7300 42nd AVE N, New Hope, MN 55427
7300 42nd AVE N, New Hope, MN 55427
7300 42nd AVE N, New Hope, MN 55427
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$1,900,000
Est. payment /mo
1.43 Acres Lot
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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.

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


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Listed by David Dirkers • MRG Realty Partners, LLC

Nearby Locations

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Ingrid Friel

Ingrid Friel

+1(612) 750-6392

Residential Realtor | License ID: 40213017

Residential Realtor License ID: 40213017

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