Anand Prashad, Broker
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.
Property Features
Property Type: Commercial - Retail
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Boiler, Forced Air
Lot Size: 0.20 Acres
Roof Type: Flat
Stories: 2.0
Taxes: $10,203
Year Built: 1957
Feature Descriptions
Basement: Daylight/Lookout Windows, Finished, Walkout
Current Use: Office, Retail
Days on Site: 9
Exterior: Concrete
Foundation Size: 4500
Handicap Accessible: Doors 36+, No Stairs External, Wheelchair Ramp(s)
Lot: Public Transit (w/in 6 blks), Corner Lot
Lot Dimensions: 84 x 147. 41 x 140
Parcel#: 193215013070
Parking: Asphalt, Guest Parking, Parking Lot, Unassigned
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, Highway
Sale Includes: Building, Fixture/Equipment
Sewer: City Sewer/Connected
Units: 6
Utilities: Heating Common, Hot Water Common
Water: City Water/Connected
Waterfront: River View
Local Schools
School District: Hastings
Listed By / Shown By
Listed By
Agency Name: Real Estate Parkway
Agency Phone: 651-330-7777
Shown By
Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty
TOUR PROPERTY
Choose a date and time to see 111 3rd Street E, Hastings, MN 55033.
An agent will get in touch to confirm your request shortly.
Near By
Print This Listingx
Select a format below, new window will open and will prompt you to print.
111 3rd Street E | MLS# 7131918
This commercial property located at 111 3rd Street E, Hastings, MN 55033 is currently listed for sale with an asking price of $899,900. 3rd Street E is located within the Hastings school district. Search Hastings real estate on aprashad.counselorrealty.com today.