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2324 Vermillion St 1,500 - 4,560 SF of Retail Space Available in Hastings, MN 55033
Highlights
- Prime location in Hastings’ main commercial corridor with direct frontage on Highway 61
- High visibility with traffic counts above 28,000 vehicles per day
- Flexible C-3 zoning that accommodates multiple uses including retail, office, and residential
- Recently upgraded interiors and building features with significant capital improvements
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,060 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
- Fully Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 4,560 SF of adjacent space
- Approximately 4,560 SF spread over two levels
- Open, adaptable floor plans
- Off-street parking for ease
2nd Floor
This 4,560 SF two-story building provides a flexible layout ideal for a wide range of retail, showroom, or mixed-use concepts. The property features off-street parking for convenient customer access, as well as a dock door on the upper level for added functionality. With daily traffic counts exceeding 28,000 vehicles, this space ensures strong visibility and accessibility.
- Can be combined with additional space(s) for up to 4,560 SF of adjacent space
- Approximately 4,560 SF spread over two levels
- Open, adaptable floor plans
- Dock door on the upper level
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 2324 Vermillion St, Hastings, MN 55033
- Tenant
- Description
- US Locations
- Reach
- Old Mill Pawn Shop
- Dollar/Variety/Thrift
- 1
- -
| Tenant | Description | US Locations | Reach |
| Old Mill Pawn Shop | Dollar/Variety/Thrift | 1 | - |
Property Facts
| Total Space Available | 4,560 SF | Gross Leasable Area | 4,560 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Freestanding | Parking Ratio | 2.49/1,000 SF |
| Total Space Available | 4,560 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,560 SF |
| Year Built | 1960 |
| Parking Ratio | 2.49/1,000 SF |
About the Property
2324 Vermillion Street is situated in Hastings, MN, along a primary commercial corridor with direct access to Highway 61. The property includes a two-story structure offering a total area of 4,560 SF and is positioned on a highly visible site with off-street parking. Located within a C-3 zoning designation, the property supports retail, office, or mixed-use applications. Traffic counts exceed 28,000 vehicles per day, providing significant drive-by exposure for businesses.
- Freeway Visibility
Nearby Major Retailers
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2324 Vermillion St
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