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Overview
Location
Mortgage
7300 42nd Ave N New Hope, MN 55427
$1,900,000
ACTIVEBeds
Baths
Sqft
Acres
1.43
Year
1996
Days on Site
1 Hour
Property Type
Commercial Sale
Sub Type
Per Square Foot
$1,900,000
Date Listed
Aug 20, 2026
Description of 7300 42nd Ave N, New Hope, MN 55427
Listing details for 7300 42nd Ave N, New Hope, MN 55427 : 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.
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Listing Updated : 08-20-2026 at 1:24 PM CDT
Property Details
Property Overview
Listing Price
$1,900,000
MLS #ID
NST7130833
Price
$1,900,000
Bedrooms
Bathrooms
Square Footage
Acres
1.43
Year
1996
Days on Site
1 Hour
Property Type
Commercial Sale
Property Sub Type
Price per Sq Ft
$0
Date Listed
Aug 20, 2026
Location
Street Address
7300 42nd Ave N
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
From HWY 100, 42nd Ave westbound to Nevada Ave
Schools
School District
Construction / Architecture
Year Built
1996
Foundation
Slab
New Construction
No
Price per Sq Ft
$0
Lot Size (Acres)
1.43
Interior Details
Fireplace
No
Heating
Forced Air
Cooling
None
Exterior Details
Garage
No
Parking Features
Parking Lot
Exterior Features
Stone
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$2,128.00
HOA Fee Includes
None
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Source
NorthstarMLS as distributed by MLS GRID, MLS#: NST7130833
For more information on this listing contact us at 612-712-1154
Property History
DateEventPrice
8/20/2026
Listed for sale
$1,900,000
Source:NorthstarMLS #NST7130833
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For more information on this listing contact us at 612-712-1154
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For more information on this listing contact us at 612-712-1154