Address
220 Sibley Street Hastings, MN
Price
$ 1,050,000
Property Attributes
- ID#6146422
- TypeCommercial
- CountyDAKOTA
- CityHastings
- AreaTown Of Hastings
- NeighborhoodTown Of Hastings
- Zip55033
- StyleOffice
- Year Built1922
- Taxes$ 8780
- Price$ 1,050,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage18642
- Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Lakes Area Realty
Data Source:
Northstar MLS (NSTAR)
Property Description
Presenting the historic Armory Building in downtown Hastings. This is an amazing opportunity to own a building that is central to all of the upcoming investments being made in the historic district of Hastings. If you are not familiar, the Confluence historic restoration project will include a hotel, event center and apartments 3 blocks away. This one-of-kind mixed-use building offers office, retail, and storage/workshop spaces with low vacancy and a variety of rental spaces. The property is situated on the corner of Sibley Street and Third Street and is only a block off Main Street, two blocks from the Mississippi River, and across the street from City Hall. The building exterior has been renovated and the windows have been replaced, all to historic district standards. Other improvements include two new furnaces, 2 new AC units, and a new roof in 2007. There is potential for a 6,000 square foot expansion on the upper floor with a 15-foot ceiling height.
| Price History | |
|---|---|
| 1/28/2022 | Listed $1,350,000 |
| 2/18/2022 | 8% - $1,250,000 |
| 4/25/2022 | 16% - $1,050,000 |
General Features
| Accessibility | None |
|---|---|
| Additional Parcels Y/N | No |
| Basement | Full, Storage Space, Partially Finished |
| City | Hastings |
| Construction Materials | Brick/Stone |
| Contingency | None |
| Cooling | Central Air |
| County | Dakota |
| Current Use | Commercial, Office |
| Days on Market | 123 |
| Directions | Highway 61 to 4th St E, east on 4th to Sibley St, north on Sibley St. to 3rd St. Building is on the northeast corner of 3rd St E and Sibley St. |
| Electric Expense | 6966 |
| Fuel Expense | 3476 |
| Garage Spaces | 5 |
| Heating | Forced Air |
| High School District | Hastings |
| Insurance Expense | 2107 |
| Lender Owned | No |
| Levels | Two |
| Maintenanceexpense | 3085 |
| Property SubType | Office |
| Property Type | Commercial Sale |
| Roof | Pitched, Asphalt, Age Over 8 Years |
| Sewer | City Sewer/Connected |
| Standard Status | Active |
| Street Name | Sibley |
| Subdivision Name | Town Of Hastings |
| Tax Annual Amount | 8780 |
| Tax Year | 2021 |
| Total Units | 15 |
| Trash Expense | 335 |
| Utilities | Heating Separate |
| Water Sewer Expense | 745 |
| Year Built | 1922 |
| Zoning Description | Business/Commercial |
Interior Features
| Ceiling Height | 11-15 |
|---|---|
| Fuel | Natural Gas |
| Street Suffix | Street |
| Unit Type | Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, One Room, Two Room, Three Room, Four Room, Five Room, Six Room, Seven Room |
Exterior Features
| Foundationarea | 8646 |
|---|---|
| Inclusions | Building, Land, Leases |
| Lot Dimensions | Irregular |
| Lot Features | Corner Lot |
| Lot Size Area | 0.28 |
| Lot Size Units | Acres |
| Parking Features | Tuckunder Garage |
| Road Frontage Type | City Street |
| Road Responsibility | Public Maintained Road |
| Water Source | City Water/Connected |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 55033
Price
Taxes
Visits
Year Built
Walkscore
