For Sale: Hastings MLS# 7131918
Active
NEW!
$899,900
Commercial: 2 Stories
6 ba • Built 1957
0.201 acres
Hastings schools
MLS# 7131918
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Property Description
Prime downtown Hastings commercial investment opportunity! This 8, 320 sq ft, 6-unit commercial building offers exceptional Hwy 61 frontage at the base of the iconic Hastings Bridge in the heart of the downtown business district. Originally built as a bank, this solidly constructed property offers a unique and flexible layout for an owner-user, investor or redevelopment opportunity. The upper level is currently configured with a tavern, prep kitchen, walk-in cooler, four additional office/commercial spaces with separate street entrances and two restrooms. The lower level is currently used as a liquor store and includes four coolers, five additional rooms and multi-stall restrooms. Original bank vault doors remain in place, adding unique character and history. Excellent visibility, multiple-use potential and a highly desirable downtown location. Showings approved with proof of funds or a financial qualification letter and available between 2-6 PM.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Hastings
Garage Spaces:
0
County:
Dakota
Year Built:
1957
State:
MN
Property Style:
2 Stories
Zip Code:
55033
Subdivision Name:
Town Of Hastings
Interior
Bedrooms:
0
Bathrooms:
6
Flooring:
Concrete Slab
Refrigerators:
Four
Basement Details:
- Daylight/Lookout Windows
- Finished
- Walkout
Exterior
Stories:
Two
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Air Conditioning:
Central Air
Foundation Size:
4,500 ft2
Foundation Dimensions:
40 x 140
Handicap Accessible:
Doors 36"+, No Stairs External, Wheelchair Ramp(s)
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Forced Air
Parking Features:
- Asphalt
- Guest Parking
- Parking Lot
- Unassigned
Unit Amenities:
City View
Road Frontage:
- City Street
- Curbs
- Highway
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Concrete
Roof Details:
Flat
Lake & Waterfront
Waterfront Present:
N
WF Frontage:
0
Waterfront:
River View
Lot & Land
Acres:
0.201
Geolocation:
44.743564, -92.85187
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
84 x 147. 41 x 140
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
Farm
Topography:
Walkout
Schools
School District:
200
District Phone:
6514807002
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,203
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,454
Income
Annual Gross Income:
None
Units
Total Units:
6
Miscellaneous
Current Use:
- Office
- Retail
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
Power Company Name:
Dakota Electric Association
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Real Estate Parkway.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.