For Sale Commercial MLS# 6792840

407 Vermillion Street

Hastings, MN 55033

$325,000

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About 407 Vermillion Street

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.

Property details

Property

Type
commercial
MLS type
Commercial
Status
Active
Year built
1900
Lot
0.048
Original price
$325,000
MLS #
6792840

Interior

Features
Central Air, Window Unit(s), Forced Air
Heating
Forced Air
Cooling
Central Air, Window Unit(s)

Exterior & lot

Features
Stone, On-Street Parking Only
Construction
Other, Flat
Roof
Flat
Foundation
Other
Lot
193215029041, Office
Parking
On-Street Parking Only

Schools

District
Hastings Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Electric Separate, Heating Separate, Hot Water Separate
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$3,752
Tax year
2025
Parcel
193215029041

Location

Subdivision
Town Of Hastings
County
Dakota
Community
Dakota, City Street, Paved Streets, Sidewalks, Street Lights, northstar, Hastings
Directions
S on 61 (Great River Rd), building on the corner of 4th.

Location

Neighborhood
Town Of Hastings
School district
Hastings Public School District

Ask about this property

Questions on 407 Vermillion Street, Hastings, MN 55033, or want to see it in person?

Listed by Jado Hark, Compass

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.