For Sale: Hastings MLS# 7020705
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Property Description
Unlock the potential of this versatile, fully-renovated "gateway" property perfectly positioned on the high-traffic Highway 61 corridor, where over 25, 000 vehicles pass daily. This isn't just a retail building; it’s a strategic asset featuring a unique dual-level layout that includes 3, 060 SF of main-floor showroom space and a 1, 500 SF upper level equipped with a rare loading dock. With over $125, 000 in recent high-end improvements—including a new roof, updated windows, and a fresh interior "blank canvas"—this standalone gem is primed for an owner-user or savvy investor to move in and start operating immediately.
The flexible C-3 zoning and "mixed-use" designation open the door to a wide array of high-demand business ventures in the heart of Hastings. Imagine a boutique showroom that utilizes the upper level for seamless inventory management, a specialized service provider taking advantage of the affluent $110, 000+ average household income, or even a creative "live-work" concept with potential housing upstairs. Whether you are launching a flagship artisanal market or establishing a professional firm in a high-visibility hub, the added incentive of considered seller financing makes this the most accessible and exciting commercial opportunity on the market today.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$410,000
Property Type:
Commercial
City:
Hastings
Garage Spaces:
1
County:
Dakota
Year Built:
1960
State:
MN
Property Style:
1 Story
Zip Code:
55033
Subdivision Name:
Town Of Vermillion
Exterior
Stories:
One
Garage Spaces:
1
Foundation Size:
3,060 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Paved Lot
Lot & Land
Acres:
0.2
Geolocation:
44.720655, -92.850274
Inclusions:
Building, Land
Lot Dimensions:
67 x 126 x 66 x 138
Zoning:
Business/Commercial
Schools
School District:
978
District Phone:
6514807002
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$5,634
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$6,294
Units
Total Units:
1
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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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 Keller Williams Premier Realty.
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.