941 Hillwind Road NEFridley, MN 55432
$3.5 million
38,152 finished sq ft · 1.09 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1990
- Finished sq ft
- 38,152
- Lot
- 1.09 acres
- Garage
- 16 stalls
- Heating
- Natural Gas, Forced Air
- Property taxes
- $98,632 a year
- Listed
- June 8, 2026
- MLS number
- 7088736
Listing courtesy of Kris Lindahl Real Estate (Brian Durham). MLS #7088736.
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How it compares
941 Hillwind Road NE, Fridley, MN 55432 is a single-family home built in 1990, listed for $3.5 million on June 8, 2026 by Kris Lindahl Real Estate. That is in the upper quarter of the 70 single-family homes for sale in Fridley right now (median $339,900; $92 per square foot here against $182 for the group). That works out to $92 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Fridley community guideSchools, commutes, parks, home values and local stories.
- Fridley housing market, September 2026Homes sold for a median $335,000 over 12 months (+3.1%), 35 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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