Desc.: Slab
  • Foundation Size: 2510
  • Roof: Rubber
  • Ceiling Height: 8-10
  • Disability Access: Doors 36"+, Fully Wheelchair, Door Lever Handles
  • Square Feet: 2,510
  • Finished Down/Base.: 2,510 Sq. Ft.
  • Current Bldg. Use: Restaurant
  • Year Built: 1960

Lot Features

  • Lot Size (Acres): 0.31
  • Lot Dimensions: 125 x 100 IRR
  • Frontage: City Street, Curbs, Street Lights, Storm Sewer, Highway
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Irregular Lot

Financial Considerations

  • Tax Amount: $6,718
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: PORTERS ADDITION LOT 8 LESS HWY & LOTS 9 THRU 12 BLK 16
  • Inclusions: Building, Fixture/Equipment
  • Property ID: R2500511460

Listed by USA Realty Thief River Falls

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— 517 Duluth Ave S —

  • USA Realty Thief River Falls

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Schools serving 517 Duluth Ave S

School District:Thief River Falls School District
NameGradesDistance
Challenger Elementary School
601 County Road 61, Thief River Falls, MN 56701
PK-51.3 mi
Franklin Middle School
300 Spruce Avenue South, Thief River Falls, MN 56701
6-81.1 mi
Lincoln Senior High School
101 Knight Avenue South, Thief River Falls, MN 56701
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 517 Duluth Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2025
Price Reduced
$399,999
-10.91%
MLS
6/06/2025
Price Reduced
$449,000
-10.02%
MLS
4/04/2025
Listed
$499,000
31.32%
MLS
6/01/2015
Sold
$380,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 517 Duluth Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,906
102%
$234,700
—
2023
$6,402
20%
$234,700
19%
2022
$5,320
-4%
$197,200
12%
2021
$5,526
—
$176,100
—
2020
$5,552
4%
$176,100
1%
2019
$5,336
3%
$174,000
—
2018
$5,156
-6%
$174,000
1%
2017
$5,474
14%
$171,900
9%
2015
$4,820
—
$158,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by USA Realty Thief River Falls

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517 Duluth Avenue S, Thief River Falls, MN 56701 (MLS# 6696261) is a Business property. 517 Duluth Avenue S is currently listed for $399,999 and was received on April 04, 2025. Want to learn more about 517 Duluth Avenue S? Do you have questions about finding other Business real estate for sale in Thief River Falls? You can browse all Thief River Falls real estate or contact a Coldwell Banker agent to request more information.

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