119 Paul Bunyan DrBemidji, MN 56601

Property Details for 119 Paul Bunyan Dr

Year built

1987

Construction

WOOD

Lot size

0.75 AC

Property size (Sq ft)

5,100 SF

Property type

Retail space

APN

80.02936.00

APU

800293600

Description

This exceptional commercial property, located at 119 Paul Bunyan Drive NW in Bemidji, Minnesota, offers 2,400 square feet of immediately available office space within a larger 5,100 square foot building. The building, constructed in 1987 and renovated in 2020, is classified as Class B and sits on a 0.56-acre lot. The space features five large offices, a spacious reception area, and two ADA-compliant bathrooms, providing ample room for a variety of business needs. The property includes 33 parking spaces, with an additional six spaces available for lease in an adjacent lot. Utilities are not included in the lease rate, which is calculated per square foot and includes taxes, CAM charges, and utilities. The property is zoned for Business/Commercial use and boasts excellent visibility, making it an ideal location for businesses seeking a prominent presence in Bemidji. The minimum divisible space is 2,400 square feet, with a maximum contiguous space also at 2,400 square feet. The property's APN is 800293600, and it is located in Beltrami County, Minnesota, zip code 56601. Power is included. There are no elevators in the single-building complex. The property taxes are $2.70 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,378,362

  6.5%

  $1,272,334

  7%

  $1,181,453

• Comparable approach

  Method

  Valuation

  Relative Method

  $655,966

  Geo Method

  $655,966

• Alternative Use

  Use

  Valuation

  Residential

  $1,073,262

  Hospitality

  $983,102

  Educational

  $817,929

  Medical

  $846,059

  Retail

  $1,272,334

Location Insight

City

Bemidji

County

Beltrami

State

Minnesota

Latitude

47.4911

Longitude

-94.8804

CBSA code

13420

CBSA name

BEMIDJI, MN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].