509 Bananas Buys 509 Second Ave. S. (32,000 SF) in Minneapolis

Reported Sep 8, 2026 · Source: Finance & Commerce

Source: Finance & CommerceRead the full report at Finance & Commerce ↗

Deal details

Buyer
509 Bananas LLC
Seller
Creek Valley Properties, LLC
Price
$2.65M
Size
32,000 SF
Price per SF
$83 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
West & Southwest Suburbs
Metro
Minneapolis-St. Paul
Reported date
Sep 8, 2026

Summary

A 32,000-square-foot industrial building at 509 Second Ave. in Hopkins has sold for $2.65 million in a transaction between local parties. The listed buyer is 509 Bananas LLC of Eden Prairie and the seller is Creek Valley Properties, LLC of Edina, with a new mortgage and no down payment listed. The building carries IX-S zoning, which allows office, R&D and low-impact production.

Summarized from the article; the quoted lines below are from the article itself.

Source: Finance & Commerce

Read the full report at Finance & Commerce. What the article says:

  • Deal
    The industrial building at 509 Second Ave. in Hopkins carries IX-S zoning, which allows office, R&D and low-impact production. (Submitted photo: CBRE)
  • Deal / Price / Size
    A 32,000-square-foot industrial building at 509 Second Ave. in Hopkins has sold for $2.65 million in a transaction between local parties.
  • Buyer / Seller
    Place: 509 Second Ave. S., Hopkins Price: $2.65 million; no down payment listed; new mortgage Buyer: 509 Bananas LLC, Eden Prairie Seller: Creek Valley Properties, LLC, Edina Date: 8-12-26 Download CRV California investor pays $7.3M for Winona Hy-Vee Calabasas Capital, a boutique investment banking firm in Calabasas, California, has paid $7,317,257 for the 58,133-square-foot Hy-Vee retail store at 1475 W. Service Drive in Winona.

Article date: 2026-09-08T20:44:13+00:00

Quick answers

Who bought 509 Second Ave. S.?
509 Bananas LLC bought 509 Second Ave. S. in West & Southwest Suburbs, Minneapolis, according to Finance & Commerce.
How much did 509 Second Ave. S. sell for?
The reported price is $2.65M ($83 per SF, our calculation), per Finance & Commerce.
How big is 509 Second Ave. S.?
32,000 SF, as listed from the source.
When was this sale reported?
Reported Sep 8, 2026 by Finance & Commerce.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.