Your email has been sent.
100 Sibley St 6,000 SF of Retail Space Available in Hastings, MN 55033
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,000 SF | Negotiable | $20.59 CAD/SF/YR $1.72 CAD/SF/MO $123,568 CAD/YR $10,297 CAD/MO | Triple Net (NNN) |
1st Floor
Rare restaurant opportunity in the heart of historic downtown Hastings. This two-level building, originally constructed in 1900, offers approximately 6,000 square feet available for lease or for sale and is well suited for a restaurant, catering operation, or retail concept. The property features two full kitchens—one on each floor—creating an ideal setup for food service, catering, or private events. The second floor provides additional dining or event space with scenic views of the Mississippi River Valley, offering a unique atmosphere for guests. Ample parking is conveniently located directly across the street in a city-owned lot, making access easy for customers and staff. Flexible terms include a lease-to-own option, presenting an excellent opportunity for an operator seeking to establish their business with the potential for future ownership. Lease - Delivery Condition • As-Is, with the following Landlord improvements prior to tenant occupancy: • Upgrade of the existing lift from the first floor to the second floor; approved by the state inspector. • Installation of new HVAC units for the first-floor space. • Installation of new ceiling grid in the first-floor kitchen. • Exterior painting and associated improvements of alley wall. • Walk-In coolers shall be in working condition upon Tenant Delivery. • Other Landlord work per City-approved permit drawings dated January 8, 2025.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 100 Sibley St, Hastings, MN 55033
- Tenant
- Description
- US Locations
- Reach
- Levee Cafe
- Restaurant
- 1
- -
- Michael Agen
- Public Administration
- 1
- -
- The Onion Grille
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Levee Cafe | Restaurant | 1 | - |
| Michael Agen | Public Administration | 1 | - |
| The Onion Grille | Restaurant | 1 | - |
Property Facts
| Total Space Available | 6,000 SF | Gross Leasable Area | 8,712 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant |
| Total Space Available | 6,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,712 SF |
| Year Built | 1900 |
About the Property
Rare restaurant opportunity in the heart of historic downtown Hastings. This two-level building, originally constructed in 1900, offers approximately 6,000 square feet available for lease or for sale and is well suited for a restaurant, catering operation, or retail concept. The property features two full kitchens—one on each floor—creating an ideal setup for food service, catering, or private events. The second floor provides additional dining or event space with scenic views of the Mississippi River Valley, offering a unique atmosphere for guests. Ample parking is conveniently located directly across the street in a city-owned lot, making access easy for customers and staff. Flexible terms include a lease-to-own option, presenting an excellent opportunity for an operator seeking to establish their business with the potential for future ownership. Lease - Delivery Condition • As-Is, with the following Landlord improvements prior to tenant occupancy: • Upgrade of the existing lift from the first floor to the second floor; approved by the state inspector. • Installation of new HVAC units for the first-floor space. • Installation of new ceiling grid in the first-floor kitchen. • Exterior painting and associated improvements of alley wall. • Walk-In coolers shall be in working condition upon Tenant Delivery. • Other Landlord work per City-approved permit drawings dated January 8, 2025.
- Signage
Nearby Major Retailers
Presented by
100 Sibley St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.