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1309 Vermillion St
Hastings, MN 55033
1309 VERMILLION ST · Retail Property For Sale
Investment Highlights
- Opportunity for Investor or Occupier
- Remodeled in 2021 – 2nd Gen restaurant, 24’ Hood, Kitchen Equipment comes with sale
- Tenant has 5 year lease with Landlord right to terminate w/ 60 day notice
- High visibility on Vermillion Dr in Hastings with 27,900 vehicles/day
- Currently Leased for 5 years with Landlord option to vacate within 60 days
- Landlord responsibilities – Roof, parking lot, and HVAC equipment
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
8,000 SF
Building Class
C
Year Built
1979
Tenancy
Single
Building Height
2 Stories
Building FAR
0.17
Lot Size
1.09 AC
Zoning
C-3 - Community Regional Commerce
Parking
75 Spaces (16.59 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Property Taxes
| Parcel Number | 19-77300-04-191 | Improvements Assessment | $223,400 |
| Land Assessment | $455,100 | Total Assessment | $678,500 |
Property Taxes
Parcel Number
19-77300-04-191
Land Assessment
$455,100
Improvements Assessment
$223,400
Total Assessment
$678,500
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