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Sparkling Waters 824 Paul Bunyan 6,949 SF Retail Building Bemidji, MN 56601 $1,449,000 ($208.52/SF)
Investment Highlights
- Prime Paul Bunyan Drive location with excellent visibility
- 6,949 SF freestanding commercial building
- Approximately 80 paved parking spaces
- Scenic views overlooking Lake Bemidji
- Commercial kitchen, private dining & outdoor patio
- Ideal for restaurant, hospitality, retail, office or redevelopment
Executive Summary
Exceptional opportunity to acquire a highly visible 6,949 SF commercial property overlooking Lake Bemidji. Situated along Paul Bunyan Drive SE, the property features a commercial kitchen, spacious dining and meeting areas, outdoor patio, approximately 80 paved parking spaces, and a versatile floor plan suitable for restaurant, hospitality, retail, office, event, or redevelopment opportunities. Land and building are included in the sale. Furniture, fixtures, equipment, inventory, and commercial kitchen equipment are available for purchase separately.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,949 SF
Building Class
B
Year Built/Renovated
1975/2008
Price
$1,449,000
Price Per SF
$208.52
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
1.13 AC
Opportunity Zone
Yes
Zoning
Business/Commercial - Business/Commercial zoning allowing a variety of retail, restaurant, office, and commercial uses.
Parking
80 Spaces (11.51 Spaces per 1,000 SF Leased)
Frontage
150’ on Paul Bunyan Drive
Amenities
- Bus Line
- Conferencing Facility
- Freeway Visibility
- Pylon Sign
- Restaurant
- Roof Terrace
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 80.00851.00 | Improvements Assessment | $483,100 |
| Land Assessment | $418,000 | Total Assessment | $901,100 |
Property Taxes
Parcel Number
80.00851.00
Land Assessment
$418,000
Improvements Assessment
$483,100
Total Assessment
$901,100
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Contact the Sale Advisor
Sparkling Waters | 824 Paul Bunyan