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2128 Vermillion St 2,800 SF Retail Building Hastings, MN 55033 $888,000 ($317.14/SF)
INVESTMENT HIGHLIGHTS
- Great Visibility
- Heavy Parking, oversized lot
- Ability to Expand
EXECUTIVE SUMMARY
Great auto or retail building, approved for any type of auto use. Currently a dealership, could be a body shop or service building. Could otherwise be some sort of specialty use or showroom type use. .5 acre over sized lot, building could otherwise be expanded or has heavy parking, convenience store, service or other retail.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$11,279
|
$4.03
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,279
|
$4.03
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $11,279 |
| Annual Per SF | $4.03 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,279 |
| Annual Per SF | $4.03 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
2,800 SF
Building Class
C
Year Built
1981
Price
$888,000
Price Per SF
$317.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.50 AC
Frontage
50’ on Vermillion street
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-81700-03-050 | Total Assessment | $440,200 (2024) |
| Land Assessment | $199,700 (2024) | Annual Taxes | $11,279 ($4.03/SF) |
| Improvements Assessment | $240,500 (2024) | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
19-81700-03-050
Land Assessment
$199,700 (2024)
Improvements Assessment
$240,500 (2024)
Total Assessment
$440,200 (2024)
Annual Taxes
$11,279 ($4.03/SF)
Tax Year
2025 Payable 2025
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2128 Vermillion St
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