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    205 Beltrami NW Ave Bemidji, MN 56601-4007
    Property profile & analytics

    205 Beltrami NW Ave Bemidji, MN 56601-4007


    • Retail space
    • 3,500 SF
    • 0.16 lot acres
    Off-Market
    Last Sale Apr 17, 2025
    $250,000
    Property ID
    US46-2471363
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 205 Beltrami NW Ave

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    3,500 SF
    Property type
    Retail space
    APN
    80.01101.00
    APU
    800110100

    Description

    This unique 1883 Bemidji property at 205 Beltrami Avenue NW offers a compelling investment opportunity. Situated on a 3,484.8 square foot lot, this building boasts a striking Chicago brick exterior and is ideally located within walking distance of downtown amenities. The property features three upper-level apartments; one is currently leased for $830 per month, one is owner-occupied, and one is vacant. On the ground floor, three commercial spaces generate additional income. Space 205 (22 ft wide x 30 ft deep), currently owner-occupied, previously housed a salon and tanning/skincare business. Space 207 (18 ft x 28 ft) is leased for $550 per month, and space 209 (16 ft x 32 ft with 11 ft ceilings) operates as a record shop, generating $850 in monthly rent. The building's versatility allows for diverse uses, limited only by the buyer's vision. A recently installed natural gas boiler helps manage winter heating costs, and each unit has its own electric meter and backup electric heat. This mixed-use property presents a rare chance to acquire a historic building with established rental income in a vibrant downtown location. The property is zoned for commercial, storefront, restaurant, warehouse, executive office, and residential uses.


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    Location Insight

    • Map
    • Local Demand
    City
    Bemidji
    County
    Beltrami
    State
    Minnesota
    Longitude
    -94.8814
    Latitude
    47.4699
    CBSA code
    13420
    CBSA name
    BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,732
    $28,000
    $140,100
    $168,100
    -
    $28,000
    $140,100
    $168,100
    More about this property
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