2300 24th NW St, Bemidji, MN 56601-6379
This exceptional Class A commercial property, located at 2300 24th St NW in Bemidji, Minnesota, 56601, offers a prime opportunity for businesses seeking flexible and modern office space. The 17,018 square foot building, constructed in 2006, features multiple suites ranging from 1,809 to 5,650 contiguous square feet, with a total of 5 suites available. Currently, 7,459 square feet are vacant, providing significant space for expansion or multiple tenants. The property is categorized as Retail, Office, and Special Purpose, suitable for Executive Office, Medical Office, or Traditional Office uses. The 0.67-acre lot provides ample parking with 130 spaces available for tenants and clients. The building boasts convenient access from Highways 2 and 71, placing it in a high-traffic area with excellent visibility. Its strategic location directly south of Home Depot and near numerous medical providers, big-box retailers (Target, Menards, Walmart), and other medium-box retailers ensures high foot traffic and brand recognition. Power is supplied by Ottertail. Pylon signage opportunities are available, enhancing visibility and brand awareness. This property presents a rare opportunity to establish a thriving business in a dynamic and growing commercial neighborhood.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.