407 Vermillion Street,Hastings, MN 55033
Hastings, MN 55033
Description
Excellent investment and business opportunity in Hastings! This mixed-use property offers prime visibility on high-traffic Vermillion Street, providing outstanding exposure for a variety of business uses. The main-level commercial space is currently vacant and has been extensively renovated with new electrical, ceilings, lighting, flooring, fresh paint, and updated interior finishes, making it move-in ready for an owner-occupant or new tenant. The building also includes a leased two-bedroom apartment and a leased studio unit, creating immediate rental income. All residential tenants are currently on flexible month-to-month leases, offering additional flexibility for future plans. Conveniently located near downtown Hastings, the riverfront, restaurants, and local businesses. Property is being sold as-is.
Details
| MLS # | 6792840 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 313 |
| Listing Provided By | Compass | Jado Hark |
Features
| Units | 3 |
|---|---|
| Zoning | Business/Commercial |
| Acreage | 0.05 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Heating | Forced Air |
Exterior
| Roof | Flat |
|---|
Parking
| Parking Features | On-Street Parking Only |
|---|
Utilities
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|
Taxes
| Property | 3752 |
|---|
Area Information
| State | MN |
|---|---|
| County | Dakota |
| City | Hastings |
| Zip Code | 55033 |
| Community Name | Town Of Hastings |
| School District | 200 |
| High School | Hastings |
| Listing VS Median (in Town Of Hastings) | |
Price: $325,000 low | high Med: $264,900 On site: 313 low | high Med: 38 | |
Market Activity 55033
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Dakota |
| City | Hastings |
| Zip Code | 55033 |
| Community Name | Town Of Hastings |
| School District | 200 |
| High School | Hastings |
| Listing VS Median (in Town Of Hastings) | |
Price: $325,000 low | high Med: $264,900 On site: 313 low | high Med: 38 | |
