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$ 1,900,000
Est. payment /mo
New
7300 42nd AVE N New Hope, MN 55427
1.43 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision City Center Add
MLS Listing ID 7130833
Year Built 1996
Annual Tax Amount $2,128
Tax Year 2026
Contingent None
Lot Size 1.430 Acres
Lot Dimensions 485 x 130
Property Description
A 1.43-acre Community Business site at 42nd Ave N & Nevada Ave N, with creative options: occupy or lease the existing freestanding building, or take the full City Center-guided parcel to redevelopment.
Building is currently vacant.
Signalized corner presence on 42nd Ave N (Rockford Rd) at Nevada Ave N: 24,039 vehicles per day (MnDOT 2024).
Midway between Hwy 169 & Hwy 100, about 1.3 miles to each interchange on New Hope's main east-west corridor.
Flexible CB zoning: restaurant, retail, office, medical, personal services, health club, brewpub, cannabis retail & more.
Existing building & 50+ stalls give day-one utility: occupy, lease for holding income, or clear the site.
Guided Commercial in the 2040 plan inside Planning District 11, the city's designated City Center area.
102,305 people & $104,214 average household income within 3 miles.
Building is currently vacant.
Signalized corner presence on 42nd Ave N (Rockford Rd) at Nevada Ave N: 24,039 vehicles per day (MnDOT 2024).
Midway between Hwy 169 & Hwy 100, about 1.3 miles to each interchange on New Hope's main east-west corridor.
Flexible CB zoning: restaurant, retail, office, medical, personal services, health club, brewpub, cannabis retail & more.
Existing building & 50+ stalls give day-one utility: occupy, lease for holding income, or clear the site.
Guided Commercial in the 2040 plan inside Planning District 11, the city's designated City Center area.
102,305 people & $104,214 average household income within 3 miles.
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Forced Air
Inclusions Building, Land
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Commercial
Building
Foundation 7800
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Robbinsdale
Listed by David Dirkers • MRG Realty Partners, LLC
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