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    506 6Th St Bemidji, MN 56601

    Sponsored
    For Sale
    $329,000

    Prime Bemidji location, multi-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This unique Bemidji investment opportunity encompasses a versatile property at 506 6th Street SE, boasting a combined commercial, religious/church, and residential zoning. The property sits on a substantial 11,761.2 square foot lot and includes a 3,800 square foot building constructed in 1930. This building features an open design, easily adaptable to various uses, along with one office, two bathrooms, and a usable dry basement containing a kitchen area. Additionally, a separate three-bedroom, two-bathroom house is included, complete with a single-car garage and a fenced backyard. Both structures utilize forced-air natural gas heating. The property also includes two additional city lots, presenting significant potential for future development. Located in Beltrami County, Minnesota, with a 56601 zip code, this high-visibility property offers a rare blend of commercial and residential uses, making it an attractive investment for a diverse range of buyers. The asking price is $329,000. This property presents a unique opportunity to acquire a substantial mixed-use property in a desirable location with significant potential for growth and customization.

    Property Features for 506 6Th St

    General Information

    Property type
    Churches & religious facilities

    Building Details

    Year Built
    1930

    HighLights

    • $329,000 asking price.
    • 11,761.2 sq ft lot.
    • 1930 construction.
    • 3,800 sq ft building with customizable open design, one office, two bathrooms, and a usable basement with kitchen area.
    • Three‑bedroom, two‑bathroom house with single‑car garage and fenced backyard.
    • Both buildings have forced‑air natural gas heating.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.8617438
    Latitude
    47.4554724

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    FAQs

    What type of property is this?
    Church & religious facility - Prime Bemidji location, multi-use potential.
    Where is this church & religious facility located?
    The property is located at 506 6Th St Bemidji, MN.
    What is the asking price?
    The asking price for this property is $329,000.
    What are key features of this property?
    This property features: $329,000 asking price.; 11,761.2 sq ft lot.; 1930 construction.
    Request Owner's contact information
    506 6Th St 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
    506 6Th St Bemidji, MN 56601
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