941 Hillwind Road NE Minneapolis, MN $ 3,500,000
941 Hillwind Road NE
$ 3,500,000
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941 Hillwind Road NE

Minneapolis, MN, 55432
$ 3,500,000
Bedrooms-- Baths-- Sq 38,152

Monthly Estimate*

$ 24,174

941 Hillwind Road NE, Minneapolis, MN 55432 - Image 1
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 2
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 3
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 4
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 5
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 6
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 7
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 8
941 Hillwind Road NE, Minneapolis, MN 55432 - Image 9

Commercial Property for sale in Minneapolis, MN

for $3,500,000. This 38,152 square foot building was built in 1990 on a lot size of 1.09.

Presenting Hillwind Office Center, a rare opportunity to acquire a well-maintained, multi-tenant medical and professional office building strategically located in the heart of Fridley's thriving business corridor. Situated just yards from Interstate 694 and Highway 65, giving you exposure to 150,000 cars a day! 941 Hillwind Rd NE offers exceptional accessibility, strong tenant demand, and significant upside potential for investors and owner-users alike. The property consists of over 38,000 square feet of office and medical space situated on a 1.09-acre site with abundant surface and covered parking. Originally constructed in 1987, the building has undergone extensive renovations and capital improvements, including a complete remodel of the third floor in 2025, significant second-floor renovations, a full first-floor remodel in 2023, and substantial ground-level improvements completed in 2024. The building is home to a diverse mix of healthcare, professional service, and executive suite tenants, creating stable cash flow while minimizing reliance on any single occupant. Current ownership occupancy by healthcare-related businesses provides a unique value-add opportunity, as a significant portion of the building is leased below prevailing market rates. A future investor may realize meaningful revenue growth through lease renewals, tenant turnover, or market-rate repositioning. With a strategic location, recent capital improvements, established tenant base, and future income growth opportunities, 941 Hillwind Rd NE represents a compelling opportunity for investors seeking stable cash flow with value-add potential in one of the Twin Cities' strongest suburban office and medical markets.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 98,632

Style

Lot Size

1.09

Year Built

1990

Town/City

Minneapolis

County/Region

Anoka

MLS | Web ID

7088736

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Utilities Electric Common Heating Common Hot Water Common
Garage Spaces 16
Year Built 1990
Levels Three Or More
Tax Year 2026
Current Use Office Other Professional Service
Accessibility Accessible Elevator Installed Hallways 42 +
County Anoka
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Hillwind
Possible Use Office Other Professional Service Medical/Dental
Directions From 694 go North on Central Ave NE turn East on Central Ave NE turn South on to Hackmann Ave NE Turn West that turns into Hillwind Rd NE the building will be on the left.
City Fridley
High School District Columbia Heights
Zoning Description Business/Commercial
Number Of Units Total 21
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 98632
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Fencing Chain Link
Parking Features Asphalt Garage Door Opener Guest Parking Heated Garage Parking Lot Paved Lot Tuckunder Garage
Lot Features Irregular Lot
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 1.09
Building Area Total 38152
Lot Dimensions 64x130x238x158x328
Waterfront Y/N N
Foundation Area 9538
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Foundation Dimensions 140x73
Fuel Natural Gas
Garage Dimensions 120x63
Garage Door Width 7
Garage Square Feet 7473
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Internal Only
Street Number 1 941
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* Excluded Features
List By
Lpt Realty, Llc

Broker

brian@wegorealestate.com

Email

Affordability Calculator

$32,393
Per Month
75%
25%
0%
Monthly Principal & Interest
$24,174
Monthly Property Taxes
$8,219
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
709149 Elementary School
709139 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2026$3,500,000 -22.22% Price Down
6/10/2026$4,500,000 Listed Price

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941 Hillwind Road NE, Minneapolis, MN, 55432 is a Commercial Property for sale at $3,500,000 with 38,152 sqft and a lot size of 1.09. 941 Hillwind Road NE was built in 1990. The property's zip code is 55432 which is in Minneapolis, MN