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$899,900

0 Beds 6 Baths 8,320 SQFT 0.20 Acres
Type: Commercial

111 3rd Street E
Hastings, MN 55033

MLS#: 7131918
Bill Ebert
Bill Ebert
The Real Estate Advantage
Phone: 651.276.9396
Office: 651.272.4688
Presented by: Real Estate Parkway

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms0

Bathrooms

Total Baths6

Other Interior Features

BasementDaylight/Lookout Windows, Finished, Walkout
Basement (Y/N)Yes
Foundation Dimensions40 x 140
FuelNatural Gas
Garage Dimensions0
Garage Door Width0 sqft
Garage Square Feet0
Waterfront Feet0

General

AccessibilityDoors 36 +, No Stairs External, Wheelchair Ramp(s)
Additional Parcels Y/NNo
Amenities UnitCity View
Carport Spaces0
CityHastings
Construction MaterialsConcrete
ContingencyNone
CoolingCentral Air
CountyDakota
Current UseOffice, Retail
DirectionsFrom 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.
Garage Spaces0
Gross Income0
HeatingBoiler, Forced Air
High School DistrictHastings
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total6
Possible UseOffice, Professional Service, Rest/Lounge, Retail, Lounge/Bar
PostalCityHastings
Property TypeCommercial Sale
RoofFlat
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTown Of Hastings
Tax Annual Amount$10,203
Tax Year2026
TopographyWalkout
UtilitiesHeating Common, Hot Water Common
Waterfront FeaturesRiver View
Year Built1957
Zoning DescriptionBusiness/Commercial

Exterior

Building Area Total8,320 sqft
Foundation Area4,500 sqft
InclusionsBuilding, Fixture/Equipment
Lot Dimensions84 x 147. 41 x 140
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot
Lot Size Area0 sqft
Parking FeaturesAsphalt, Guest Parking, Parking Lot, Unassigned
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, Highway
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$899,900

0 Beds 6 Baths 8,320 SQFT 0.20 Acres
Type: Commercial

111 3rd Street E
Hastings, MN 55033

MLS#: 7131918
Bill Ebert
Bill Ebert
The Real Estate Advantage
Phone: 651.276.9396
Office: 651.272.4688