Mixed-Use Investment
For Sale
$1,600,000
218 Minnesota Ave Nw, Bemidji, MN 56601
Well-maintained mixed-use building with a long-term commercial anchor, five commercial suites, and nine residential apartments.
Property SizeContact for details
Days on Market186
Property Features for 218 Minnesota Ave Nw
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$10,996
Listing Agency:
SJ Commercial Advisors
(218) 556-9361
Listed By:
Sheila Johnson · License #40265813
(218) 556-9361
Source:
Exprealty
Added: Feb 11
Changed: Aug 8
Last Checked: Aug 8 at 9:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SJ Commercial Advisors
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property combines commercial and residential income in a single building. The offering includes a long-term commercial anchor tenant, five total commercial suites, and nine residential apartments. Public remarks indicate a solid rental history, consistent occupancy, and pride of ownership through thoughtful upkeep, with the building described as being in excellent condition.
The property is located at 218 Minnesota Ave NW in Bemidji, MN, positioned in the downtown area amid ongoing business activity and momentum.
From a configuration standpoint, the mix of in-place commercial and residential units supports a diversified income stream within one asset.
The property is located at 218 Minnesota Ave NW in Bemidji, MN, positioned in the downtown area amid ongoing business activity and momentum.
From a configuration standpoint, the mix of in-place commercial and residential units supports a diversified income stream within one asset.
Key Highlights
- Well‑maintained mixed‑use building in Bemidji with one long‑term commercial anchor tenant
- Includes five total commercial suites for income‑producing retail/office space
- Features nine residential apartments for additional rental income
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
244
Businesses Nearby
Explore this area
Business Placement
Demographics for 56601, MN
34,647
Population
16,104
Households
2.2
Avg Household Size
36
Median Age
38%
College-Educated
95%
High-School Grad
371.1 sq mi
ZIP Area
93
Density / Sq Mi
$69,782
Median Household Income
$37,498
Median Earnings
$1,033
Median Rent
$242,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained mixed-use building with a long-term commercial anchor, five commercial suites, and nine residential apartments.
Where is this apartment building located?
The property is located at 218 Minnesota Ave Nw Bemidji, MN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well‑maintained mixed‑use building in Bemidji with one long‑term commercial anchor tenant; Includes five total commercial suites for income‑producing retail/office space; Features nine residential apartments for additional rental income
