219 Bemidji Ave, Bemidji, MN 56601
This exceptional 1,272 square foot commercial land parcel, located at 219 Bemidji Avenue N in Bemidji, Minnesota, presents a unique investment opportunity. The property, built in 1910, boasts a highly desirable location across from Paul and Babe, ensuring high visibility and foot traffic. Previously home to a successful ice cream shop (operating from mid-April to early October), the site benefits from a loyal customer base and established business history. The shop, licensed by the Minnesota Department of Health, offered a diverse menu including super-premium ice cream, sherbets, vegetarian-friendly Italian ices, non-dairy options, and gluten-free choices. Mini donuts were also sold. The interior comfortably seated 30 patrons, with additional limited outdoor seating. The property's prime location in Bemidji, a thriving community with strong support for arts, sports, and education (including four colleges and a great school system), offers significant potential for a variety of commercial ventures. The zip code is 56601. This is a rare chance to acquire a well-situated commercial lot in a vibrant Minnesota city. The asking price is $155,000.
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
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Risks
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