$850,000

7800 Medicine Lake Road, New Hope, MN 55427

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$850,000

(100,000) 09/17/2025

7800 Medicine Lake Road New Hope, MN 55427

For Sale MLS# 6739743

2,242 sq ft Commercial

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Data current as of 15/12/2025 18:27:25

Details for 7800 Medicine Lake Road

MLS# 6739743

Description for 7800 Medicine Lake Road, New Hope, MN, 55427


Great location on corner of Medicine Lake Rd and Winnetka Ave in New Hope. Impressive full service gas station in a great location with high volume traffic. Full service auto repair and gas station includes: 4 gasoline dispensers with 8 positions under canopies, 3 service bays with newer 10 ft doors, 3 lifts, 1 compressor, 3 underground gas tanks, and 400 amp electric service. There is parking for 12 vehicles including one handicap spot. Seller is also leaving walk-in coolers, walk in freezers, cabinetry and counters. Buyer can purchase food and drink inventory at cost. See supplement for more information.

Listing Information


Property Type: Commercial, Business Opportunity

Status: Active

Lot Size: 0.36 Acres

Square Feet: 2,242 sq ft

Year Built: 1959

Foundation: 2,242 sq ft

Garage: Yes

Stories: 1 Story

Subdivision: Lampheres Terra Linda

Number Of Units Total: 1

Current Use: Automobile Service

County: Hennepin

Days On Market: 182

Construction Status: Previously Owned

School Information


District: 281 - Robbinsdale

Interior Features


Appliances: Gas Water Heater

Flooring: Concrete Slab

Additional Interior Features: Local Area Network

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Common,Heating Common,Hot Water Common

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 3

Open Parking: 12

Parking Description: Uncovered/Open, Paved Lot, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Driveway - Concrete, Attached Garage

Exterior: Block

Roof: Pitched, Age Over 8 Years, Asphalt Shingles

Lot Dimensions: 90x40x110x125x150

Zoning: Business/Commercial

Topography: Level

Additional Exterior/Lot Features: Overhead Doors, Corner Lot, Public Transit (w/in 6 blks), Land Inclusions - Building,Fixture/Equipment, Road Frontage - City

Driving Directions


Hwy 169 to Medicine Lake Rd (27th), east to corner of Medicine Lk Rd and Winnetka Ave

Financial Considerations


Tenant Pays: None

Owner Pays: All Utilities

Tax/Property ID: 2011821330093

Tax Amount: 12329

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 7800 Medicine Lake Road

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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