Property profile

2nd 2Nd St Bemidji, MN 56601

OFF-MARKET
Retail properties & Spaces
42,300 SF
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Property summary

AI-generated overview

This exceptional retail opportunity is located in the vibrant Union Square Shopping Center in Bemidji, Minnesota. Situated at the bustling intersection of Paul Bunyan Drive and 2nd Street NW, this prime location ensures high visibility and significant foot traffic. The property comprises three buildings totaling 42,300 square feet, offering a diverse range of retail spaces. Currently, there are 2,919 square feet of vacant space available, divisible into units ranging from a minimum of 1,076 square feet to a maximum contiguous space of 1,843 square feet. The center benefits from a large parking area with 359 spaces, ensuring ample convenience for customers and employees. The 5.7-acre lot provides ample space for expansion or outdoor activities. This property is ideally suited for a variety of retail businesses seeking a high-traffic location in a thriving community. The area experiences significant traffic from tourists, downtown employees, and University students, creating a strong customer base. The address is 2nd St NW, Bemidji, MN 56601. This is a rare opportunity to secure a prominent retail space in a well-established shopping center with excellent visibility and accessibility. Don't miss out on this chance to establish your business in a prime Bemidji location. Contact us today to learn more about this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 42,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

2nd 2Nd St Bemidji, MN 56601
Bemidji metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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