L1 Grant Ave Bemidji, MN 56601
This exceptional 0.6-acre commercial land parcel presents a remarkable investment opportunity in the vibrant South Shore Addition of Bemidji, Minnesota. Located at L1 B8 Grant Avenue NE, 56601, this property boasts a prime location with unparalleled access to key amenities and attractions. Its Business/Commercial zoning allows for a wide range of development possibilities, making it an attractive prospect for entrepreneurs and investors alike. The lot's proximity to Nymore Beach and the Paul Bunyan Trail provides stunning views and recreational opportunities, while its convenient location places it within walking distance of three hotels, two restaurants, and the Sanford Center. This strategic positioning ensures high visibility and accessibility, attracting a substantial customer base. The asking price is $130,680. This is a rare chance to establish a thriving business in a highly desirable area of Bemidji, offering both immediate returns and long-term growth potential. Don't miss this exceptional opportunity to become part of the Lake Bemidji skyline. The property is zoned for Business/Commercial use. Latitude and longitude coordinates are 47.4616609, -94.853487 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.