941 Hillwind Road NE
Fridley, MN 55432
Price: $4,500,000
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.
Basic Features:
| Type |
Commercial Sale |
| Zoning |
Business/Commercial |
| Year Built |
1990 |
| School District |
Columbia Heights |
| County |
Anoka |
| Lot Size |
64x130x238x158x328 |
| Acreage |
1.09 acres |
| Garage |
16 Car 120x63 |
| Lot Description |
Irregular Lot |
| Number of Units |
21 |
| Tax $ / Year |
$98,632 / 2026 |
| Tax ID |
|
| Legal Description |
|
Includes:
Building,Leases
Additional Features
| Government Programs |
|
| Section |
24 |
| Terrain Type |
|
| Roads |
City Street |
| Driveway |
|
| Foundation |
9538.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
Accessible Elevator Installed,Hallways 42"+ |
| Heating |
Forced Air |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
Asphalt,Garage Door Opener,Guest Parking,Heated Garage,Parking Lot,Paved Lot,Tuckunder Garage |
| Exterior Construction |
|
| Exterior Features |
Cement Board,Other |
| Fencing |
Chain Link |
| Utilities |
Electric Common,Heating Common,Hot Water Common |
| Laundry |
N |
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Coldwell Banker Nybo & Associates are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
DISCLAIMER: The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. By viewing these listings, you are agreeing to abide by the RMLS End-User License Agreement.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to Michael Bisping, Director, Customer Relations, Regional Multiple Listing Service of Minnesota, Inc, 2550 University Avenue West, Suite 259S
Saint Paul, MN 55114 or by email to mbisping@northstarmls.com. Questions can be directed by phone to 651-251-3200.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.