218 Minnesota Avenue NW, Bemidji, MN 56601 (MLS# 7018698)

218 Minnesota Avenue NW, Bemidji, MN 56601

$1,499,900
Property Type: Commercial Lot Size (sq. ft.): 13,939 Status: Active
Current Price: $1,499,900 List Date: 2/11/2026 Last Modified: 8/27/2026

Overview

Description

Exceptional mixed use investment opportunity in the heart of Bemidji, surrounded by growing business activity and ongoing downtown momentum. Opportunities like this rarely come available. This well maintained property features a strong long term commercial anchor tenant, plus five total commercial suites and nine residential apartments, all supported by a solid rental history and consistent occupancy. The building is in excellent condition, reflecting pride of ownership and thoughtful upkeep. With stable in-place income and future upside potential, this asset offers both security and blue sky opportunity for the next investor looking to capitalize on Bemidji’s continued growth.

Listing Details MLS# 7018698

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Waterfront YN
No
Year Built
1910
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Multi-Family
Foundation Size
7000
For Sale or Lease
For Sale
Acres
0.32
Lot Dimensions
50x140x50x140
Assessment Pending
No

Property Features

Accessible: None CMU Style: Mixed Use Construction Status: Previously Owned Current Use: Commercial; Office; Professional Service Exterior: Brick/Stone; Stucco Foundation: Combination; Concrete Block Fuel: Electric; Natural Gas Heating: Baseboard; Forced Air On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Rental License Type: Standard Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1499900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
218
Street Name
Minnesota
Street Suffix
Avenue
Street Direction Suffix
NW
Postal City
Bemidji
County
Beltrami
State
MN
Zip Code
56601
Complex/Dev/Subdivision
Bemidji

Assessments

Assessment Balance
2246.01
Tax With Assessments
13242.01

Building Information

Building Finished SqFt
14000

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
33
Section#
9
Township#
146

Sale Options

Sale Includes
Building, Leases

Unit 1

No. of 1 Bedroom Units
8

Unit 2

No. of 2 Bedroom Units
Yes

Unit Details

Total Units
15
IDX
Listing Office: SJ Commercial Advisors
Last Updated: August - 27 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.