941 Hillwind Road NE, Minneapolis, MN 55432
$4,500,000
Property Type: Commercial Square Footage: 38,152 Lot Size (sq. ft.): 47,480 Status: Active
Current Price: $4,500,000 List Date: 6/10/2026 Last Modified: 8/27/2026
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
- 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
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
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
Public Survey Info
- Range#
- 24
- Section#
- 24
- Township#
- 30
Sale Options
- Sale Includes
- Building, Leases
Unit Details
- Total Units
- 21

Listing Office: LPT Realty, LLC
Last Updated: August - 27 - 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.
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