941 Hillwind Road NE, Minneapolis, MN 55432

New Listing
$4,500,000
Property Type: Commercial Lot Size (sq. ft.): 47,480 Status: Active
Current Price: $4,500,000 List Date: 6/10/2026 Last Modified: 6/10/2026

Overview

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 sui ...

Listing Details MLS# 7088736

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
75
Owner Occupied
Yes
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

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

Contract Information

Contingency
None
ListPrice
4500000
Owner is an Agent?
No
Auction?
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
Assessment Balance
0

Basement

Foundation Dimensions
140x73

More Information

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
Parking Lot
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Paved Lot
Yes
Tuckunder Garage
Yes

Public Survey Info

Range#
24
Section#
24
Township#
30

Sale Options

Sale Includes
Building, Leases

Unit Details

Total Units
21

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
LOT 1 BLOCK 1 HILLWIND TOG/W PRT OF LOTS 2 & 3 AUDITORS SUBDIVISION NO 25 LYG W OF E 1580.4 FT THEREOF & LYG S OF PLAT OF LYNDALE BUILDERS 6TH ADDITION
Listing City
Fridley
Map Page
78
Municipality
Fridley
School District
Columbia Heights
School District Phone
763-528-4500
Zip Plus 4
5907
Property ID Number
243024320133
Tax Year
2026
Tax Amount
98632
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
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.
Directions
From 694 go North on Central Ave NE, turn East on Central Ave NE, turn South on to Hackmann Ave NE, Turn West that turns into Hillwind Rd NE the building will be on the left.

Accessible

Accessible Elevator Installed
Yes
Hallways 42"+
Yes

Assumable Loan

Not Assumable
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Cement Board
Yes
Other
Yes

Fencing

Chain Link
Yes

Flooring

Carpet
Yes
Luxury Vinyl Plank
Yes
Marble
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Internet Options

DSL
Yes

Lot Description

Irregular Lot
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Water

City Water/Connected
Yes

On Site Utilities

Electric Common
Yes
Heating Common
Yes
Hot Water Common
Yes

CMU Style

High Rise
Yes
Office
Yes

Current Use

Office
Yes
Other
Yes
Professional Service
Yes

Loan Terms

Cash
Yes
Conventional
Yes
Other
Yes

Location Description

Free Standing
Yes

Overhead Door Clearance

0-9 Feet
Yes

Potential Use

Office
Yes
Other
Yes
Professional
Yes
IDX
Listing Office: LPT Realty, LLC
Last Updated: June - 10 - 2026
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