11 10th Avenue S

Hopkins, MN 55343
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Property Description

11 10th Avenue S
Hopkins, MN 55343

Status: For Sale

Property Type: Office,Retail

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, and Novo Chiropractic

  • 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 Lease:

  • Suite C: 813 sf (available 9/1/24)
  • Upper-level office space includes kitchenette and restroom
  • 2024 CAM/Tax: $9.52 psf
  • Lease Rate: $11.00 psf Net

For Sale:

  • 5,414 sf (1,413 sf available with a cathedral ceiling and hardwood floors)
  • 2024 Tax: $24,979.48 ($4.61 psf)
  • Sale Price: $1,300,000
  • Lot Size: .14 acres (6,098 sf)

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