677 Anne StBemidji, MN 56601
- Retail properties
- 19,250 SF
Property Details for 677 Anne St
- Year built
- 2005
- Construction
- FRAME
- Lot size
- 2.17 AC
- Property size (Sq ft)
- 19,250 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 80.07202.00
- APU
- 800720200
Description
This exceptional office building, located at 677 Anne Street NW in Bemidji, Minnesota, presents a significant investment opportunity. Boasting a substantial 18,477 square feet of office space, this property sits on a generous 2.17-acre lot, offering ample room for expansion or future development. The building's size and layout provide considerable flexibility for a variety of business needs, from single-tenant occupancy to multi-tenant configurations. Its prime location in Bemidji offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the area. The asking price of $18 million reflects the significant value and potential of this property. Detailed floor plans and specifications are available upon request. This is a rare opportunity to acquire a substantial and well-situated office building in a thriving Minnesota community. Serious inquiries only. The property is offered as-is. Further due diligence is encouraged to fully assess the property's suitability for your specific business requirements. Don't miss this chance to secure a valuable asset in a desirable location. Contact us today to schedule a viewing and explore the possibilities.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,202,642
- 6.5%
- $4,802,438
- 7%
- $4,459,408
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,475,950
- Geo Method
- $2,475,950
-
Alternative Use
- Use
- Valuation
- Residential
- $4,051,037
- Hospitality
- $3,710,728
- Educational
- $3,087,282
- Medical
- $3,193,458
- Retail
- $4,802,438
Location Insight
- City
- Bemidji
- County
- Beltrami
- State
- Minnesota
- Latitude
- 47.5057
- Longitude
- -94.8886
- CBSA code
- 13420
- CBSA name
- BEMIDJI, MN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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