713 Beltrami AveBemidji, MN 56601

  • Office buildings
  • 2,584 SF
For Sale
$324,900 View listing

Property Details for 713 Beltrami Ave

Year built
1976
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
2,584 SF
Property type
Office buildings
APN
80.00887.00
APU
800088700

Description

This well-located 2,584 square foot office building in downtown Bemidji, Minnesota, presents a fantastic opportunity for businesses seeking a comfortable and convenient workspace. Situated on a 0.24-acre lot, the property boasts ample off-street paved parking for employees, ensuring easy access and convenience. The building itself features six individual offices, perfect for a variety of business configurations, along with a dedicated conference room ideal for meetings and presentations. A welcoming reception area provides a professional first impression, and two bathrooms add to the overall functionality. The property also includes a sizable yard area, offering potential for outdoor use or expansion. A full, unfinished basement provides significant additional storage or potential for future development. The building offers easy street and alley access, enhancing both accessibility and logistical efficiency. A lease option may be available for qualified tenants, providing flexibility for potential occupants. This property is an excellent choice for businesses seeking a well-maintained, centrally located office space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $475,082
    6.5%
    $438,537
    7%
    $407,213
  • Comparable approach

    Method
    Valuation
    Relative Method
    $131,887
    Geo Method
    $131,887
  • Alternative Use

    Use
    Valuation
    Residential Income
    $543,786
    Hospitality / Lodging
    $498,105
    Institutional / Educational
    $414,418
    Healthcare / Senior Housing
    $428,670
    Retail / Commercial
    $644,649

Location Insight

City
Bemidji
County
Beltrami
State
Minnesota
Latitude
47.4752
Longitude
-94.8816
CBSA code
13420
CBSA name
BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,060
$84,000
$216,000
$300,000
-
$84,000
$216,000
$300,000

FAQs

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Please email our support team at [email protected] and they will add the team member.
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