1110th Ave Hopkins, MN 55343
- Retail properties
- 5,414 SF
- 0.14 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1110th Ave
- Year built
- 1941
- Lot size
- 0.14 lot acres
- Property size
- 5,414 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This three-story, 5,414 square foot commercial building, constructed in 1941, presents a unique investment opportunity in the heart of Hopkins, Minnesota. Located just one block from Main Street, this B-2 zoned property offers 1,413 square feet of net rentable space on the main floor, ideal for an owner-user. The building boasts updated and well-maintained interiors, complemented by unique architectural details. Currently occupied by a mix of tenants including Hears To U Audiology, Twist Sales, Novo Chiropractic, and Wehmann Talent Agency, this property benefits from ample free parking in a city lot adjacent to the building. Hopkins is experiencing significant growth, with the upcoming opening of Ovation Hopkins, a mixed-use development in Fall 2024, and the planned expansion of the Southwest Light Rail Transit (SWLRT) with three stations in Hopkins, one conveniently connected to Main Street via 8th Avenue. The property's central location provides easy access to a vibrant array of nearby businesses, including Brasa, K'kinaco-Nikkei & Pisco Bar, Hoagie's, Mainstreet Bar & Grill, and many more. This is a rare chance to acquire a well-situated commercial property in a thriving Minnesota community. The 0.14-acre lot provides ample space and potential for future development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hopkins
- County
- Hennepin
- State
- Minnesota
- Longitude
- -93.4296
- Latitude
- 44.902