1001 - 1007 Mainstreet
Hopkins, MN 55343
MLS #4783018

Commercial
  • 0.13acres
$1,350,000
Est. P&I payment: $5156.09/mo
1001 - 1007 Mainstreet, Hopkins, MN 55343
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Description for 1001 - 1007 Mainstreet, Hopkins, MN 55343
Fully leased mixed use commercial property in the heart of expanding downtown Hopkins. Main St visibility with endless retail, office and service use capabilities. Fully leased with well established tenants covering financials service, professional service, medical spa, and general business. two residential apartments located on second floor both with long standing tenants. private courtyard in rear of property. perfect downtown Hopkins location.
MLS #4783018
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My Notes for MLS #4783018

General Features

  • Acres: 0.13
  • Current Use: Beauty/Barber Shop,​Business Service,​Professional Service,​Residential
  • Foreclosure Status: No
  • Year Built: 1900
  • Sale Includes: Building,​Land,​Leases
  • Total Number of Units: 10
  • Status: Active

Exterior Features

  • Exterior: Wood,​Stucco,​Brick/Stone
  • Parking Characteristics: More Parking Offsite for Fee,​On-Street Parking Only
  • Road Frontage: City,​Paved Streets,​Sidewalks
  • Lot Description: Corner Lot,​City Bus (w/in 6 blks)
  • Lot Dimensions: 85x130

Interior Features

  • Building Finished Square: 13,866
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable),​Concrete Block
  • Roof: Asphalt Shingles,​Flat,​Age Over 8 Years
  • Number of 1 Bedroom Unit: 2
  • Shared Rooms: Other

Utilities Features

  • Appliances: None
  • Air Conditioning: Central
  • Heating: Forced Air
  • Fuel: Natural Gas,​Electric
  • Water: City Water/Connected,​City Water - In Street
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected,​City Sewer - In Street

Financial Features

  • Annual Electric Expense: 896
  • Annual Fuel Expense: 1,134
  • Annual Insurance Expense: 7,024
  • Annual Repair Expense: 8,466
  • Annual Gross Expense: 55,359
  • Total Annual Expenses: 55,359
  • Annual Trash Expense: 2,408
  • Annual Water/Sewer Expense: 1,084
  • Tenant Expenses: Electric,​Fuel
  • Annual Net Income: 80,275
  • Tax Amount: 33,735
  • Tax With Assessments: 12,489
  • Tax Year: 2016
  • Annual Gross Income: 135,634

Community Features

  • County: Hennepin
  • Municipality: Hopkins
  • Postal City: Hopkins (MN)

School Features

  • School District: 270 - Hopkins
  • School District Phone: 952-988-4000

Misc Features

  • Amenities - Shared: Patio
  • Amenities - Unit: Patio
  • Foundation Size: 8,460
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 1001 - 1007 Mainstreet, Hopkins, MN 55343
Hwy 169 to West Excelsior Blvd; north on 11th Avenue, East on Main Street to Property.
The listing information for 1001 - 1007 Mainstreet, Hopkins, MN 55343 was graciously provided by our friends at the listing brokerage, REEF Brokerage Services, LLC

Get Financing for 1001 - 1007 Mainstreet, Hopkins, MN 55343

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $5156.09
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Last Updated 11/18/2017 at 7:07pm
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