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Hastings Tavern 111 E 3rd St 8,754 SF Office Building Hastings, MN 55033 $899,900 ($102.80/SF)
Investment Highlights
- Located right downtown off of Highway 61 and 3rd Street
- Average of 30,000 cars pass per day
- Great visibility
- 17 parking spots - more than any other business downtown
- Brand new hotel one block away
Executive Summary
* 6 Unit - Commercial Brick Building 8754 sft, lot, equipment, and 17 parking spaces included.
* 30K DOT per day, on HWY 61 Frontage Downtown Hastings
* LEASE or SALE
* Was built as a Bank, could be again vault in basement
* Owner financing options are available.
* 30K DOT per day, on HWY 61 Frontage Downtown Hastings
* LEASE or SALE
* Was built as a Bank, could be again vault in basement
* Owner financing options are available.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
8,754 SF
Building Class
C
Year Built/Renovated
1957/2022
Price
$899,900
Price Per SF
$102.80
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,377 SF
Slab To Slab
12’
Building FAR
1.00
Lot Size
0.20 AC
Zoning
C - Commercial
Parking
10 Spaces (1.14 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
1 1
Property Taxes
| Parcel Number | 19-32150-13-070 | Improvements Assessment | $256,400 (2024) |
| Land Assessment | $127,400 (2024) | Total Assessment | $383,800 (2024) |
Property Taxes
Parcel Number
19-32150-13-070
Land Assessment
$127,400 (2024)
Improvements Assessment
$256,400 (2024)
Total Assessment
$383,800 (2024)
Contact
-
Tracy Nelson -
Real Estate Parkway
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Hastings Tavern | 111 E 3rd St
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