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    OFF-MARKET
    Commercial real estate

    916 Mainstreet, Hopkins, MN 55343-7516

    0.12 ac lot Built 1900
    Entity Owned ~ Est. High Equity
    Property ID
    US46-0635485
    Property summary
    AI-generated overview

    This exceptional two-story, 3,442 square foot creative office building is situated at 916 Mainstreet in the heart of historic downtown Hopkins, Minnesota. Built in 1900, this single-tenant property boasts a classic brick façade and offers a unique opportunity for owner-occupancy or investment. Located in Hennepin County, zip code 55343, the building benefits from its walkable environment and proximity to a diverse range of businesses, restaurants, bars, and shops. Downtown Hopkins is experiencing rapid growth and is known for its thriving atmosphere. The property enjoys a remarkable walk score of 90, placing it among the top three in the state, highlighting its convenient location. Commuters will appreciate the easy access to Highways 7 and 169. This property presents a rare chance to acquire a well-situated, character-filled building in a highly desirable and rapidly developing area. The building's potential is significant, whether for an owner-user seeking a unique workspace or an investor looking for a strong return. The property's size and location make it an attractive option for a variety of businesses.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1900
    Construction WOOD
    Lot 0.12 ac (5,227 SF)
    APN 24-117-22-34-0011
    UPID US46-0635485
    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
    • JKT Hardware & Home Improvement
    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
    916 Hop LLC
    916 Hop LLC
    since 2025
    2 recorded transactions
    2025
    $617,000
    2022
    $162,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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