505 Paul Bunyan Drive NW
Bemidji, MN, 56601 $ 679,500
Bedrooms-- Baths-- Sq 2,400 Monthly Estimate*
$ 4,693
for $679,500. This 2,400 square foot building was built in 1994 on a lot size of 0.574.
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.
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FeaturesGeneralSewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Common Heating Common Hot Water Common
Roof Asphalt
Garage Spaces 0
Construction Materials Frame
Year Built 1994
Levels One
Tax Year 2026
Current Use Professional/Office Commercial Professional Service
Accessibility Doors 36 + Grab Bars In Bathroom Hallways 42 + Partially Wheelchair Wheelchair Ramp(s)
County Beltrami
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Wagners Third Add
Possible Use Office Other Professional Service Retail
Directions On Paul Bunyan Dr NW (Hwy 197) Between Pizza Hut and OReillys Auto Parts
City Bemidji
High School District Bemidji
Zoning Description Business/Commercial
Number Of Units Total 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 17972
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=cnqzo1Qjn1F&mls=1
Standard Status Active
Lender Owned No
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InteriorBasement Egress Window(s) Finished Full
Basement (Y/N) Y
Foundation Dimensions 24x50
Fuel Natural Gas
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ExteriorParking Features Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Fixture/Equipment
Lot Size Area 0.574
Building Area Total 2400
Lot Dimensions 130x190
Waterfront Y/N N
Foundation Area 1200
Road Frontage Type City Street
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* Excluded FeaturesList Bydoughoover@bemidjihomesearch.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,693
- Monthly Property Taxes
- $1,498
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Bemidji, MN
Average List Price $610,370
Percent of Sale Price 10%
About Bemidji, MN 15,260 Population
14% Since 2002
$ 35,694 Median Income
31.11 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048334 Elementary School
3048362 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/23/2026 | $679,500 | | Listed Price |