815 Beltrami AveBemidji, MN 56601

This exceptional 89,733.6 square foot commercial land parcel, located at 815 Beltrami Avenue NW in Bemidji, Minnesota, presents a unique investment opportunity. The property, built in 1959, encompasses an entire city block just north of downtown Bemidji and previously served as the Central School. The substantial existing building offers over 42,000 square feet of space, including a full-size gymnasium and a commercial kitchen. On-site amenities include ample parking, a playground, and green space. Significant improvements have been made, including a new boiler system installed in 2007 and new roofs in 2009 and 2011. The property's versatility allows for a wide range of potential uses, making it an attractive prospect for developers and investors. However, prospective buyers should be aware of deed restrictions prohibiting K-12 educational use and the sale or production of marijuana products. This prime location in a thriving Minnesota city offers significant potential for future development and substantial return on investment. The asking price for this expansive property is $600,000. The property's zip code is 56601, and it is situated in Beltrami County.