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218 Minnesota Ave NW, Bemidji, MN 56601-4027 218 Minnesota Ave NW 14,000 SF 100% Leased Office Building Bemidji, MN 56601 $1,600,000 ($114.29/SF)
Investment Highlights
- Mixed-Use Commercial Property
- High Daily Activity Area
- Central Business District Location
- Downtown Bemidji Location
- Strong Location for Mixed-Use Tenants
- Walkable Downtown Corridor
Executive Summary
218 3rd Street NW is a mixed-use commercial property located in the heart of downtown Bemidji, Minnesota. The building features a combination of professional service and residential space, providing a diversified use profile within a walkable downtown corridor supported by steady daily activity.
The property is zoned Business/Commercial and allows for continued mixed-use occupancy, with flexibility for future repositioning or alternative commercial uses. Residential units contribute additional income potential, while the commercial component supports office and service-oriented tenants seeking a central downtown presence.
Utilities for electric, heating, and hot water are separately metered, offering operational efficiency and flexibility for ownership. On-street parking is available in the immediate area, with additional parking options available nearby for a fee.
Pricing is intentionally excluded from public marketing. Financial information, rent roll, and additional property details are available upon request. Contact the listing broker for further information or to schedule a tour.
The property is zoned Business/Commercial and allows for continued mixed-use occupancy, with flexibility for future repositioning or alternative commercial uses. Residential units contribute additional income potential, while the commercial component supports office and service-oriented tenants seeking a central downtown presence.
Utilities for electric, heating, and hot water are separately metered, offering operational efficiency and flexibility for ownership. On-street parking is available in the immediate area, with additional parking options available nearby for a fee.
Pricing is intentionally excluded from public marketing. Financial information, rent roll, and additional property details are available upon request. Contact the listing broker for further information or to schedule a tour.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
B
Year Built
1910
Price
$1,600,000
Price Per SF
$114.29
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,000 SF
Opportunity Zone
Yes
Zoning
Mixed Use
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (82)
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218 Minnesota Ave NW, Bemidji, MN 56601-4027 | 218 Minnesota Ave NW
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