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Active
$799,900
/mo Edit
Commercial:  Other
Built 1957
0.2 acres
Hastings schools
MLS# 6479138
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    Property Description

    BIG Opportunity by the River! 111 3rd Street in Hastings featuring Hastings Tavern and Alley Cat Liquors are now available! Owner Occupied - Both businesses cash flow, Liquor store is one year new! Both building and businesses package for List price or businesses for $200k with lease back. Kitchen serves soup/sandwiches no vent hood currently. Features - 6 Units include Tavern, 4 Offices and Liquor store on alley. 17 Parking spaces on 3 sides of building! Convenient location with MN DOT - 30k cars per day right out the front door. EASY access from cities - 3 rights after the bridge and you are parked! Seller financing options available. Only 1 block to River with Iconic Hasting Bridge view! SOLID structure - Building used to be a Bank, Vault is still in basement.

    Listing

    Contingency: None
    City: Hastings
    County: Dakota
    State: MN
    Property Style: Other
    Zip Code: 55033
    Subdivision Name: Town Of Hastings

    Interior

    Ceiling Height: 16-20
    Refrigerators: Two
    Appliances Included:
    • Dishwasher
    • Dryer
    • Freezer
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Wine Cooler

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 17
    Air Conditioning: Central Air
    Foundation Size: 4,392 ft2
    Foundation Dimensions: 101 x 43
    Handicap Accessible: Door Lever Handles, No Stairs External
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features: Parking Lot
    Shared Amenities:
    • Concrete Floors & Walls
    • Fire Sprinkler System
    Unit Amenities:
    • City View
    • Panoramic View
    • Patio
    Road Frontage:
    • City Street
    • Curbs
    • Highway
    • Sidewalks
    • Storm Sewer
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Rubber

    Lot & Land

    Acres: 0.2
    Geolocation: 44.74358600, -92.85187500
    Inclusions: Building, Business, Fixture/Equipment
    Lot Dimensions: 85 x 147
    Zoning: Business/Commercial
    Lot Description: Corner Lot

    Schools

    School District: 200
    District Phone: 651-480-7002

    Expenses

    Annual Insurance Expense: $6,400

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $9,299
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $10,670

    Units

    Total Units: 6

    Miscellaneous

    Current Use:
    • Bar/Tavern
    • Commercial
    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer - In Street
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water - In Street

    Mortgage Calculator

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    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    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.