Courtesy: Bloom Commercial Real Estate
651-207-3157
Courtesy: RE/MAX Results
612-314-1520
Don’t miss this turnkey, fully leased seven-unit apartment building on Excelsior Blvd in Hopkins — one of the most accessible and tenant-friendly corridors in the western suburbs. All seven units are one-bedrooms, which means consistent tenant profiles, straightforward management/maintenance, and no complex infrastructure to worry about. New boiler and newer driveway mean the major capital items are already done. This is a running operation, not a renovation project. The price per unit is in line with what buyers are currently paying for 2-4 unit buildings in Hopkins. Seven doors for the cost of four is a rare find in this market, and it makes this an ideal move for an investor rolling out of a duplex or single family investment property looking to scale without taking on a complex asset. Easy to self-manage, low maintenance unit mix, and a location that provides historically low to no vacancy. Excelsior Blvd puts tenants within walking distance of restaurants, grocery, retail, and Park Nicollet Methodist Hospital just over a mile away. 494 corridor is also minutes away, which covers both commuters and anyone who prefers to get around without a car. Tenants have what they need close by, and that shows up in retention.
Courtesy: Greatland Real Estate Services Llc
Courtesy: Keller Williams Select Realty
952-431-5100
The subject property consists of a two-level church building (main level and lower level) on approximately 89,914 square feet of land. The gross building area of the existing church is approximately 19,342 square feet and the gross building area of the newly constructed addition is approximately 1,450 square feet, for a total of 20,792 square feet. The existing improvements were constructed in 1955 according to Hennepin County and the new addition and remodeling at a cost near $900,000 completed in 1923 . Key features this church offers and what most churches are searching for. This church checks most or all the boxes generally sought after: *500 +/- person seating capacity in Sanctuary, and seating for 130 in commons area opening to the sanctuary, *Large social hall with capacity for 300, *Classrooms, *Offices, *Lift/Elevator service to main and lower level, *Commons area, *Handicap Entrance, *113 +/- on-site paved parking spaces, *Large sanctuary that on special occasions has held over 550 according to the pastor, *Large sanctuary and original building completely remodeled, updated in 2023 with modern sound equipment, streaming ability, projection screen, new carpet, and chairs, *Upgraded HVAC with remote temperature control for heating and cooling the sanctuary. *Total building area approximately 20,792 +/- sq. ft. (Buyer to verify). 2.06 acres. Monument signage present. Zoning is Religious. Great location with easy access from US Highway 7, I-494, and Hwy 169.Great street exposure and curb appeal. parking accessibility off of Lake Street Extension and Fairview Ave. The structure is in extremely EXCELLENT condition and well kept, showing like new through out. Great possibilities for a first-time or expanding religious entity.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Hopkins is located in Minnesota. Hopkins, Minnesota has a population of 18,861. Hopkins is less family-centric than the surrounding county with 26.03% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Hopkins, Minnesota is $60,824. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Hopkins is 34.8 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 6.3 degrees. The average rainfall is approximately 32.1 inches per year, with 53.5 inches of snow per year.
