7300 42nd N Avenue, New Hope, Minnesota 55427

MN, New Hope
$1,900,000
  • Commercial Sale Property Type
  • 1996 Year Built
  • Active Status
See All 14 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7130833
  • Price: $1,900,000
  • Year Built: 1996
  • Listing Status: Active
  • Office Name: MRG Realty Partners, LLC
Features
  • Heating System Forced Air
  • Parking Parking Lot
  • Utilities Heating Common,Electric Common,Hot Water Common
  • Exterior Features Stone
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City New Hope
  • Zipcode 55427
  • Street: 42nd
  • Street Number: 7300
  • Street Suffix: Avenue
  • Longitude: W94° 37' 33.7''
  • Latitude: N45° 1' 59.6''
  • Directions: From HWY 100, 42nd Ave westbound to Nevada Ave
  • Street Dir Suffix: N
Neighborhood
  • High School District: Robbinsdale
MLS Addon
  • Office Name: MRG Realty Partners, LLC
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: Other
  • Current Use: Commercial
  • Foundation Details: Slab
  • Lot Size Dimensions: 485 x 130
  • Number Of Units Total: 1
  • Possible Use: Other
Financial
  • Tax Annual Amount: 2128
Listing Information
  • List Agent Mls Id: 506015287
  • List Office Mls Id: 26013
  • Modification Timestamp: 2026-08-20T18:08:07Z
  • Originating System Name: NorthStar
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