Listing Agency: SJ Commercial Advisors

Listed By: Sheila Johnson · License #40265813 Show Phone

Source: Exprealty

Added: Feb 11 Changed: Oct 8 Last Checked: Oct 20 at 9:55PM

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Investment Insights

Based on property information with market context.

This versatile commercial space is offered for sale and is well suited for office, medical, or other professional use. The tenant is responsible for securing and paying for individual phone and internet services.

Lease rates are negotiable based on square footage and lease term, allowing flexibility for qualifying arrangements.

Because specific suite configuration, building size, and other interior details were not provided, interested parties should request additional information to confirm layout and suitability for their intended use.

Key Highlights

• Versatile commercial space suited for office, medical, or other professional uses
• Tenant is responsible for securing and paying for individual phone services
• Tenant is responsible for securing and paying for individual internet services

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Dental Office Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$2.85 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

814

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 Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Versatile office or medical-focused space with tenant-paid phone and internet services.

Where is this office building located?

The property is located at 403 4th St Nw Bemidji, MN.

What is the lease rate?

The lease rate is $19 SF/Yr.

What are key features of this property?

This property features: Versatile commercial space suited for office, medical, or other professional uses; Tenant is responsible for securing and paying for individual phone services; Tenant is responsible for securing and paying for individual internet services