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Best of the North

3501 Laurel Drive NW

Best of the North

SANFORD AREA
Take advantage of the visibility and traffic!

One of the last HIGH VISIBILITY FRONTAGE parcels left in Bemidji's growing business, shopping and medical sector. Customer visibility can be valuable FREE ADVERTISING.

About 2.2 acres with big open area for additional development. Two solid commercial buildings on the property very adaptable to other uses.

Constantly increasing traffic from Sanford Health just across #71 (you should see their unbelievable expansion plans!). Paul Bunyan Communications - just down the street, Bemidji Marine - adjacent, Bemidji Sports Centre - just up street, Walmart - across #71, Paul Bunyan Mall, Target, Home Depot, Menards - all close by. This location in Bemidji is now an ideal place to be for business. The immediate area is also densely populated with apartments and housing.

3501 Laurel Drive NW
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Best of the North

The Entire Offered Property:

  • Composed of parcels A, B, & C. See survey sketch for layout. Can be purchased as individual parcels, all together or in a variety of combinations.
  • Laurel is a frontage road off and running parallel to very busy US Hwy. #71 north. This road has easy customer access off the US #71 signaled intersection to Sanford Health.
  • In Bemidji city limits. Beltrami County parcel #R.80.05528.00 currently covers all three parcels. Today the property remains as one tax parcel. A property division and re-plat will be determined by negotiation to suit buyer's needs, or the property can remain as one parcel. Zoning is B2 (general business).
  • 207' of valuable Laurel Drive frontage and about 2.16 acres. This may be the last major parcel available for development in the big box store area leading up to the Sanford Health (Anne Street) intersection on U.S. #71 N. Traffic count here is about 10,000 vehicles per day.
  • Property extends from Laurel Drive frontage road through to Bardwell Drive to the rear. Bardwell, now gravel, is scheduled for paving in 2018.
  • Formerly occupied by Midway Garden and Landscape Co. which was closed and real estate then sold to current owner.
  • Two structures on property: A genuine log office building situated off Laurel Drive and a metal shop/storage building closer to Bardwell Drive.
  • Real estate taxes are $9,682 in 2017 plus $3,120 in sewer/water special assessment payments on the total parcel, but reduced for each piece if subdivided.
  • Seller will remove the log building and adjust the price accordingly if desired by buyer. This would create a wide open front lot for new development.
  • See following information for specific details on each parcel.

Parcel “A” (Laurel Drive parcel with log office building):

  • Appealing "up north" structure originally built by doctor as eye clinic.
  • Real pine log construction (Northwoods Log Homes of Laporte) with pine interior and crawl space under. Very solid building.
  • Log portion is 30'2" wide by 38'2" long (± 1,150'). Has vaulted main area, large adjacent office, two restrooms, and mechanical room. Current cost to replicate this structure would be well above typical commercial space, but definitely creates a more unique and interesting look for a business.
  • After purchase in 1994, Midway Garden added a 20' by 22' (440') rear office (conventional frame construction with log look siding). Built on concrete slab with off peak in-floor electric heating.
  • This approximately 1,600' structure was not properly maintained and the current owner has invested in numerous updates to prepare for new occupancy.

The new improvements include:

  1. Commercial quality steel roof and fascia (red color)
  2. Marvin windows
  3. Commercial glass entry and side doors, divided glass panel interior doors
  4. HVAC system complete
  5. Total bath remodels
  6. Substantial rewiring and lighting
  7. Complete ceiling re-insulation
  8. Floor coverings have been replaced in the log portion with attractive porcelain tile and commercial laminate
  • The building was re-stained and logs re-caulked. Matching red metal trim has been installed around the new windows and doors to give the structure a nice flair.

    To make additional development use of the property this attractive venue could serve as an office for sales staff, bookkeeping, or customer waiting area tied into a new addition to be constructed on the vacant land behind.

Other Parcel “A” Details:
Heating/Cooling:

  • Natural gas was brought to the building and new electric (off peak) forced air heat pump installed that switches over to natural gas below 20°. Heat pump reverse functions as central air. This new heating/cooling system was also extended to the rear addition and zoned for separate control and comfort.

Sewer/Water:

  • The office building is connected to city utilities off Laurel Drive.
  • Before city sewer and water were available (by later annexation) a well and septic were used. A 100' 4" drilled well to the north side of the building is piped into the crawl space and is used in the exterior faucets (could also serve as lawn irrigation system if modified).
  • A very large asphalt parking area lies to the south of the parcel "A" building on the parcel "B" property.
  • The building is very versatile for usage. For example, the rear addition has two offices that could easily have the non-load bearing dividing wall removed to open for larger needs.
  • 3501 Laurel would be ideal for professional offices (dental, chiropractic, optometrist, counseling, engineering, general offices, etc.), small retail, or, as a centered sales office, the site would also be perfect for an auto or machinery sales display lot. There is enough property behind for a service shop, expanded retail, or more offices.

Parcel “B” (Vacant Laurel Drive Frontage Lot):

  • A developable commercial lot now used as asphalt parking for the parcel "A" office building. About 99' of high exposure Laurel Drive frontage by approximately 234' average depth (just over half acre in size). Sewer, water, electric, gas, etc. available off Laurel drive. Could be used for new office building or small retail shop. If parcel B is sold separately from parcel A, seller will install a new entrance and tar parking area for parcel "A" to the north of the existing log building and remove the asphalt on parcel "B".

Parcel “C” (Shop, Storage or Service Building off Bardwell Drive):

  • 102' frontage on Bardwell Drive (gravel) by about 199' depth. Almost half acre of nice, level land. Additional lot depth is available.
  • According to the City of Bemidji gravel Bardwell Drive is scheduled for paving in 2018. This upgrade will make Bardwell Drive much more "customer friendly" and appealing for business use.
  • Structure was built for storage of landscaping equipment and vehicles. Now in generally good condition.
  • 40' by 72' building (2,880') easily expandable. 14' sidewall height, 2' x 6" wood frame construction, concrete slab floor with metal exterior, two 10' insulated overhead doors and walk door. East end divided into three offices (storage area above) one with toilet stub in for bathroom. About $17,000 cash was recently spent for installation and city fees to connect to sewer/water on Bardwell Drive. Seller will pay off the remaining approximate $11,000 city street assessment balance from closing proceeds.
  • Not currently insulated. Natural gas has been brought to corner of building for future furnace hookup.
  • The storage building was originally equipped with under floor electric heat cables on off peak which have never been used.
  • Large capacity 6" well (estimated 100' depth) east of building with submersible pump is piped into building then out for former use in plant and tree irrigation system.
  • Large amount of unused property on east side of building for expansion or parking needs.
  • Parcel "C" is surrounded by numerous service businesses. Ideal as service shop or light industry that values the convenience and proximity to town, but public visibility is not a major concern.

Asking Price (s):

Parcel “A” (office building and lot)
See this page for more info
$305,500
Parcel “B” (developable commercial lot) $125,500
Parcel “C” (storage/shop building and lot)
See this page for more info
$165,500
Potential Combinations:  
Parcels A, B, C together $535,000
Parcels A and B $395,000
Parcels A and C $435,000

Other division possibilities can be explored subject to negotiation and zoning approval. Seller is open to reasonable offer and wants to get the property returned to use.

  • Properties are also available on a possible lease basis, trade, or Contract for Deed with adequate collateral or down payment. Contact owner to discuss.
Best of the North

NOT AVAILABLE THROUGH THE MLS

Owned by a 401K Retirement Plan
Contact Mike Ettesvold, Trustee
Best of the North Real Estate Co. 401 (K) Plan

(218) 444-4100

Best of the North Real Estate

www.bestofthenorth.com

 

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