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    OFF-MARKET
    Turn key restaurants

    414 Beltrami NW Ave, Bemidji, MN 56601-3107

    7,000 SF 0.16 ac lot Built 1940
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US46-2051432
    Property summary
    AI-generated overview

    This exceptional commercial property at 414 Beltrami Avenue NW in Bemidji, Minnesota, presents a unique investment opportunity. The 0.16-acre lot is zoned for Business/Commercial use and features a single-tenant building totaling 2250 square feet. Currently operating as a restaurant, this highly desirable location sits in the heart of Bemidji's downtown "Eat Street," ensuring high visibility and foot traffic. The property's APN is 800101800. The building is situated on a sizable lot, offering potential for expansion or outdoor seating. This is a single-suite property, ideal for a variety of commercial uses. The property is available for sale, offering a chance to own a piece of Bemidji's thriving commercial landscape. The address is 414 Beltrami Avenue NW, Bemidji, MN 56601. The property's latitude and longitude coordinates are 47.472225 and -94.8810015, respectively. This prime location is ready for a new owner to take advantage of its established presence and high-traffic area. The property is available for occupancy November 1st, 2024.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1940
    Construction WOOD
    Total area 7,000 SF
    Lot 0.16 ac (7,000 SF)
    APN 80.01018.00
    UPID US46-2051432
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Stardust LLC · 3 yrs held
    Stardust LLC
    since 2023
    Last sale
    $539,000
    1 recorded transaction
    2023
    $539,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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