Property profile

901 Mainstreet Hopkins, MN 55343

OFF-MARKET
Commercial real estate
Property ID
US46-3211776
0.13 ac lot Built 1900
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 14,394 square foot retail property is situated on a 0.13-acre lot at the highly visible corner of 901 Main Street in the heart of downtown Hopkins, Minnesota. The property presents a unique opportunity for a variety of businesses, including coffee shops, restaurants, or general retail establishments. Its prime location within the revitalizing downtown area ensures high foot traffic and excellent visibility. The building's versatile layout allows for customization to suit diverse business needs. A significant advantage is the potential for supplemental income generation from the upper-level office suites. This presents a dual-income stream opportunity, enhancing the overall return on investment. The asking price for this exceptional property is $1,350,000. This is a rare chance to establish a thriving business in a vibrant and growing community. Don't miss this opportunity to become a part of Hopkins' exciting downtown transformation. Serious inquiries only.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1900
Construction CONCRETE BLOCKS
Lot 0.13 ac (5,663 SF)
APN 24-117-22-31-0014
UPID US46-3211776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Renovation Specialist
  • Travel Agency
  • Consultant Financial Institution
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

901 Mainstreet Hopkins, MN 55343-7515
Hopkins metro Census 23300 MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$860k

Owner & transaction history

since 2025
Last sale
$860,000
6 recorded transactions
2025
$860,000
2020
Price N/A
2017
Price N/A
2007
$750,000
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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