519 Anne Street NW
Bemidji, MN 56601
MLS# 16-865
Status: Closed

From the SW
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From the SW From the SE From Anne Street NW From the West Parking in the Back Pilon Sign 519 Anne Street NW, Bemidji, MN 56601

Property Description
Class A office building built in 2003. Masonry construction with a high quality brick face and an exceptional glass feature adding an element of distinction unique to the area. Located in growing medical and professional area on the North end of Bemidji, this location is less than 1/2 mile from the hospital. Solid long term leases with escalators. Current CAP rate of 8.0% with room to grow.

Current Price: $2,159,000
Contract Information
MLS Code: 4975 - BMJ
Auction: No
List Price: $2,159,383
Rental License: No
Lender Owned: No
In Foreclosure: No
Potential Short Sale: No
Owner is Agent: No
General Property Information
Type of Property: Commercial
For Sale/Lease: For Sale
# of Units: 4
# of Parking Spaces: 99
Year Built: 2003
Waterfront: No
Waterfront Name: None
Approx Nbr of Acres: 2.47
Aprox Lot Dimensions: 250 x 429
Location, Tax and Other Information
House Number: 519
Street Name: Anne
Street Abbreviation: Street
Street Dir Sfx: NW
Postal City: Bemidji
County: Beltrami
State/Province: MN
Zip Code: 56601
Area: Bemidji
School District: Bemidji #31
Township Name: Northern
Township #: 147
Section #: 32
Range #: 33
Parcel Number: 31.00722.00
Legal Description: See Attachment
Tax Classification: Commercial
Tax Year: 2016
Tax Amount: 24156
Assessments: No
Assessment Balance: 24156
Taxes w/Assessments: 24156
Directions & Remarks
Directions: From intersection of Hwy 71 & Hwy 2 (Menards/Home Depot/Walmart): North on 71 for 3/4 mile, Right on Anne Street for 1 mile to property on left.
Status Change Info
Status: Closed
Under Contract Date: 2017-08-15
Sold Date: 2017-09-13
Square Footage
Total Above Gd Sqftg: 15120
Main Square Ftge: 15120
Total SqFt: 15120
Sold Info
Sale/Lease: Sale
Property Features
Construction Type: Concrete Block
Exterior: Block; Brick
Fuel: Natural Gas
Heat: Forced Air
Air Conditioning: Central
Amer w/Disabilties: Fully Wheelchair
Current Use: Beauty/Barber Shop; Professional Service
Owners Expense: Lawn; Snow; Trash
Tenant Expenses: Broadband; Electric; Fuel; Janitorial; Maint/Repair; Water/Sewer
Parking Charcterstcs: Driveway - Asphalt; Unassigned
Roof: Rubber
Terms: Cash; Conventional
Sale Includes: Building; Land; Leases

Listing Office: Lake-N-Woods Realty, Inc.

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Tuesday 22nd of January 2019 01:30 PM