218 Minnesota Avenue NW,Bemidji, MN 56601
Bemidji, MN 56601
Description
Exceptional mixed use investment opportunity in the heart of Bemidji, surrounded by growing business activity and ongoing downtown momentum. Opportunities like this rarely come available. This well maintained property features a strong long term commercial anchor tenant, plus five total commercial suites and nine residential apartments, all supported by a solid rental history and consistent occupancy. The building is in excellent condition, reflecting pride of ownership and thoughtful upkeep. With stable in-place income and future upside potential, this asset offers both security and blue sky opportunity for the next investor looking to capitalize on Bemidji's continued growth.
Details
| MLS # | 7018698 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 263 |
| Listing Provided By | SJ Commercial Advisors | Sheila Johnson |
Features
| SQ Feet | 11,670 |
|---|---|
| Story(s) | 2 |
| Units | 15 |
| Zoning | Business/Commercial,Residential- |
| Acreage | 0.32 |
Interior
| Heating | Baseboard, Forced Air |
|---|
Parking
| Parking Features | On-Street Parking Only, More Parking Onsite for Fee |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|
Taxes
| Property | 10996 |
|---|
Area Information
| State | MN |
|---|---|
| County | Beltrami |
| City | Bemidji |
| Zip Code | 56601 |
| Community Name | Bemidji |
| School District | 31 |
| High School | Bemidji |
| Listing VS Median (in Bemidji) | |
Price: $1,499,900 low | high Med: $424,950 sqft: 11,670 low | high Med: 5,775 $ / sqft: $129 low | high Med: $74 On site: 263 low | high Med: 104 | |
Market Activity 56601
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Beltrami |
| City | Bemidji |
| Zip Code | 56601 |
| Community Name | Bemidji |
| School District | 31 |
| High School | Bemidji |
| Listing VS Median (in Bemidji) | |
Price: $1,499,900 low | high Med: $424,950 sqft: 11,670 low | high Med: 5,775 $ / sqft: $129 low | high Med: $74 On site: 263 low | high Med: 104 | |