Available For Sale - Office

50,499 SF

LISTED BY

Edward Rupp
SVN | Northco, 952-820-1634

AVAILABILITY DETAILS

Size
50,499 SF
Price/SF
N/A - Contact for Info
Listing ID
SA519090
Notes
THIS PROPERTY WILL BE OFFERED AT AUCTION VIA TEN-X FROM APRIL 29TH TO MAY 1ST. AUCTION LINK BELOW.



https://www.ten-x.com/listing/52...



SVN | Northco is pleased to present for sale 522 Minnesota Ave NW in Bemidji, Minnesota, better known as the Bemidji Federal Building ("Property"). The Property is a ±50,499 office building that is a fantastic redevelopment opportunity in the heart of downtown Bemidji. Bemidji has a thriving arts community as well as a strong retail sector, and the City has a diverse range of industries including healthcare, education, manufacturing, and tourism. It is also home to Bemidji State University and its 5,000+ students, and the school's campus is in close proximity to the Property. The Property is eligible for Federal Historic Tax Credits, and State Historic Tax Credits, which are stackable. The Property has ben partially gutted in preparation for renovation. This is an ideal property for multifamily conversion. Seller financing is available for qualified prospects.



The Property is positioned in the CBD of downtown Bemidji and is just blocks from Lake Bemidji and Bemidji State University. Bemidji is the largest city in Beltrami County with approximately 15,000 inhabitants and offers abundant opportunities for outdoor recreation such as fishing, boating, swimming, and more. It is also home to the Mississippi River's headwaters, a popular tourist destination.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Edward Rupp, SVN | Northco