Banks /MN /Dakota County /Hastings /1309 Vermillion St
Banks /MN /Dakota County /Hastings /1309 Vermillion St

1309 Vermillion St - Bank FOR SALE


Hastings, MN 55033- Downtown Hastings | 
$1,350,000 USD
866-889-0550
1309 Vermillion St, Hastings, MN for Sale
$1,350,000 USD
Bank - FOR SALE
1/4
null | 8.89% Cap Rate
VIEW MAP
GET DIRECTIONS

1309 Vermillion St
Hastings, MN 55033
Downtown Hastings

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Second Generation Restaurant with full kitchen and drive thru
  • High visibility with over ±32,000 vehicles per day
  • Building was originally a bank. Extensively renovated into a restaurant in 2020
  • Leased for 5 years, Landlord/owner has option terminate lease

OVERVIEW

Broker of Record Kurt Sauer License No. 40841922 (MN)

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

8.89%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

C

APN/PARCEL ID

19-77300-04-191

ASK ABOUT THIS PROPERTY

Kurt SauerMatthews Real Estate Investment ServicesMore Info
866-889-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kurt SauerMatthews Real Estate Investment ServicesMore Info
866-889-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.