For Sale: New Hope MLS# 7130833
Active
NEW!
$1,900,000
Commercial: Other
Built 1996
1.43 acres
Robbinsdale schools
MLS# 7130833
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,900,000
Property Type:
Commercial
City:
New Hope
Garage Spaces:
0
County:
Hennepin
Year Built:
1996
State:
MN
Property Style:
Other
Zip Code:
55427
Subdivision Name:
City Center Add
Exterior
Garage Spaces:
0
Foundation Size:
7,800 ft2
Handicap Accessible:
Other
Heating System:
Forced Air
Parking Features:
Parking Lot
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.43
Geolocation:
45.033218, -93.373963
Inclusions:
Building, Land
Lot Dimensions:
485 x 130
Zoning:
Business/Commercial
Schools
School District:
281
District Phone:
7635048000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,128
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,128
Units
Total Units:
1
Miscellaneous
Current Use:
Commercial
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of MRG Realty Partners, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.