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$ 310,000
Est. payment /mo
Active
407 Vermillion ST Hastings, MN 55033
2,090 Sqft Lot
UPDATED:
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
Mixed-use investment opportunity on Vermillion Street in Hastings with strong traffic visibility. The property features a commercial storefront and two upper-level apartments, including a studio and a two-bedroom unit. A newly signed three-year lease on the commercial space adds stability to the property's income potential. The renovated storefront features updated electrical, ceilings, lighting, flooring, walls, and fresh paint. An unfinished basement provides additional storage space. See supplements for financial information, current rent roll, and lease details.
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