7300 42nd Avenue N, New Hope, MN

$1,900,000

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1.43

Acres

About 7300 42nd Avenue N

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.

Features of 7300 42nd Avenue N

MLS® # 7130833
Price $1,900,000
Acres 1.43
Year Built 1996
Type Commercial Sale
Status Active

Community Information

Address 7300 42nd Avenue N
Subdivision City Center Add
City New Hope
County Hennepin
State MN
Zip Code 55427

Amenities

Utilities Electric Common, Heating Common, Hot Water Common
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Stone

School Information

District Robbinsdale

Additional Information

Days on Market 20
Zoning Business/Commercial
Foreclosure No
Short Sale No
Taxes $2,128

Listing Details

OfficeMRG Realty Partners, LLC

Listing Map

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