505 Paul Bunyan Drive NW - Photo 1
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505 Paul Bunyan Drive NW
505 Paul Bunyan Drive NW
505 Paul Bunyan Drive NW
505 Paul Bunyan Drive NW
505 Paul Bunyan Drive NW

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

MLS® #: 7114175|Days on Market: 100|Listed: Jul 21, 2026

$679,500

Bedrooms
0
Bathrooms
0
Square Feet
2,400
Acres
0.574
Year Built
1994
Property Type
Commercial Sale
Heating
Natural Gas, Forced Air
Cooling
Central Air
Days on Market
100
School District
31 - Bemidji

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.

505 Paul Bunyan Drive NW, Bemidji, MN 56601

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Interior Information

BasementEgress Window(s), Finished, Full
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
AccessibilityDoors 36"+, Grab Bars In Bathroom, Hallways 42"+, Partially Wheelchair, Wheelchair Ramp(s)

Size & Levels

LevelsOne
Total Finished Sq Ft2,400 sq ft
Foundation Size24x50

Exterior & Parking

ExteriorStone, Vinyl
ConstructionFrame
RoofAsphalt
FoundationBlock
ParkingParking Lot, Paved Lot

Lot & Utilities

Lot Size0.574 acres
Lot Dimensions130x190
ZoningBusiness/Commercial
SubdivisionWagners Third Add
TownshipBemidji
CountyBeltrami
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
Power CompanyOttertail Power

Financial & Tax Information

Annual Taxes$17,972
Tax Year2026
Tax w/ Assessments$17,972
Assessment PendingNo
Parcel Number800330301
Financing OptionsConventional, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Schools

Broker Reciprocity logo
Listed by: Real Broker, LLC
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.