505 Paul Bunyan Drive NW, Bemidji, MN 56601 (MLS# 7114175)

505 Paul Bunyan Drive NW, Bemidji, MN 56601

$679,500

Virtual Tour

https://my.matterport.com/show/?m=cnqzo1Qjn1F&mls=1

Property Type: Commercial Square Footage: 2,400 Lot Size (sq. ft.): 24,829 Status: Active

Current Price: $679,500 List Date: 7/23/2026 Last Modified: 9/29/2026

Overview

Description

Exceptional commercial opportunity in a high-visibility location along one of Bemidji's busiest commercial corridors with visibility and exposure to over 17,000 vehicles per day along Paul Bunyan Drive (Highway 197). This well-maintained 2,400-square-foot commercial building offers approximately 1,200 square feet on each level, with a fully finished lower level, providing exceptional flexibility for a wide variety of business uses. Currently configured with 10+ private offices—4 on the main level and 5+ on the lower level—the building has successfully operated as a healthcare facility for the past eight years and previously served as a professional office building. The existing layout is ideal for medical, dental, counseling, financial, legal, insurance, or other professional services, while also offering the potential to be reconfigured for many other commercial ventures. With its outstanding location and generous site, the property is also well suited for a bank or credit union, ... (Read more) Exceptional commercial opportunity in a high-visibility location along one of Bemidji's busiest commercial corridors with visibility and exposure to over 17,000 vehicles per day along Paul Bunyan Drive (Highway 197). This well-maintained 2,400-square-foot commercial building offers approximately 1,200 square feet on each level, with a fully finished lower level, providing exceptional flexibility for a wide variety of business uses. Currently configured with 10+ private offices—4 on the main level and 5+ on the lower level—the building has successfully operated as a healthcare facility for the past eight years and previously served as a professional office building. The existing layout is ideal for medical, dental, counseling, financial, legal, insurance, or other professional services, while also offering the potential to be reconfigured for many other commercial ventures. With its outstanding location and generous site, the property is also well suited for a bank or credit union, retail showroom, boutique, coffee shop, café, restaurant, or other food service establishment. The expansive lot provides the opportunity to explore drive-thru capability (subject to city approvals), making it an attractive option for businesses seeking convenience and high customer visibility. Positioned between Pizza Hut and O'Reilly Auto Parts, the property enjoys excellent exposure, strong neighboring businesses, and consistent daily traffic. Its location offers outstanding accessibility and visibility for customers and clients alike. Situated on a generous 130' x 190' lot, the property extends approximately 80 feet beyond the existing parking lot, creating excellent potential for future building additions, expanded parking, or other site improvements. The paved parking lot currently provides 18+ parking spaces, with ample room for expansion. Accessibility is another key feature, with wheelchair ramps at both the front and rear entrances. The front aluminum ramp is removable, allowing flexibility for future renovations or alternate building designs. Whether you're looking for a turnkey professional office, a redevelopment opportunity, or a highly visible location for your growing business, 505 Paul Bunyan Dr NW offers exceptional versatility, ample parking, expansion potential, and a premier location in the heart of Bemidji's thriving commercial district. Please note the owners are also Real Estate Agents licensed in MN.

Listing Details MLS# 7114175

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 18
Owner Occupied: No
Waterfront YN: No
Year Built: 1994
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 1200
Power Company: Ottertail Power
For Sale or Lease: For Sale
Acres: 0.57
Lot Dimensions: 130x190
Assessment Pending: No

Property Features

Accessible: Doors 36"+; Grab Bars In Bathroom; Hallways 42"+; Partially Wheelchair; Wheelchair Ramp Air Conditioning: Central Air Basement: Egress Windows; Full CMU Style: Business Opportunity; Freestanding; Office; Other; Single Occupancy Construction Materials: Frame Construction Status: Previously Owned Current Use: Business Service; Commercial; Professional Service Existing Financing: Free and Clear Exterior: Brick/Stone; Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL; Fiber Optic Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: Combo Miscellaneous Information: 2+ Lavatories; Pole Sign On Site Utilities: Electric Common; Heating Common; Hot Water Common Parking Characteristics: Parking Lot; Paved Lot Potential Use: Office; Other; Professional; Retail Road Frontage: City Street Roof: Asphalt Shingles Sewer: City Sewer/Connected Stories: One Wall Description: Finished Water: City Water/Connected

Contract Information

Contingency: None
ListPrice: 679500
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 505
Street Name: Paul Bunyan
Street Suffix: Drive
Street Direction Suffix: NW
Postal City: Bemidji
County: Beltrami
State: MN
Zip Code: 56601
Complex/Dev/Subdivision: Wagners Third Add

Assessments

Tax With Assessments: 17972

Basement

Foundation Dimensions: 24x50

More Information

Building Information

Building Finished SqFt: 2400
Building SqFt: 2400

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: NWMAR

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 33
Section#: 5
Township#: 146

Sale Options

Sale Includes: Building, Fixture/Equipment

Unit Details

Total Units: Yes

Documents

Traffic Report.pdf ›

Listing Office: Real Broker, LLC

Last Updated: September - 29 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

505 Paul Bunyan Drive NW, Bemidji, MN 56601 (MLS# 7114175)