Mixed-Use Retail with Residential
For Sale
$425,000
223 3rd Street NW, Bemidji, MN 56601
Built in 1908, this corner building combines a main-floor retail store with three residential units.
Property Size5,300 SF
Price / SF$80.19
Days on Market97
Property Features for 223 3rd Street NW
General Information
Standard status
Active
Size
5,300 SF
Property subtype
Commercial
Zoning
Business/Commercial, Residential-Multi-Family
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$4,130
Building Details
Building Size
5,300 SF
Year Built
1908
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Century 21 Dickinson
(218) 751-1228
Listed By:
Mark Dickinson
(218) 751-1228
Source:
Juverealestate
Added: May 21
Changed: Aug 25
Last Checked: Aug 25 at 9:09AM
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 Century 21 Dickinson
Investment Insights
Based on property information with market context.
Located at 223 3rd St NW in Bemidji, MN, this landmark mixed-use building was originally constructed as the First National Bank building in 1908. The property features a main floor retail store, along with three additional residential units: two on the upper level and one located in the basement.
The building sits on the corner of 3rd and Minnesota and has been well maintained, with a stated track record of strong rental history. The original construction is noted for its character and charm, supporting its continued use as a revenue-generating mixed-use asset.
For buyers seeking a single structure that supports both retail and residential income, this configuration offers an established layout with dedicated space for the retail tenant on the ground level and separate unit space above and below.
The building sits on the corner of 3rd and Minnesota and has been well maintained, with a stated track record of strong rental history. The original construction is noted for its character and charm, supporting its continued use as a revenue-generating mixed-use asset.
For buyers seeking a single structure that supports both retail and residential income, this configuration offers an established layout with dedicated space for the retail tenant on the ground level and separate unit space above and below.
Key Highlights
- Landmark corner building at 3rd St and Minnesota Ave, originally the First National Bank building.
- Built in 1908 with original construction and character.
- Main floor features a retail store.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
793
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?
Triplex - Built in 1908, this corner building combines a main-floor retail store with three residential units.
Where is this triplex located?
The property is located at 223 3rd Street NW Bemidji, MN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Landmark corner building at 3rd St and Minnesota Ave, originally the First National Bank building.; Built in 1908 with original construction and character.; Main floor features a retail store.
