OWNER/USER OPPORTUNITY - OFFICE/RETAIL PROPERTY
11 10th Avenue S
Hopkins, MN 55343
FOR SALE
Property Type:
Multi Tenant OfficeAmount:
$1,300,000
Cap Rate:
0.00%Last Verified:
Nov 07, 2024Daily Email Blast
0 times
OWNER/USER OPPORTUNITY - OFFICE/RETAIL PROPERTY FOR SALE
Highlights and Features:
Potential for an Owner/User to occupy 1,413 SF on the main floor
Updated and well maintained
Unique architectural details
Year Built: 1941
In the heart of Hopkins, 1 block off Main Street
Floors: 3
Parking: Free city lot adjacent to the building
Zoning: B-2
SWLRT has three planned stations in Hopkins
The downtown Hopkins station will be connected to Mainstreet by 8th Avenue
Ovation Hopkins, a mixed-use development, will be opening in the fall of 2024
Current tenants: Hears To U Audiology, Twist Sales, Novo Chiropractic, and Wehmann Talent Agency
Area tenants: Brasa, 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, Nautical Bowls, Cream and Amber, Chicky Choco Pop and more
For Sale:
5,414 sf (1,413 sf available with a cathedral ceiling and hardwood floors)
Lot Size: .14 acres (6,098 sf)
2024 Tax: $24,979.48 ($4.61 psf)
Sale Price: Negotiable
Demographics and Traffic Counts:
Average Household Population: 1 mile - 8,009, 3 miles - 44,811 and 5 miles - 112,203
Average Household Income: 1 mile - $65,432, 3 miles - $82,376 and 5 miles - $95,112
Traffic Counts: Excelsior Blvd: 19,660 vpd, and Mainstreet: 4,629 vpd