For Sale Commercial MLS# 7130833

7300 42nd Avenue N

New Hope, MN 55427

$1,900,000

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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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1996
Lot
1.43
Original price
$1,900,000
MLS #
7130833

Interior

Features
Forced Air
Heating
Forced Air

Exterior & lot

Features
Stone, Parking Lot
Construction
Slab
Foundation
Slab
Lot
1711821210054, Commercial
Parking
Parking Lot

Schools

District
Robbinsdale Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Common, Heating Common, Hot Water Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$2,128
Tax year
2026
Parcel
1711821210054

Location

Subdivision
City Center Add
County
Hennepin
Neighborhood
Sunnyside
Community
Hennepin, northstar, Robbinsdale
Directions
From HWY 100, 42nd Ave westbound to Nevada Ave

Location

Neighborhood
Sunnyside
Subdivision
City Center Add
School district
Robbinsdale Public School District

Ask about this property

Questions on 7300 42nd Avenue N, New Hope, MN 55427, or want to see it in person?

Listed by David B Dirkers, MRG Realty Partners, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.