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Property profile & analytics
OFF-MARKET
Office buildings

702 5th NW St Bemidji, MN 56601-2976

1,026 SF 0.24 ac lot Built 1981
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US46-2454972
Property summary
AI-generated overview

This well-maintained commercial office building, located at 702 5th Street NW in Bemidji, Minnesota, presents a fantastic investment opportunity. Built in 1981, the property sits on a generous 8,276.4 square foot lot and offers excellent visibility due to its high-traffic frontage. The interior comprises three private offices, a reception area with a desk, and a recently updated breakroom. The breakroom features brand new cabinets, a refrigerator, and a table with chairs. The building's bathroom has also undergone a complete renovation, boasting new fixtures. This property is ideal for a variety of businesses seeking a well-established and conveniently located office space in the heart of Bemidji. The asking price is $199,900. The property's zip code is 56601, and it is situated in Beltrami County. The property is classified as both Commercial and Executive Office space. This is a rare opportunity to acquire a turn-key office building in a desirable location. The property's excellent condition and convenient amenities make it an attractive option for businesses seeking a productive and comfortable workspace. The building's strategic location ensures high visibility and accessibility for clients and employees alike. Don't miss this chance to own a piece of Bemidji's thriving commercial landscape.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1981
Construction FRAME
Total area 1,026 SF
Lot 0.24 ac (10,500 SF)
APN 80.02988.00
UPID US46-2454972
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
Jfc Mn Holdings LLC · 1 yrs held
Jfc Mn Holdings LLC
since 2025
Last sale
$185,000
3 recorded transactions
2025
$185,000
2024
Price N/A
2022
$171,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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