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About the Listing 200097 - 506015148,502053597
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.
Listing Highlights
Interior Details
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: City Water/Connected
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: Irregular
- Zoning: Business/Commercial
- Roof: Flat
- Others:
- Sewer: City Sewer/Connected
- Parking Features: On-Street Parking Only
Financial Details
- Tax Amount: $3,752
- Taxes w/Assessments: N/A
- Tax/Property ID: 193215029041
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
407 Vermillion St Hastings, MN 55033
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