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    1515 5Th St Hopkins, MN 55343

    Sponsored
    For Lease
    Contact for pricing

    Industrial warehouse suites, 450-2,200 sq ft

    Lot size:
    40,208 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Hopkins Business Plaza offers exceptional warehouse space in a prime Hopkins, MN location (1515 5th St S, 55343). This single, two-story building totaling 40,208 square feet, built in 1961 and renovated in 2018, features two available suites: Suite A (2,200 sq ft) and Suite B (450 sq ft), which can be combined for up to 2,650 contiguous square feet. Each suite offers 6-foot wide double-door access, ideal for storage of various items. The property boasts value-priced storage space, perfect for home furnishings, art, or other high-value goods. On-site security provides peace of mind. All utilities, heat, AC, and taxes are included in the gross annual rent of $12 per square foot. Lease terms are flexible, ranging from 1-3 years with options for 3-month extensions beyond the initial term. All terms are negotiable, but renters insurance is required. The property enjoys convenient access to Excelsior Blvd, Shady Oak Rd, and Highways 7 and 169, placing it in the heart of Hopkins' industrial district. Free off-street parking is available. The property is zoned Res-Office Mix TOD. Minimum divisible space is 450 sq ft.

    Property Features for 1515 5Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,208 SF

    Building Details

    Year Built/Renovated
    1961/2018
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 2
    Size
    450 SF
    Space
    Suite 1
    Size
    2,200 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Strand Manufacturing Co Sheet Metal Contractor Minnesota Chimney Repair General Contractor Radiant Solutions Company Electrical Equipment Manufacturer ATM Tires INC Used Tire Shop felipe's auto body Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hopkins
    County
    Hennepin
    State
    Minnesota
    Longitude
    -93.42062636
    Latitude
    44.91715707

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse suites, 450-2,200 sq ft
    Where is this distribution property located?
    The property is located at 1515 5Th St Hopkins, MN.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1515 5Th St Hopkins, MN 55343
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