Unique Live/Work Opportunity In Hopkins | Unlock the Potential of This Home and Craft Your Dreams Into Reality
41 12th Ave N 12th Avenue North
Hopkins, MN 55343
FOR SALE
Property Type:
Church PropertiesAmount:
$1,150,000
Cap Rate:
0.00%Last Verified:
Mar 21, 2024
Unique Live/Work Opportunity In Hopkins
Unlock the Potential of This Home and Craft Your Dreams Into Reality
Highlights and Features:
• Classic details
• Beautiful stained-glass windows
• Easy access to Hwy 169 and Hwy 7
• Hopkins is located just a short drive from Minneapolis
• Surrounded by the larger suburban communities of Minnetonka, Saint Louis Park, and Edina
• Hopkins is known for its quality of life, featuring beautiful parks, local amenities, and a charming downtown area
• Zoning allows for 7 units of housing per parcel (total of 14)
• Possible uses include office, art collective, co-working, residential, event space, gathering place
• Area tenants: Pizza Hut, K’kinaco-Nikkei & Pisco Bar, Hoagie’s, Mainstreet Bar & Grill, Chipotle, The Vine Room, Cam Ranh Bay, LTD Brewing Co, A to Z Creamery, Pub 819, Nacho’s Mexican Grill, Wild Boar Bar & Grill, Thirty Bales, Bear Cave Brewing and more
For Sale:
• Church Building: 8,262 sf (can be purchased without house)
• Single Family Home: 1,253 sf
• Land: .28 acres (12,196 sf)
• 2024 Tax: $12,991.90
• Sale Price: $1,150,000.00
Demographics:
• Average Household Population: 1 mile - 7,325, 3 miles - 44,699, and 5 miles - 109,919
• Average Household Income: 1 mile - $65,656, 3 miles - $83,047, and 5 miles - $93,423
Traffic Counts:
• Excelsior Blvd - 19,660 vpd
• Mainstreet - 4,629 vpd
• 12th Avenue N - 1,752 vpd
• 1st Street N - 1,770 vpd
• 11th Avenue N - 2,500 vpd