407 Vermillion Street Hastings, MN $ 325,000
407 Vermillion Street
$ 325,000
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407 Vermillion Street

Hastings, MN, 55033
$ 325,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,245

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Commercial Property for sale in Hastings, MN

for $325,000. This building was built in 1900 on a lot size of 0.048.

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.

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 3,752

Style

Lot Size

0.048

Year Built

1900

Town/City

Hastings

County/Region

Dakota

MLS | Web ID

6792840

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air Window Unit(s)
Utilities Electric Separate Heating Separate Hot Water Separate
Roof Flat
Garage Spaces 0
Pool Features None
Year Built 1900
Tax Year 2025
Current Use Office
Accessibility None
County Dakota
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Town Of Hastings
Directions S on 61 (Great River Rd) building on the corner of 4th.
City Hastings
High School District Hastings
Zoning Description Business/Commercial
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 3752
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features On-Street Parking Only
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.048
Lot Dimensions Irregular
Waterfront Y/N N
Foundation Area 3485
Road Frontage Type City Street Paved Streets Sidewalks Street Lights
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Interior
Basement (Y/N) N
Fuel Natural Gas
Garage Square Feet 0
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Internal Only
Street Number 1 407
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* Excluded Features
List By
Compass

Broker

jado.hark@compass.com

Email

Affordability Calculator

$2,557
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$313
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708306 Elementary School
708351 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2025$325,000 Listed Price

Map


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407 Vermillion Street, Hastings, MN, 55033 is a Commercial Property for sale at $325,000 with a lot size of 0.048. 407 Vermillion Street was built in 1900. The property's zip code is 55033 which is in Hastings, MN