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Active
$424,900
/mo Edit
Commercial:  2 Stories
Built 1920
0.048 acres
Bemidji schools
MLS# 7145941
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    Property Description

    Downtown Mixed-Use Building – Redevelopment Opportunity Unlock the potential of this centrally located mixed-use building in the heart of downtown. The property offers a unique opportunity for an investor, owner-user, or entrepreneur looking to create a customized commercial and residential space. The entire property is currently vacant, providing a clean slate for redevelopment. The main-level commercial space was previously home to a long-running laundromat and offers approximately 2125 sq ft of versatile space. The second floor features three residential apartment units, all of which have been completely demoed and are ready to be renovated and updated. This allows a new owner the flexibility to help the seller select finishes, layouts, and amenities to create desirable downtown residential units. With commercial space on the main level and three apartments above, this property presents an opportunity to reposition and customize the entire building to meet today's market demands. Its downtown location provides convenient access to shopping, dining, services, and other amenities. 100% vacant and ready for redevelopment—bring your vision and make this downtown property your own.

    Listing

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

    Interior

    Basement Details:
    • Block
    • Full
    • Owner Access

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,125 ft2
    Handicap Accessible: None
    Heating System:
    • Baseboard
    • Forced Air
    Parking Features: On-Street Parking Only
    Roof Details: Rubber

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.048
    Geolocation: 47.471735, -94.882372
    Inclusions: Building
    Lot Dimensions: 25 x 85
    Zoning:
    • Business/Commercial
    • Residential-Multi-Family

    Schools

    School District: 31
    District Phone: 2183333100

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,346
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,346

    Units

    Total Units: 4

    Miscellaneous

    Current Use: Laundromat
    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    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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    Listing provided by RMLS, courtesy of Grimes Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.