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2324 Vermillion St 4,560 SF 100% Leased Retail Building Hastings, MN 55033 $538,875 CAD ($118.17 CAD/SF)
Executive Summary
Discover an exceptional retail investment or owner-user opportunity located in the heart of Hastings, MN. This property features a spacious 4,560 SF building ideally suited for retail or mixed-use, offering versatile space for a range of businesses plus possible housing upstairs! Upper level loading dock offers a unique amenity to a retailer or other service provider.
With a prime location on Vermillion Street (Highway 61) and a zoning designation of C-3, this property presents an advantageous investment for commercial real estate entrepreneurs seeking a high-traffic, commercial hub.
Built in 1960, and updated over the past two years, with over $125,000+ in improvements, this building boasts an amazing canvas for the next buyer. Seller Financing will be considered!
Call/Text Chad (612.963.5147) or William (651.216.6814) for more details and to see the property!
With a prime location on Vermillion Street (Highway 61) and a zoning designation of C-3, this property presents an advantageous investment for commercial real estate entrepreneurs seeking a high-traffic, commercial hub.
Built in 1960, and updated over the past two years, with over $125,000+ in improvements, this building boasts an amazing canvas for the next buyer. Seller Financing will be considered!
Call/Text Chad (612.963.5147) or William (651.216.6814) for more details and to see the property!
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,560 SF
Building Class
B
Year Built
1960
Price
$538,875 CAD
Price Per SF
$118.17 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.52
Lot Size
0.20 AC
Zoning
Commercial
Parking
10 Spaces (2.49 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-81700-05-050 | Improvements Assessment | $240,516 CAD |
| Land Assessment | $98,362 CAD | Total Assessment | $338,877 CAD |
Property Taxes
Parcel Number
19-81700-05-050
Land Assessment
$98,362 CAD
Improvements Assessment
$240,516 CAD
Total Assessment
$338,877 CAD
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2324 Vermillion St
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