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Active
$750,000
/mo Edit
Commercial:  2 Stories
Built 1900
0.075 acres
MLS# 7037679
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    Property Description

    Rare restaurant opportunity in the heart of historic downtown Hastings. This two-level building, originally constructed in 1900, offers approximately 6, 000 square feet available for lease or for sale and is well suited for a restaurant, catering operation, or retail concept. The property features two full kitchens—one on each floor—creating an ideal setup for food service, catering, or private events. The second floor provides additional dining or event space with scenic views of the Mississippi River Valley, offering a unique atmosphere for guests. Ample parking is conveniently located directly across the street in a city-owned lot, making access easy for customers and staff. Flexible terms include a lease-to-own option, presenting an excellent opportunity for an operator seeking to establish their business with the potential for future ownership.

    Listing

    Contingency: None
    City: Hastings
    County: Dakota
    State: MN
    Property Style: 2 Stories
    Zip Code: 55033
    Subdivision Name: Town Of Hastings

    Interior

    Flooring: Carpet, Tile
    Basement Details:
    • Storage Space
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Air Conditioning: Central Air
    Foundation Size: 9,900 ft2
    Fencing: None
    Handicap Accessible: Other
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features: On-Street Parking Only
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights

    Lake & Waterfront

    Waterfront View: River

    Lot & Land

    Acres: 0.075
    Geolocation: 44.744782, -92.851498
    Inclusions: Building
    Lot Dimensions: 65 x 50
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 978
    District Phone: 6514807002

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $12,084
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $12,348

    Units

    Total Units: 1

    Miscellaneous

    Current Use: Restaurant
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Common
    • Heating Common
    Water System: City Water/Connected

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    Payment:  /mo

    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!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.