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.