407 Vermillion Street, Hastings, Minnesota 55033

MN, Hastings
$325,000
  • Commercial Sale Property Type
  • 1900 Year Built
  • Active Status
See All 38 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6792840
  • Price: $325,000
  • Year Built: 1900
  • Listing Status: Active
  • Office Name: Compass
  • Property Sub Type: Apartment
  • Roof: Flat
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Cooling System Central Air,Window Unit(s)
  • Parking On-Street Parking Only
  • Utilities Electric Separate,Heating Separate,Hot Water Separate
  • Exterior Features Stone
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Dakota
  • City Hastings
  • Zipcode 55033
  • Street: Vermillion
  • Street Number: 407
  • Street Suffix: Street
  • Longitude: W93° 8' 52.4''
  • Latitude: N44° 44' 30.7''
  • Directions: S on 61 (Great River Rd), building on the corner of 4th.
Neighborhood
  • High School District: Hastings
MLS Addon
  • Office Name: Compass
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3485
  • Current Use: Office
  • Foundation Details: Other
  • Lot Size Dimensions: Irregular
  • Number Of Units Total: 3
Financial
  • Tax Annual Amount: 3752
Listing Information
  • Co List Agent Mls Id: 502053597
  • Co List Office Mls Id: 200097
  • Co List Office Name: Compass
  • List Agent Mls Id: 506015148
  • List Office Mls Id: 200097
  • Modification Timestamp: 2026-09-08T20:51:07Z
  • Originating System Name: NorthStar
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