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2324 Vermillion St 4,560 SF 100% Leased Retail Building Hastings, MN 55033 $415,000 ($91.01/SF)
Executive Summary
Discover an exceptional retail investment or owner-user opportunity located in the heart of Hastings, MN. This property features a spacious 4,560 SF building ideally suited for retail or mixed-use, offering versatile space for a range of businesses plus possible housing upstairs! Upper level loading dock offers a unique amenity to a retailer or other service provider.
With a prime location on Vermillion Street (Highway 61) and a zoning designation of C-3, this property presents an advantageous investment for commercial real estate entrepreneurs seeking a high-traffic, commercial hub.
Built in 1960, and updated over the past two years, with over $125,000+ in improvements, this building boasts an amazing canvas for the next buyer. Seller Financing will be considered!
Call/Text Chad (612.963.5147) or William (651.216.6814) for more details and to see the property!
With a prime location on Vermillion Street (Highway 61) and a zoning designation of C-3, this property presents an advantageous investment for commercial real estate entrepreneurs seeking a high-traffic, commercial hub.
Built in 1960, and updated over the past two years, with over $125,000+ in improvements, this building boasts an amazing canvas for the next buyer. Seller Financing will be considered!
Call/Text Chad (612.963.5147) or William (651.216.6814) for more details and to see the property!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,560 SF
Building Class
B
Year Built
1960
Price
$415,000
Price Per SF
$91.01
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.52
Lot Size
0.20 AC
Zoning
Commercial
Parking
10 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-81700-05-050 | Improvements Assessment | $176,300 |
| Land Assessment | $72,100 | Total Assessment | $248,400 |
Property Taxes
Parcel Number
19-81700-05-050
Land Assessment
$72,100
Improvements Assessment
$176,300
Total Assessment
$248,400
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2324 Vermillion St
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