275 33rd St W - Storefront FOR SALE


Hastings, MN 55033
$1,900,000 USD
952-476-9400
275 33rd St W, Hastings, MN for Sale
$1,900,000 USD
Storefront - FOR SALE
1/6
null | 6.14% Cap Rate

275 33rd St W
Hastings, MN 55033


HIGHLIGHTS

  • Hybrid Retail/Storage Facility & Adjacent Pad Site For Sale
  • 16,800 SF Multi-Tenant Development
  • 1.45-AC Pad Site
  • Parking - 93 Surface Stalls
  • Great Small Investment Opportunity
  • Adjacent to Coborn's Grocery Store

OVERVIEW

HJ Development is marketing Hastings Crossroads Mall and the adjacent pad site for sale. The mall is a multi-tenant, hybrid retail/storage center, and the pad site (1.45-acres) is vacant. Located at the intersection of Red Wing Boulevard & 33rd Street West, the property is next to Coborn's grocery store. Current occupants include Snap Fitness and a VFW. The remaining mall consists of 59-card key access, climate controlled, self-storage units. Construction on a 160-unit, market rate, multi-family project for the 15-acres immediately to the west of the mall was completed in 2023. This is a great investment opportunity with the ability to purchase additional land adjacent to the mall. Financials available after signing a NDA. For more information please contact us directly.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

6.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crossroads Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

93

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C-4

APN/PARCEL ID

19-18402-01-030

ASK ABOUT THIS PROPERTY

Chris MoeHJ DevelopmentMore Info
952-476-9400

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Chris MoeHJ DevelopmentMore Info
952-476-9400

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