522 Minnesota Ave - Office/Residential FOR SALE


Bemidji, MN 56601
$1,200,000 USD
218-760-2637
522 Minnesota Ave, Bemidji, MN for Sale
$1,200,000 USD
Office/Residential - FOR SALE
1/19
null | Request Cap Rate

522 Minnesota Ave
Bemidji, MN 56601


HIGHLIGHTS

  • Solid Building great for Mixed Use
  • Potential Boutique Hotel
  • Housing Redevelopment

OVERVIEW

Attention Investors, Visionaries and Serious Developers! Discover the potential of the historic “Federal Building” in the heart of Bemidji, a vibrant regional hub in northern Minnesota. This city, with a greater area population exceeding 100,000 residents, offers a unique blend of small-town charm and big-city amenities. Situated in Bemidji, a bustling college town with a thriving community, the Federal Building is conveniently located near an airport with daily flights to Minneapolis/St. Paul and some of the fastest internet in the country. The building itself is a testament to timeless elegance, featuring a solid brick and granite exterior. It boasts four above-ground floors, complemented by a lower level that houses offices and mechanicals. This 50,000 Sq Ft, multi-floor structure is handicap accessible and includes an elevator, ensuring ease of access for all. Inside, the tall ceilings and numerous windows create an open and spacious feel, making it an inviting space for many purposes. There are about 28 parking spaces in the lot as well. This handsome building is easily adaptable for a range of uses including a startup company, co-working space, or consider a transformation into a modern business hub. With its prime location and robust infrastructure, the Federal Building is poised to become a cornerstone of Bemidji’s future. Exceptional opportunity to invest in a property with numerous possibilities. Priced to accommodate re-purposing or restore to its original splendor. Must see to appreciate. Schedule your viewing today.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$24 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bemidji Federal Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

C

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

Urban Renaissance

APN/PARCEL ID

80.00964.00

ASK ABOUT THIS PROPERTY

Bernadette AguileraHeadwaters Realty ServicesMore Info
218-760-2637

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Bernadette AguileraHeadwaters Realty ServicesMore Info
218-760-2637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.