This exceptional two-story, 3,442 square foot creative office building is situated at 916 Mainstreet in the heart of historic downtown Hopkins, Minnesota. Built in 1900, this single-tenant property boasts a classic brick façade and offers a unique opportunity for owner-occupancy or investment. Located in Hennepin County, zip code 55343, the building benefits from its walkable environment and proximity to a diverse range of businesses, restaurants, bars, and shops. Downtown Hopkins is experiencing rapid growth and is known for its thriving atmosphere. The property enjoys a remarkable walk score of 90, placing it among the top three in the state, highlighting its convenient location. Commuters will appreciate the easy access to Highways 7 and 169. This property presents a rare chance to acquire a well-situated, character-filled building in a highly desirable and rapidly developing area. The building's potential is significant, whether for an owner-user seeking a unique workspace or an investor looking for a strong return. The property's size and location make it an attractive option for a variety of businesses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,099,988
Hospitality
$1,007,583
Educational
$838,297
Medical
$867,128
Retail
$1,304,018
Location Insight
City
Hopkins
County
Hennepin
State
Minnesota
Latitude
44.9241
Longitude
-93.4123
CBSA code
33460
CBSA name
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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