941 Hillwind Rd NE

Fridley, MN 55432
  • $4,500,000

    Price
  • 38,152

    SqFt
  • 1.09

    Acre

About the Listing 253015 - 506007419

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 Highlights

Status Active
Days on Site 106
Property Type Commercial Sale
MLS ® 7088736
Year Built 1990
Total Square Footage 38,152
Lot/Acreage 1.09
County Anoka
Neighborhood Hillwind
School District Columbia Heights

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Lot Description: Irregular Lot,Chain Link
  • Garage Capacity: 16 car
  • Lot Dimensions: 64x130x238x158x328
  • Zoning: Business/Commercial
  • Roof:
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Asphalt,Garage Door Opener,Guest Parking,Heated Garage,Parking Lot,Paved Lot,Tuckunder Garage

Financial Details

  • Tax Amount: $98,632
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 243024320133
  • Tax Year: 2026

Payment Calculator

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941 Hillwind Rd NE Fridley, MN 55432

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Originating MLS: northstar

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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