1907 Norton AveBemidji, MN 56601

Property Details for 1907 Norton Ave

Year built

1956

Lot size

2.40 AC

Property size (Sq ft)

1,824 SF

Property type

Apartment buildings

Description

This exceptional 2.4-acre parcel, located at 1907 Norton Avenue NW in Bemidji, Minnesota, presents a prime opportunity for the development of a multi-family complex. The property boasts an impressive 1,824 square feet and is zoned R-6, specifically designated for multi-family residential use. Its strategic location within an established area of similar apartment complexes ensures high visibility and strong potential for tenant occupancy. The existing structure on the property offers a blank canvas for a new development, allowing for complete customization to meet the needs of a modern multi-family project. This is an ideal investment for developers seeking to capitalize on the growing demand for rental housing in Bemidji. The substantial lot size provides ample space for a sizable complex, offering flexibility in design and unit configurations. Given the surrounding development and the favorable zoning, this property represents a rare and compelling opportunity to create a thriving multi-family community. The asking price of $950,000 reflects the significant potential for return on investment. Serious inquiries are encouraged to explore this exceptional development opportunity further. All information is deemed reliable but not guaranteed and should be independently verified.

Location Insight

City

Bemidji

County

Beltrami

State

Minnesota

Latitude

47.487

Longitude

-94.8938

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