For Sale: Hastings MLS# 7161893
Active
NEW!
$750,000
Commercial: 1 Story
4 ba • Built 1946
0.285 acres
Hastings schools
MLS# 7161893
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Property Description
NNN Lease in place for 10 years. Plug and play investment producing solid income in an amazing downtown Hastings location! NO SHOWINGS UNLESS ACCOMPANIED BY AN AGENT. DO NOT DISTURB THE BUSINESS THAT IS CURRENTLY OPERATING IN THE BUILDING, UNLESS YOU PLAN TO DINE THERE!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$750,000
Property Type:
Commercial
City:
Hastings
Garage Spaces:
0
County:
Dakota
Year Built:
1946
State:
MN
Property Style:
1 Story
Zip Code:
55033
Subdivision Name:
Town Of Hastings
Interior
Bedrooms:
0
Bathrooms:
4
Ceiling Height:
8-10
Basement Details:
- Block
- Owner Access
- Partial
Exterior
Stories:
One
Garage Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
8,166 ft2
Foundation Dimensions:
84x89
Fencing:
None
Handicap Accessible:
No Stairs External, No Stairs Internal
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Parking Lot
- Paved Lot
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
Block
Roof Details:
Age Over 8 Years
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.285
Geolocation:
44.744004, -92.848999
Inclusions:
Building
Lot Dimensions:
140 x 89
Zoning:
Business/Commercial
Lot Description:
- Corner Lot
- Underground Utilities
Farm
Topography:
Level
Schools
School District:
200
District Phone:
6514807002
Expenses
Tenant Expenses:
All Utilities, Exterior Maintenance, HVAC Maintenance, Insurance, Janitorial Service, Maintenance, Repairs, Roof, See Remarks
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$11,388
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,388
Income
Annual Gross Income:
$62,400
Rent
Annual Net Income:
$62,400
Units
Total Units:
1
Miscellaneous
Current Use:
- Event Space
- Food Service
- Restaurant
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
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 Select 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.