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2324 Vermillion St 4,560 SF Vacant Retail Building Hastings, MN 55033 $395,000 ($86.62/SF)
Investment Highlights
- Prime location in Hastings’ main commercial corridor with direct frontage on Highway 61
- High visibility with traffic counts above 28,000 vehicles per day
- Flexible C-3 zoning that accommodates multiple uses including retail, office, and residential
- Recently upgraded interiors and building features with significant capital improvements
Executive Summary
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
Amenities
- Freeway Visibility
Space Availability
- Space
- Size
- Space Use
- Position
- Available
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,060 SF | Retail | - | Now |
| 2nd Floor | 1,500 SF | Retail | - | Now |
1st Floor
| Size |
| 3,060 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 1,500 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,060 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
2nd Floor
| Size | 1,500 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-81700-05-050 | Improvements Assessment | $186,100 |
| Land Assessment | $73,900 | Total Assessment | $260,000 |
Property Taxes
Contact the Sale Advisor
2324 Vermillion St