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1907 Norton Ave Bemidji, MN 56601

For Sale
$950,000

2.4-Acre Lot, R-6 Zoning, High Potential

Property size:
1,824 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional 2.4-acre parcel, located at 1907 Norton Avenue NW in Bemidji, Minnesota, presents a prime opportunity for the development of a multi-family complex. The property boasts an impressive 1,824 square feet and is zoned R-6, specifically designated for multi-family residential use. Its strategic location within an established area of similar apartment complexes ensures high visibility and strong potential for tenant occupancy. The existing structure on the property offers a blank canvas for a new development, allowing for complete customization to meet the needs of a modern multi-family project. This is an ideal investment for developers seeking to capitalize on the growing demand for rental housing in Bemidji. The substantial lot size provides ample space for a sizable complex, offering flexibility in design and unit configurations. Given the surrounding development and the favorable zoning, this property represents a rare and compelling opportunity to create a thriving multi-family community. The asking price of $950,000 reflects the significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional development opportunity further. All information is deemed reliable but not guaranteed and should be independently verified.

Property Features for 1907 Norton Ave

General Information

Property type
Residential income properties
Square Feet
1,824 SF
Lot Size
104,544 SF

Building Details

Year Built
1956

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bemidji
County
Beltrami
State
Minnesota
Longitude
-94.89378
Latitude
47.48697

FAQs

What type of property is this?
Residential income property - 2.4-Acre Lot, R-6 Zoning, High Potential
Where is this residential income property located?
The property is located at 1907 Norton Ave Bemidji, MN.
What is the asking price?
The asking price for this property is $950,000.
More about this property
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