Prime Mixed-Use Investment in the Heart of Downtown Bemidji
Mixed-Use Commercial | 13,939 SqFt | Downtown Bemidji
Marketing description
218 3rd Street NW is a centrally located mixed-use commercial property in downtown Bemidji, Minnesota. Positioned within the city’s established business corridor, the property offers a combination of professional commercial space with residential units, creating a diversified use profile well suited for investors or owner-users.
The building supports commercial, office, and professional service uses on the commercial level, with residential units contributing additional income potential. Its downtown location places the property within walking distance of retail, dining, professional offices, and civic amenities, supporting consistent tenant demand and daily activity.
With strong visibility, flexible zoning, and proximity to major local employers and institutions, the property presents an opportunity to acquire a service-oriented asset in a growing Northern Minnesota market.
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Investment highlights
218 3rd Street NW offers a mixed-use investment opportunity in downtown Bemidji with both commercial and residential components, providing diversified income potential within a single asset. The combination of professional service space and residential units supports stable tenant demand and long-term performance.
The property benefits from flexible Business/Commercial zoning that allows for continued mixed-use occupancy or future repositioning. Separately metered utilities for electric, heating, and hot water enhance operational efficiency and support cost control for ownership.
Located in a walkable downtown corridor near retail, dining, medical services, and civic institutions, the property is well positioned to attract and retain tenants. Its central location and established use profile make it a compelling option for investors seeking exposure to a service-oriented Northern Minnesota market.
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