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Property profile & analytics
OFF-MARKET Estimated value $1,170,000
Retail space

677 Anne NW St Bemidji, MN 56601-4390

19,250 SF 2.17 ac lot Built 2005
Entity Owned Free & Clear
Property ID
US46-0401455
Property summary
AI-generated overview

This exceptional office building, located at 677 Anne Street NW in Bemidji, Minnesota, presents a significant investment opportunity. Boasting a substantial 18,477 square feet of office space, this property sits on a generous 2.17-acre lot, offering ample room for expansion or future development. The building's size and layout provide considerable flexibility for a variety of business needs, from single-tenant occupancy to multi-tenant configurations. Its prime location in Bemidji offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the area. The asking price of $18 million reflects the significant value and potential of this property. Detailed floor plans and specifications are available upon request. This is a rare opportunity to acquire a substantial and well-situated office building in a thriving Minnesota community. Serious inquiries only. The property is offered as-is. Further due diligence is encouraged to fully assess the property's suitability for your specific business requirements. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2005
Construction FRAME
Total area 19,250 SF
Lot 2.17 ac (94,525 SF)
APN 80.07202.00
UPID US46-0401455
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
by Request
Comparable Approach Comparable
$1.13M
Blend (final) Blend
$1.17M
Owner & transaction history
BLUFF VIEW PROPERTIES II LLC
BLUFF VIEW PROPERTIES II LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +30.5%
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