407 Vermillion Street, Hastings, MN
$325,000
3,485
Square feet
0.05
Acres
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.
Features of 407 Vermillion Street
| MLS® # | 6792840 |
|---|---|
| Price | $325,000 |
| Square Footage | 3,485 |
| Acres | 0.05 |
| Year Built | 1900 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 407 Vermillion Street |
|---|---|
| Subdivision | Town Of Hastings |
| City | Hastings |
| County | Dakota |
| State | MN |
| Zip Code | 55033 |
Amenities
| Utilities | Electric Separate, Heating Separate, Hot Water Separate |
|---|---|
| Parking | On-Street Parking Only |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air, Window Unit(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Stone |
|---|---|
| Roof | Flat |
School Information
| District | Hastings |
|---|
Additional Information
| Zoning | Business/Commercial |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $3,752 |
| Tax Year | 2025 |
| Office | Compass |
Listing Details
| Office | Compass |
|---|