Log In/Sign Up
Your email has been sent.
7300 42nd Ave N 1.43 Acres of Commercial Land Offered at $2,616,490 CAD in New Hope, MN 55427
Investment Highlights
- Signalized corner presence on 42nd Ave N (Rockford Rd) at Nevada Ave N: 24,039 vehicles per day (MnDOT 2024).
- Flexible CB zoning: restaurant, retail, office, medical, personal services, health club, brewpub, cannabis retail & more.
- Guided Commercial in the 2040 plan inside Planning District 11, the city's designated City Center area.
- Midway between Hwy 169 & Hwy 100, about 1.3 miles to each interchange on New Hope's main east-west corridor.
- Existing building & 50+ stalls give day-one utility: occupy, lease for holding income, or clear the site.
- 102,305 people & $104,214 average household income within 3 miles.
Executive Summary
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.
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.
Property Facts
| Price | $2,616,490 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.43 AC |
| Property Type | Land | ||
| Zoning | Community Business - Community Business | ||
| Price | $2,616,490 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.43 AC |
| Zoning | Community Business - Community Business |
1 Lot Available
Lot
| Price | $2,616,490 CAD | Lot Size | 1.43 AC |
| Price Per AC | $1,829,713.27 CAD |
| Price | $2,616,490 CAD |
| Price Per AC | $1,829,713.27 CAD |
| Lot Size | 1.43 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 17-118-21-21-0054 | Improvements Assessment | $676,598 CAD |
| Land Assessment | $771,680 CAD | Total Assessment | $1,448,278 CAD |
Property Taxes
Parcel Number
17-118-21-21-0054
Land Assessment
$771,680 CAD
Improvements Assessment
$676,598 CAD
Total Assessment
$1,448,278 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
7300 42nd Ave N
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.