For Sale: Hastings MLS# 6792840
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Property Description
Excellent investment and business opportunity in Hastings! This mixed-use property offers prime visibility on high-traffic Vermillion Street, providing outstanding exposure for a variety of business uses. The main-level commercial space is currently vacant and has been extensively renovated with new electrical, ceilings, lighting, flooring, fresh paint, and updated interior finishes, making it move-in ready for an owner-occupant or new tenant. The building also includes a leased two-bedroom apartment and a leased studio unit, creating immediate rental income. All residential tenants are currently on flexible month-to-month leases, offering additional flexibility for future plans. Conveniently located near downtown Hastings, the riverfront, restaurants, and local businesses. Property is being sold as-is.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$325,000
Property Type:
Commercial
City:
Hastings
Garage Spaces:
0
County:
Dakota
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
55033
Subdivision Name:
Town Of Hastings
Exterior
Garage Spaces:
0
Air Conditioning:
Central Air, Window Unit(s)
Foundation Size:
3,485 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Street Lights
Pool:
None
Roof Details:
Flat
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.048
Geolocation:
44.741862, -92.852107
Inclusions:
Building, Land
Lot Dimensions:
Irregular
Zoning:
Business/Commercial
Schools
School District:
200
District Phone:
6514807002
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$3,752
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,752
Units
Total Units:
3
Miscellaneous
Current Use:
Office
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Compass.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.