For Sale Commercial MLS# 7131918

111 3rd Street E

Hastings, MN 55033

$899,900

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About 111 3rd Street E

Prime downtown Hastings commercial investment opportunity! This 8,320 sq ft, 6-unit commercial building offers exceptional Hwy 61 frontage at the base of the iconic Hastings Bridge in the heart of the downtown business district. Originally built as a bank, this solidly constructed property offers a unique and flexible layout for an owner-user, investor or redevelopment opportunity. The upper level is currently configured with a tavern, prep kitchen, walk-in cooler, four additional office/commercial spaces with separate street entrances and two restrooms. The lower level is currently used as a liquor store and includes four coolers, five additional rooms and multi-stall restrooms. Original bank vault doors remain in place, adding unique character and history. Excellent visibility, multiple-use potential and a highly desirable downtown location. Showings approved with proof of funds or a financial qualification letter and available between 2-6 PM.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1957
Stories
Two
Living area
8,320 sqft
Price / sqft
$108
Lot
0.201
Original price
$899,900
MLS #
7131918

Interior

Features
Central Air, Boiler, Forced Air, Daylight/Lookout Windows, Finished, Walkout, Concrete Slab
Flooring
Concrete Slab
Heating
Boiler, Forced Air
Cooling
Central Air

Exterior & lot

Features
Stone, Stucco, Asphalt, Guest Parking, Parking Lot, Unassigned
Construction
Two, Block, Brick/Mortar, Flat
Roof
Flat
Foundation
Block, Brick/Mortar
Lot
193215013070, Walkout, 0, Office, Retail
Waterfront
River View
Parking
Asphalt, Guest Parking, Parking Lot, Unassigned

Schools

District
Hastings Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Heating Common, Hot Water Common
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$10,203
Tax year
2026
Parcel
193215013070

Location

Subdivision
Town Of Hastings
County
Dakota
Community
Dakota, City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, Highway, northstar, Hastings
Directions
From Twin Cities - Hwy 61 to the bottom of the bridge take a rt, quick rt and another rt under bridge to 111 3rd Street E.

Location

Neighborhood
Town Of Hastings
School district
Hastings Public School District

Ask about this property

Questions on 111 3rd Street E, Hastings, MN 55033, or want to see it in person?

Listed by Tracy Nelson, Real Estate Parkway

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.