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$1,499,900 -$100,100 (-6.26%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 0.32 Acres
  • Updated 4 days ago
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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.

Full Property Details for 218 Minnesota Ave NW

General

  • Price: $1,499,900
  • Taxes: $10,996 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7018698
  • Updated: 8/7/2026
  • Added to Site: 186 day(s) ago

Parking

  • Parking Features: On-Street Parking Only, More Parking Onsite for Fee

Location

  • County: Beltrami
  • Township: Bemidji
  • Subdivision: Bemidji
  • Driving Directions: Corner of Minnesota Ave NW and 3rd St NW

School Information

  • School District: 31 - Bemidji
  • High School District: Bemidji

Heating & Cooling

  • Heating Type: Baseboard, Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 7000
  • Disability Access: None
  • Current Bldg. Use: Commercial, Office, Professional Service
  • Year Built: 1910

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Dimensions: 50 x 140 x 50 x 140
  • Zoning: Business/Commercial, Residential-Multi-Family

Financial Considerations

  • Tax Amount: $10,996
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SECT-09 TWP-146 RANGE-033 BEMIDJI LOT-011 BLOCK-017 & LOT 12
  • Inclusions: Building, Leases
  • Property ID: 800109100

Listed by SJ Commercial Advisors

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— 218 Minnesota Ave NW —

  • SJ Commercial Advisors

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

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NMLS#: 1598647

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Find the right home insurance for your new home!

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 218 Minnesota Ave NW

School District:Bemidji Public School District
NameGradesDistance
Central Elementary School, Bemidji, MN
815 Beltrami Avenue Northwest, Bemidji, MN 56601
PK-50.4 mi
Bemidji Middle School
1910 Middle School Avenue Northwest, Bemidji, MN 56601
6-81.8 mi
Bemidji Senior High School
2900 Division Street West, Bemidji, MN 56601
9-121.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 218 Minnesota Ave NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/07/2026
Price Reduced
$1,499,900
-6.26%
MLS
2/06/2026
Listed
$1,600,000
384.85%
MLS
7/15/2010
Sold
$330,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 218 Minnesota Ave NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,085
3%
$583,400
3%
2024
$12,688
-5%
$568,900
—
2021
$13,340
—
$568,900
-1%
2021
$13,340
—
$572,400
15%
2021
$13,340
1%
$498,100
—
2020
$13,164
-3%
$498,100
2%
2016
$13,524
—
$486,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by SJ Commercial Advisors

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218 Minnesota Avenue NW, Bemidji, MN 56601 (MLS# 7018698) is a Commercial property. 218 Minnesota Avenue NW is currently listed for $1,499,900 and was received on February 06, 2026. Want to learn more about 218 Minnesota Avenue NW? Do you have questions about finding other Commercial real estate for sale in Bemidji? You can browse all Bemidji real estate or contact a Coldwell Banker agent to request more information.

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