ACTIVE$1,900,000
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope - Mike Wilen | Minnesota Team Real Estate

Property information

Beds
—
Baths
N/A
Sq Ft
—
Year Built
1996
Property Type
Commercial Sale
Acres
1.43
County
Hennepin
Waterfront
No
Waterfront View
—
Waterfront Feet
—
Water Body
—
Parking
0
Basement
—
Price/Sqft
—
Stories
—
HOA Fee
N/A
Updated
1 MO AGO
List Date
8/20/2026

A 1.43-acre Community Business 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. Building is currently vacant. 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.

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View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (2 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (3 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (4 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (5 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (6 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (7 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (8 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (9 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (10 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (11 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (12 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (13 of 14) - Mike Wilen | Minnesota Team Real Estate
View of Commercial Sale at 7300 42nd Avenue, New Hope MN 55427, New Hope (14 of 14) - Mike Wilen | Minnesota Team Real Estate

Listed by: MRG Realty Partners, LLC