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2137 Vermillion Street

Hastings, MN 55033
  • $429,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 6356321
UPDATED: 230 min ago
$429,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,080
    SQFT
  • $139
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1968
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of New Day Realty.

Description

Cash-Flowing, Turnkey investment/ office building! Step into these 4 generous office spaces (and attached 2BD/1BA rear residential rental), and be amazed ! This building has been updated w/in last 10 years, and it is in superb condition. Fully leased (monthly). Bright and sunny throughout - this polished, turn-key opportunity is ready for your professional presence. Spacious offices, pleasant spaces, upscale feel. Plenty of parking, on a very large lot (.67 ac). Rock-solid concrete construction top to bottom, clad in newer metal siding, newer metal roof, windows, heating. No supporting walls inside, so reconfiguring would be a breeze. Vacant City lot adjoins on the north -which could be available to the fortunate new owner. This expansive, fresh space is uncommon, and offers nearly limitless possibilities for the growing population in Hastings. Busy road frontage sees 35,000+ cars/day (free drive-by advertising included in sale!). Come view this one soon, your prosperous future awaits.

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty | Team Borchardt are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty | Team Borchardt is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty | Team Borchardt, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-02T00:23:04.073.

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www.borchardtrealty.com/homes/138878542
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2137 Vermillion Street Hastings, MN 55033

  • Price: $429,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 230 min ago
  • ID#: 6356321
0
Beds
0
Baths
0
½ Baths
0.67
Acres
3,080
SQFT
$139
$/SQFT
1968
Built
Neighborhood:
Town Of Vermillion
County:
Dakota
School District:
200 - Hastings
Property Description
Cash-Flowing, Turnkey investment/ office building! Step into these 4 generous office spaces (and attached 2BD/1BA rear residential rental), and be amazed ! This building has been updated w/in last 10 years, and it is in superb condition. Fully leased (monthly). Bright and sunny throughout - this polished, turn-key opportunity is ready for your professional presence. Spacious offices, pleasant spaces, upscale feel. Plenty of parking, on a very large lot (.67 ac). Rock-solid concrete construction top to bottom, clad in newer metal siding, newer metal roof, windows, heating. No supporting walls inside, so reconfiguring would be a breeze. Vacant City lot adjoins on the north -which could be available to the fortunate new owner. This expansive, fresh space is uncommon, and offers nearly limitless possibilities for the growing population in Hastings. Busy road frontage sees 35,000+ cars/day (free drive-by advertising included in sale!). Come view this one soon, your prosperous future awaits.
Exterior Features

Construction Materials Metal Siding Foundation Area 3180 Foundation Dimensions 30 X 106 Garage Dimensions 0 Garage Door Height 0 Garage Door Width 0 Garage Square Feet 0 Levels One Lot Features Tree Coverage - Light Lot Size Dimensions 330 X 88 Parking Features GravelGuest ParkingParking Lot Parking Open 14 Road Frontage Type City StreetPaved Streets Roof Metal Topography Level

Interior Features

Amenities Unit CableNatural WoodworkPaneled Doors Appliances RangeRefrigerator Basement None Cooling Central Air Heating Forced AirHot Water

Property Features

Accessibility Features No Stairs InternalPartially Wheelchair Additional Parcels YN No Assessment Pending No Contingency None Current Use Professional/OfficeResidential Electric Expense 1800 Expenses 7760.0000 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Fuel Expense 3310 Gross Income 30000 Inclusions BuildingLandLeasesRental License Internet Options CableDslFiber Optic Land Lease YN No Lender Owned No Maintenance Expense 0 Manager Expense 0 Net Operating Income 22240 Other Expense 0 Owner Pays GasWater Postal City Hastings Potential Short Sale No Property Sub Type Other Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 7048 Tax With Assessments 7048.0000 Tax Year 2022 Tenant Pays Cable TvElectricity Trash Expense 2000 Utilities Electric SeparateHeating CommonHot Water Separate Water Sewer Expense 650 Water Source City Water/Connected Zoning Description Business/CommercialOther

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of New Day Realty: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Realty | Team Borchardt are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Realty | Team Borchardt is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Realty | Team Borchardt, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-06-02T00:23:04.073.

Click here for Digital Millennium Copyright Act
 
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NorthstarMLS] logo Listing courtesy of New Day Realty.