941 Hillwind Road NE, Minneapolis, MN 55432 (MLS# 7088736)


$3,500,000
941 Hillwind Road NE
Minneapolis, MN 55432
MLS# 7088736
38152 sqft


941 Hillwind Road NE, Minneapolis, MN 55432
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Property Description
Presenting Hillwind Office Center, a rare opportunity to acquire a well-maintained, multi-tenant medical and professional office building strategically located in the heart of Fridley's thriving business corridor. Situated just yards from Interstate 694 and Highway 65, giving you exposure to 150,000 cars a day! 941 Hillwind Rd NE offers exceptional accessibility, strong tenant demand, and significant upside potential for investors and owner-users alike. The property consists of over 38,000 square feet of office and medical space situated on a 1.09-acre site with abundant surface and covered parking. Originally constructed in 1987, the building has undergone extensive renovations and capital improvements, including a complete remodel of the third floor in 2025, significant second-floor renovations, a full first-floor remodel in 2023, and substantial ground-level improvements completed in 2024. The building is home to a diverse mix of healthcare, professional service, and executive suite tenants, creating stable cash flow while minimizing reliance on any single occupant. Current ownership occupancy by healthcare-related businesses provides a unique value-add opportunity, as a significant portion of the building is leased below prevailing market rates. A future investor may realize meaningful revenue growth through lease renewals, tenant turnover, or market-rate repositioning. With a strategic location, recent capital improvements, established tenant base, and future income growth opportunities, 941 Hillwind Rd NE represents a compelling opportunity for investors seeking stable cash flow with value-add potential in one of the Twin Cities' strongest suburban office and medical markets.

Details
Maps
Contract Information
Status: Active
Current Price: 3500000
Contingency: None
ListPrice: 3500000
List Date: 2026-06-08
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 75
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1990
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 9538
Garage Stalls: 16
For Sale or Lease: For Sale
Acres: 1.09
Lot Dimensions: 64x130x238x158x328
Assessment Pending: No
Location Tax and Other Information
House Number: 941
Street Name: Hillwind
Street Suffix: Road
Street Direction Suffix: NE
Postal City: Minneapolis
County: Anoka
State: MN
Zip Code: 55432
Complex/Dev/Subdivision: Hillwind
Assessments
Tax With Assessments: 98632
Basement
Foundation Dimensions: 140x73
Building Information
Building Finished SqFt: 38152
Building SqFt: 38152
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 120x63
Garage Door Height: 7
Garage Door Width: 16
Garage Square Feet: 7473
Public Survey Info
Range#: 24
Section#: 24
Township#: 30
Sale Options
Sale Includes: Building, Leases
Unit Details
Total Units: 21
Property Features
Accessible: Accessible Elevator Installed; Hallways 42"+
Assumable Loan: Not Assumable
CMU Style: High Rise; Office
Construction Status: Previously Owned
Current Use: Office; Other; Professional Service
Existing Financing: Conventional
Exterior: Cement Board; Other
Fencing: Chain Link
Flooring: Carpet; Luxury Vinyl Plank; Marble
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: DSL
Loan Terms: Cash; Conventional; Other
Location Description: Free Standing
Lot Description: Irregular Lot
On Site Utilities: Electric Common; Heating Common; Hot Water Common
Overhead Door Clearance: 0-9 Feet
Parking Characteristics: Parking Lot; Garage Door Opener; Heated Garage; Paved Lot; Tuckunder Garage
Potential Use: Office; Other; Professional
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Sewer: City Sewer/Connected
Stories: Three Or More
Water: City Water/Connected

Listing Office: LPT Realty, LLC

Last Updated: October - 05 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Tuesday 6th of October 2026 08:22 AM

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