38
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$325,000
Est. payment /mo
2,090 Sqft Lot
Active
407 Vermillion ST Hastings, MN 55033
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Town Of Hastings
MLS Listing ID 6792840
Year Built 1900
Annual Tax Amount $3,752
Tax Year 2025
Contingent None
Lot Size 2,090 Sqft
Lot Dimensions Irregular
Property 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.
Location
State MN
County Dakota
Zoning Business/Commercial
Interior
Heating Forced Air
Cooling Central Air, Window Unit(s)
Inclusions Building, Land
Fireplace No
Exterior
Parking Features On-Street Parking Only
Pool None
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Flat
Present Use Office
Building
Foundation 3485
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Hastings
Listed by Jad Hark • Compass
NEARBY SCHOOL & BUSINESS
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