Sold: Bemidji MLS# 6604831
Sold
$359,000 (list price)
$300,000
Commercial: Business,Other,Retail
Built 1898
0.16 acres
Bemidji schools
MLS# 6604831
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Own a Piece of Bemidji's Rich History!
Nestled in the heart of downtown Bemidji, the iconic Troppman Block is now available for sale! This historic brick building, currently home to the beloved Trove and Tea shop, has been a cornerstone of the community for over a century. Built in 1898, this 2-story structure has witnessed Bemidji's growth, hosting everything from extravagant parties to thriving businesses.
Located on the bustling corner of Minnesota Avenue and Third Street, this prime real estate offers a rare opportunity to own a slice of Bemidji's vibrant downtown. With its beautifully exposed brick walls, high ceilings, and original charm, the building provides the perfect blend of vintage appeal and modern potential. Surrounded by popular bars, restaurants, boutiques, coffee shops, and bakeries, the Troppman Block offers unbeatable foot traffic and visibility.
The sale includes both the building and the thriving business, Trove and Tea, offering a fresh start with an established reputation. Inside, the space has been renovated and features ample room for a variety of usesâ??whether you envision expanding the current shop, creating a unique event space, or adding your own touch to this historical gem. The point of Sale counter situated amongst the updated kitchen, currently serving Boba Teas, smoothies, pastries and set up to continue with this business endeavor or make it your own.
The lower level is a spacious and currently serves as a great storage space for the current owner.
Just outside the front door, you will find another set of double doors that lead up to the 2nd Story. There is several Suites that in previous years were set up to host the finest as a motel and as office suites! At one point Each unit Was equipped With Bathroom, kitchen and bedrooms- Revamp the upstairs to fulfill your visions and dreams.
Key Features:
Historic Charm: Original brick walls, high ceilings, and a storied past.
Prime Location: Situated in the heart of Bemidjiâ??s bustling downtown, near popular attractions.
Endless Potential: Ideal for business expansion, retail, dining, or event space.
Modern Updates: Recent renovations include a fully updated interior while preserving the buildingâ??s classic architecture.
Included Business: Trove and Tea, a popular community destination, is part of the sale.
Fred Troppman himself oversaw countless improvements over the years, adding to the buildingâ??s charm and functionality. The building has withstood the test of time, and now it's your turn to take part in its next chapter.
Listing
Listing Status:
Sold
Contingency:
None
List Price:
$359,000
Sold Price:
$300,000
Sold Date:
12/30/2024
Property Type:
Commercial
City:
Bemidji
Garage Spaces:
0
County:
Beltrami
Year Built:
1898
State:
MN
Property Style:
Business, Other, Retail
Zip Code:
56601
Subdivision Name:
Bemidji
Interior
Ceiling Height:
11-15
Basement Details:
Concrete
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
10
Air Conditioning:
Central Air
Foundation Size:
4,400 ft2
Foundation Dimensions:
100 x 44
Handicap Accessible:
Fully Wheelchair
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Parking Lot
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
- Flat
- Rubber
Lot & Land
Acres:
0.16
Geolocation:
47.470823, -94.882968
Inclusions:
Building, Business Assets, Fixture/Equipment, Inventory
Lot Dimensions:
140
Zoning:
Business/Commercial
Farm
Topography:
Level
Schools
School District:
31
District Phone:
218-333-3100
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$3,222
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,222
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Food Service
- Other
- Professional/Office
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Headwaters Realty Services LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.