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$ 1,390,000
Est. payment | /mo
6,969 Sqft Lot
$ 1,390,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Bemidji
MLS Listing ID 6685019
Year Built 1960
Annual Tax Amount $12,640
Tax Year 2024
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 140x50
Property Sub-Type Office
Property Description
Prime investment opportunity in downtown Bemidji! This 23-suite professional office building boasts a strong 8.54% Cap Rate with 100% occupancy, ensuring immediate and stable cash flow. Featuring modern amenities, including a camera security system, electronic locks, and a main floor conference room, this well-maintained property offers an ideal environment for businesses. Strategically located in the heart of Bemidji, this turnkey asset is perfect for investors seeking a high-performing commercial property in a thriving market.
Location
State MN
County Beltrami
Zoning Business/Commercial
Interior
Heating Boiler, Forced Air, Hot Water, Radiant
Cooling Central Air
Inclusions Building, Fixture/Equipment, Land, Other
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Common, Heating Common
Present Use Professional Service
Building
Foundation 7000
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Stucco
Schools
School District Bemidji
Listed by Andy Williams • Andy Williams Realty Group, LLC