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    OFF-MARKET
    Land

    219 Bemidji Ave, Bemidji, MN 56601

    Built 1910
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Year built 1910
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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