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Active
$1,390,000
/mo Edit
Commercial:  Office
Built 1960
0.16 acres
Bemidji schools
MLS# 6685019
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    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.

    Listing

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

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 7,000 ft2
    Foundation Dimensions: 140x50
    Handicap Accessible: Doors 36"+, Fully Wheelchair, Hallways 42"+, Accessible for Hearing-Impairment, Door Lever Handles, No Stairs External, Partially Wheelchair, Smart Technology
    Heating System:
    • Boiler
    • Forced Air
    • Hot Water
    • Radiant
    Parking Features: On-Street Parking Only
    Shared Amenities: Security
    Exterior Material:
    • Brick/Stone
    • Stucco

    Lot & Land

    Acres: 0.16
    Geolocation: 47.473497, -94.880726
    Inclusions: Building, Fixture/Equipment, Land, Other
    Lot Dimensions: 140 x 50
    Zoning: Business/Commercial

    Schools

    School District: 31
    District Phone: 218-333-3100

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $12,640
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,640

    Units

    Total Units: 23

    Miscellaneous

    Current Use: Professional Service
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Andy Williams Realty Group, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.