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    705 Unit Bemidji, MN 56601

    Sponsored
    For Sale
    Contact for pricing

    Large Office, Abundant Parking, All-Inclusive Rent

    Property size:
    4,160 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 4,160 square foot office space is ideally situated at 705 5th Street NW, on the western edge of downtown Bemidji, Minnesota. The property boasts a highly desirable location with convenient access from both the front and rear. This expansive office space offers significant flexibility for a variety of business needs. The building provides ample parking, with over 180 spaces available for tenants and their clients. This is a significant advantage in a busy downtown area. The gross monthly rent of $6,940 is all-inclusive, encompassing property taxes, common area maintenance (CAM) charges, and all utilities. This simplifies budgeting and eliminates the complexities of managing multiple utility bills. The property sits on a generous 4.38-acre lot, providing ample room for expansion or future development. This turnkey solution offers a rare opportunity to secure a substantial, well-located office space with exceptional value and convenience. The all-inclusive rent structure makes this a particularly attractive option for businesses seeking predictable and manageable operating costs. Don't miss this chance to establish your business in a prime downtown Bemidji location.

    Property Features for 705 Unit

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,160 SF
    Lot Size
    190,793 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.88924
    Latitude
    47.47308

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    FAQs

    What type of property is this?
    Office Property / Space - Large Office, Abundant Parking, All-Inclusive Rent
    Where is this office property / space located?
    The property is located at 705 Unit Bemidji, MN.
    What is the asking price?
    The asking price for this property is $6,940.
    (218) 751-2538
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    705 Unit Bemidji, MN 56601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Unit Bemidji, MN 56601
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