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
...
(Read more)
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.
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
Listing Office:
LPT Realty, LLC
Last Updated: June - 10 - 2026
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