1515 5Th StHopkins, MN 55343

Property Details for 1515 5Th St

Year built

1961

Construction

CONCRETE BLOCKS

Lot size

2.14 AC

Property type

Industrial properties

APN

25-117-22-22-0015

APU

2511722220015

Description

Hopkins Business Plaza offers exceptional warehouse space in a prime Hopkins, MN location (1515 5th St S, 55343). This single, two-story building totaling 40,208 square feet, built in 1961 and renovated in 2018, features two available suites: Suite A (2,200 sq ft) and Suite B (450 sq ft), which can be combined for up to 2,650 contiguous square feet. Each suite offers 6-foot wide double-door access, ideal for storage of various items. The property boasts value-priced storage space, perfect for home furnishings, art, or other high-value goods. On-site security provides peace of mind. All utilities, heat, AC, and taxes are included in the gross annual rent of $12 per square foot. Lease terms are flexible, ranging from 1-3 years with options for 3-month extensions beyond the initial term. All terms are negotiable, but renters insurance is required. The property enjoys convenient access to Excelsior Blvd, Shady Oak Rd, and Highways 7 and 169, placing it in the heart of Hopkins' industrial district. Free off-street parking is available. The property is zoned Res-Office Mix TOD. Minimum divisible space is 450 sq ft.

• Alternative Use

  Use

  Valuation

  Residential

  $19,632,482

  Hospitality

  $17,983,248

  Educational

  $14,961,851

  Medical

  $15,476,412

  Retail

  $23,273,990

Location Insight

City

Hopkins

County

Hennepin

State

Minnesota

Latitude

44.9176

Longitude

-93.42

CBSA code

33460

CBSA name

MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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