For Sale Commercial MLS# 7088736

941 Hillwind Road NE

Fridley, MN 55432

$4,500,000

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About 941 Hillwind Road NE

Presenting Hillwind Office Center, a rare opportunity to acquire a well-maintained, multi-tenant medical and professional office building strategically located in the heart of Fridley's thriving business corridor. Situated just yards from Interstate 694 and Highway 65, giving you exposure to 150,000 cars a day! 941 Hillwind Rd NE offers exceptional accessibility, strong tenant demand, and significant upside potential for investors and owner-users alike.

The property consists of over 38,000 square feet of office and medical space situated on a 1.09-acre site with abundant surface and covered parking. Originally constructed in 1987, the building has undergone extensive renovations and capital improvements, including a complete remodel of the third floor in 2025, significant second-floor renovations, a full first-floor remodel in 2023, and substantial ground-level improvements completed in 2024.

The building is home to a diverse mix of healthcare, professional service, and executive suite tenants, creating stable cash flow while minimizing reliance on any single occupant. Current ownership occupancy by healthcare-related businesses provides a unique value-add opportunity, as a significant portion of the building is leased below prevailing market rates. A future investor may realize meaningful revenue growth through lease renewals, tenant turnover, or market-rate repositioning.

With a strategic location, recent capital improvements, established tenant base, and future income growth opportunities, 941 Hillwind Rd NE represents a compelling opportunity for investors seeking stable cash flow with value-add potential in one of the Twin Cities' strongest suburban office and medical markets.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1990
Stories
Three Or More
Living area
38,152 sqft
Price / sqft
$118
Lot
1.09
Original price
$4,500,000
MLS #
7088736

Interior

Features
Forced Air, Carpet, Luxury Vinyl Plank, Marble
Flooring
Carpet, Luxury Vinyl Plank, Marble
Heating
Forced Air

Exterior & lot

Features
Cement Board, Other, Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Paved Lot, Tuckunder Garage
Construction
Three Or More, Block
Foundation
Block
Lot
243024320133, Chain Link, Office, Other, Professional Service
Fence
Chain Link
Parking
Asphalt, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Paved Lot, Tuckunder Garage
Garage spaces
16

Schools

District
Columbia Heights 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
$98,632
Tax year
2026
Parcel
243024320133

Location

Subdivision
Hillwind
County
Anoka
Community
Anoka, City Street, northstar, Columbia Heights
Directions
From 694 go North on Central Ave NE, turn East on Central Ave NE, turn South on to Hackmann Ave NE, Turn West that turns into Hillwind Rd NE the building will be on the left.

Location

Neighborhood
Hillwind
School district
Columbia Heights Public School District

Ask about this property

Questions on 941 Hillwind Road NE, Fridley, MN 55432, or want to see it in person?

Listed by Brian Durham, LPT Realty, 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.