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Property profile & analytics
OFF-MARKET
Commercial real estate

1011 1st S St Hopkins, MN 55343-9413

0.89 ac lot Built 1974
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US46-0611213
Property summary
AI-generated overview

This exceptional 47,844 square foot office building presents a unique owner-occupancy opportunity in the desirable west end of downtown Hopkins, Minnesota. Strategically located just one block south of Main Street, between 10th and 11th Avenues, this property boasts unparalleled access and visibility. The 1.04-acre lot provides ample parking, a significant advantage in a bustling downtown area. The building's size and location make it ideal for a variety of businesses seeking a prominent presence in a thriving community. This is a rare chance to acquire a substantial commercial property in a highly sought-after area of Hopkins. The building's prime location offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. The substantial square footage allows for flexible configuration to suit diverse business needs. This is an exceptional opportunity for a business seeking to establish or expand its operations in a vibrant and accessible location. The combination of size, location, and parking makes this property a truly compelling investment. Don't miss this chance to own a significant piece of Hopkins' commercial landscape. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1974
Construction STEEL FRAME
Lot 0.89 ac (38,768 SF)
APN 24-117-22-34-0245
UPID US46-0611213
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hennepin County Office - Environmental health department County Government Office Government Office
  • Wells Fargo Bank Bank Loan Service
  • Southwest LRT Freight Service Logistics Company
  • Cardinal Roofing Company LLC Roofing Company General Contractor
  • Wells Fargo ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Gere 1011 First Street South · 8 yrs held
Gere 1011 First Street South
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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