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$1,900,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 1.43 Acres
  • Updated 5 hours ago
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A 1.43-acre Community Business site at 42nd Ave N & Nevada Ave N, with creative options: occupy or lease the existing freestanding building, or take the full City Center-guided parcel to redevelopment. Building is currently vacant. Signalized corner presence on 42nd Ave N (Rockford Rd) at Nevada Ave N: 24,039 vehicles per day (MnDOT 2024). Midway between Hwy 169 & Hwy 100, about 1.3 miles to each interchange on New Hope's main east-west corridor. Flexible CB zoning: restaurant, retail, office, medical, personal services, health club, brewpub, cannabis retail & more. Existing building & 50+ stalls give day-one utility: occupy, lease for holding income, or clear the site. Guided Commercial in the 2040 plan inside Planning District 11, the city's designated City Center area. 102,305 people & $104,214 average household income within 3 miles.

Full Property Details for 7300 42nd Ave N

General

  • Price: $1,900,000
  • Taxes: $2,128 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7130833
  • Updated: Today (8/20/2026)
  • Added to Site: Today

Parking

  • Parking Features: Parking Lot

Location

  • County: Hennepin
  • Township: New Hope
  • Subdivision: City Center Add
  • Driving Directions: From HWY 100, 42nd Ave westbound to Nevada Ave

School Information

  • School District: 281 - Robbinsdale
  • High School District: Robbinsdale

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Foundation Size: 7800
  • Disability Access: Other
  • Current Bldg. Use: Commercial
  • Year Built: 1996

Lot Features

  • Lot Size (Acres): 1.43
  • Lot Dimensions: 485 x 130
  • Potential Use: Other
  • Zoning: Business/Commercial

Financial Considerations

  • Tax Amount: $2,128
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 001 CITY CENTER ADDN
  • Inclusions: Building, Land
  • Property ID: 1711821210054

Listed by MRG Realty Partners, LLC

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Listing agent

— 7300 42nd Ave N —

  • MRG Realty Partners, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7300 42nd Ave N

School District:Robbinsdale Area School District
NameGradesDistance
Forest Elementary School
6800 47th Avenue North, Crystal, MN 55427
K-50.6 mi
Robbinsdale Middle School
3730 Toledo Avenue North, Robbinsdale, MN 55422
6-81.5 mi
Robbinsdale Cooper Senior High School
8230 47th Avenue North, New Hope, MN 55428
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7300 42nd Ave N Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$1,900,000
58.33%
MLS
3/28/2024
Sold
$1,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7300 42nd Ave N

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,128
-94%
-100%
2025
$33,918
3%
$1,051,000
—
2023
$32,909
-3%
$1,051,000
—
2023
$34,033
—
$1,051,000
3%
2023
$34,033
-16%
$1,020,000
-7%
2020
$40,477
1%
$1,096,000
5%
2019
$40,275
7%
$1,044,000
5%
2018
$37,638
—
$998,000
5%
2017
$37,531
-3%
$950,000
—
2016
$38,508
-3%
$950,000
—
2015
$39,556
-4%
$950,000
—
2014
$41,089
2%
$950,000
—
2013
$40,105
—
$950,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by MRG Realty Partners, LLC

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7300 42nd Avenue N, New Hope, MN 55427 (MLS# 7130833) is a Commercial property. 7300 42nd Avenue N is currently listed for $1,900,000 and was received on August 20, 2026. Want to learn more about 7300 42nd Avenue N? Do you have questions about finding other Commercial real estate for sale in New Hope? You can browse all New Hope real estate or contact a Coldwell Banker agent to request more information.

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