1011 1st Street S Hopkins, MN $ 3,950,000
1011 1st Street S
$ 3,950,000
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1011 1st Street S

Hopkins, MN, 55343
$ 3,950,000
Baths0.0 Sq 47,844

Monthly Estimate*

$ 26,253

1011 1st Street S, Hopkins, MN 55343 - Image 1
Studio

Commercial Property for sale in Hopkins, MN

for $3,950,000. This 47,844 square foot building was built in 1955 on a lot size of 1.04.

Exceptional opportunity for owner-occupied business. Great location on west end of viable Downtown Hopkins. Just one block south of Main Street between 10th and 11th Avenues. Excellent access, visibility, parking, etc.

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Commercial Active

Price

$ 3,950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 194,333

Style

Office

Lot Size

1.04

Year Built

1955

Town/City

Hopkins

County/Region

Hennepin

MLS | Web ID

6486464

Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Heating Common
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1955
Property SubType Office
Tax Year 2024
Current Use Office
Accessibility Fully Wheelchair
Additional Parcels Description 2411722340245
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name West Minneapolis
Directions Excelsior Boulevard to 11th Avenue S north one block.
City Hopkins
Buyer Agent Compensation 2.70
High School District Hopkins
Zoning Description Business/Commercial
NumberOfUnitsTotal 1
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 194333
Additional Parcels Y/N Y
Days on Market 87
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Paved More Parking Offsite for Fee
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 1.04
Building Area Total 47844
Lot Dimensions 265x200x89x44x175x156
Foundation Area 10830
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Interior
Basement (Y/N) N
Fuel Natural Gas
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Internal Only
Street Number 1 1011
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* Excluded Features
List By
Edina Realty, Inc.

Broker

BobWuornos@edinarealty.com

Email

Affordability Calculator

$42,447
Per Month
62%
38%
0%
Monthly Principal & Interest
$26,253
Monthly Property Taxes
$16,194
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708341 Elementary School
708817 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$3,950,000 -20.20% Price Down
3/27/2024$4,950,000 -16.81% Price Down
2/8/2024$5,950,000 Listed Price

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1011 1st Street S, Hopkins, MN, 55343 is a Commercial Property for sale at $3,950,000 with 47,844 sqft and a lot size of 1.04. 1011 1st Street S is a studio with 0.0 baths and was built in 1955. The property's zip code is 55343 which is in Hopkins, MN