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Active
$1,600,000
/mo Edit
Commercial:  2 Stories
Built 1910
0.32 acres
Bemidji schools
MLS# 7018698
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    Property Description

    Exceptional mixed use investment opportunity in the heart of Bemidji, surrounded by growing business activity and ongoing downtown momentum. Opportunities like this rarely come available. This well maintained property features a strong long term commercial anchor tenant, plus five total commercial suites and nine residential apartments, all supported by a solid rental history and consistent occupancy. The building is in excellent condition, reflecting pride of ownership and thoughtful upkeep. With stable in-place income and future upside potential, this asset offers both security and blue sky opportunity for the next investor looking to capitalize on Bemidji’s continued growth.

    Listing

    Contingency: None
    City: Bemidji
    County: Beltrami
    State: MN
    Property Style: 2 Stories
    Zip Code: 56601
    Subdivision Name: Bemidji

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 7,000 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features:
    • More Parking Onsite for Fee
    • On-Street Parking Only

    Lot & Land

    Acres: 0.32
    Geolocation: 47.470228, -94.88245
    Inclusions: Building, Leases
    Lot Dimensions: 50 x 140 x 50 x 140
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 31
    District Phone: 2183333100

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,996
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $13,242

    Units

    Total Units: 15

    Miscellaneous

    Current Use:
    • Commercial
    • Office
    • Professional Service
    Fuel System:
    • Electric
    • Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.