705 Unit, Bemidji, MN 56601
This exceptional 4,160 square foot office space is ideally situated at 705 5th Street NW, on the western edge of downtown Bemidji, Minnesota. The property boasts a highly desirable location with convenient access from both the front and rear. This expansive office space offers significant flexibility for a variety of business needs. The building provides ample parking, with over 180 spaces available for tenants and their clients. This is a significant advantage in a busy downtown area. The gross monthly rent of $6,940 is all-inclusive, encompassing property taxes, common area maintenance (CAM) charges, and all utilities. This simplifies budgeting and eliminates the complexities of managing multiple utility bills. The property sits on a generous 4.38-acre lot, providing ample room for expansion or future development. This turnkey solution offers a rare opportunity to secure a substantial, well-located office space with exceptional value and convenience. The all-inclusive rent structure makes this a particularly attractive option for businesses seeking predictable and manageable operating costs. Don't miss this chance to establish your business in a prime downtown Bemidji location.
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
Similar Nearby for Sale
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.