Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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