7300 42nd Ave N - Commercial LAND FOR SALE


New Hope, MN 55427 62,291 SF
$1,900,000 USD
651-998-9380
7300 42nd Ave N, New Hope, MN for Sale
$1,900,000 USD
Commercial LAND - FOR SALE
1/1
62,291 SF

7300 42nd Ave N
New Hope, MN 55427


HIGHLIGHTS

  • 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.

OVERVIEW

Retail / Office Repurpose / Redevelopment | 6,867 SqFt A 1.43-acre Community Business (Zoned) 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. Please contact David Dirkers at 651-998-9380 or david@mrgrealtypartners.com with any questions or for additional site information /showings. Investment highlights: -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.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/ACRE

$1,328,671/AC

PRICE/SF

$31 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Office, Storefront Retail/Office

LAND ACRES

1.43 AC

LAND SF

62,291 SF

OFFSITE IMPROVEMENTS

-

ZONING

Community Business

APN/PARCEL ID

17-118-21-21-0054

ASK ABOUT THIS PROPERTY

David DirkersMRG Realty PartnersMore Info
651-998-9380

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David DirkersMRG Realty PartnersMore Info
651-998-9380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.