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    FOR SALE
    Office buildings

    713 Beltrami Ave NW, Bemidji, MN 56601

    2,584 SF 0.24 ac lot Built 1976
    Entity Owned 21-yr Hold ~ Est. High Equity
    Property ID
    US46-2748717
    Property summary
    AI-generated overview

    This well-located 2,584 square foot office building in downtown Bemidji, Minnesota, presents a fantastic opportunity for businesses seeking a comfortable and convenient workspace. Situated on a 0.24-acre lot, the property boasts ample off-street paved parking for employees, ensuring easy access and convenience. The building itself features six individual offices, perfect for a variety of business configurations, along with a dedicated conference room ideal for meetings and presentations. A welcoming reception area provides a professional first impression, and two bathrooms add to the overall functionality. The property also includes a sizable yard area, offering potential for outdoor use or expansion. A full, unfinished basement provides significant additional storage or potential for future development. The building offers easy street and alley access, enhancing both accessibility and logistical efficiency. A lease option may be available for qualified tenants, providing flexibility for potential occupants. This property is an excellent choice for businesses seeking a well-maintained, centrally located office space in a thriving community.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1976
    Construction WOOD
    Total area 2,584 SF
    Lot 0.24 ac (10,500 SF)
    APN 80.00887.00
    UPID US46-2748717
    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
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    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Ksj Properties LLC · 21 yrs held
    Ksj Properties LLC
    since 2005
    3 recorded transactions
    2023
    2020
    2005
    $240,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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