Unique Opportunity In Hopkins Unlock the Potential and Craft Your Dreams Into Reality

41 12th Ave N 12th Avenue North Hopkins, MN 55343

41 12th Ave N 12th Avenue North , Hopkins, MN, 55343
41 12th Ave N 12th Avenue North , Hopkins, MN, 55343
FOR SALE
Property Type:
Church Properties
Amount:
$699,000
Cap Rate:
0.00%
Last Verified:
May 24, 2024

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Unique Opportunity In Hopkins Unlock the Potential 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 • Possible uses include office, art collective, co-working, 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 • Land: .14 acres (6,098 sf) • 2024 Tax: $7,208.60 • Sale Price: $699,000.00 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

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Map of 41 12th Ave N 12th Avenue North , Hopkins, MN, 55343

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because: