Kelli Johnson - Coldwell Banker Crown Logo
$4,500,000
( $117.95Per Sq Foot )
 $24,157 est/mo Sourced by Back At You

941 Hillwind Road NE,Fridley, MN 55432

Fridley, MN 55432

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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 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.

Details

MLS #7088736
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1990
Days On Site73
Listing Provided ByLPT Realty, LLC | Brian Durham

Features

SQ Feet38,152
Garage16
BasementY
Units21
ZoningBusiness/Commercial
Acreage1.09

Interior

HeatingForced Air

Exterior

Lot FeaturesIrregular Lot

Parking

Parking FeaturesAsphalt, Garage Door Opener, Guest Parking, Heated Garage, Parking Lot, Paved Lot, Tuckunder Garage

Utilities

UtilitiesElectric Common, Heating Common, Hot Water Common

Taxes

Property98632

Area Information

StateMN
CountyAnoka
CityFridley
Zip Code55432
Community NameHillwind
School District13
High SchoolColumbia Heights
Listing VS Median (in Hillwind)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
38,152
low | high
Med:
38,152
50% of Average
$ / sqft:
$118
low | high
Med:
$118
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You

Market Activity 55432

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 22, 2026 at 6:41:30 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

Kelli Johnson

Kelli Johnson

Coldwell Banker Crown Realtors

20363695Graduate, REALTOR Institute, REALTOR, National Association of REALTORS (218) 255-3114kellisj88@gmail.com
StateMN
CountyAnoka
CityFridley
Zip Code55432
Community NameHillwind
School District13
High SchoolColumbia Heights
Listing VS Median (in Hillwind)
Price:
$4,500,000
low | high
Med:
$4,500,000
50% of Average
sqft:
38,152
low | high
Med:
38,152
50% of Average
$ / sqft:
$118
low | high
Med:
$118
50% of Average
On site:
73
low | high
Med:
73
100% of Average
Sourced by Back At You
Listing Updated: July 20, 2026 at 6:53:05 PM PDT

Kelli Johnson - Coldwell Banker Crown