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    Hastings, MN
    Conventional Restaurant

    Hastings, MN Conventional Restaurants for Sale

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    Prescott, WI Cottage Grove, MN Afton, MN Grey Cloud Island, MN Saint Paul Park, MN Inver Grove Heights, MN Rosemount, MN Woodbury, MN
    Leased Restaurant with Long-Term Options
    Updated: Jul 22
    Leased Restaurant with Long-Term Options

    2000 Vermillion St, Hastings, MN 55033

    $1,994,000
    Restaurant property built in 1996
    Approximately 2 years remaining on the primary lease
    Four additional 5‑year renewal options for potential long‑term extension
    Rent increases at the start of each option period: greater of 10% or 95% of FMV
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hastings, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant with Fully Equipped Kitchen
    Turnkey Restaurant with Fully Equipped Kitchen

    1010 Payne Avenue, Saint Paul, MN 55130

    $185,000
    5,450 sqft

    Business-only sale offering a spacious dining area and a fully equipped kitchen, ready for immediate operation.

    View details
    Turnkey Restaurant Building with Parking
    Turnkey Restaurant Building with Parking

    1919 Riverside Avenue, Minneapolis, MN 55454

    Contact for pricing
    3,720 sqft 0.36 AC lot

    Turnkey restaurant building in C1 Small Scale Commercial with walk-in refrigerators, ADA restrooms, and 21 parking spaces.

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    Turnkey Restaurant Opportunity
    Turnkey Restaurant Opportunity

    1024 E 38th St, Minneapolis, MN 55407

    Contact for pricing
    2,300 sqft

    Fully built-out restaurant for sale in Minneapolis.

    View details
    Turn-Key Asian Restaurant With Kitchen
    Turn-Key Asian Restaurant With Kitchen

    520 White Bear Ave N, Saint Paul, MN 55106

    $190,000

    Fully equipped restaurant with a furnished dining area and built-out commercial kitchen and modern equipment, business and FFE included.

    View details

    Hastings, MN Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Hastings, MN on our real estate platform.

    Sale prices for conventional restaurants in Hastings, MN average $1,994,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Commercial kitchens 2
    Bars & Pubs 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -2.7%
    Median Household Income $102,026
    College Educated 38.5%

    High-Yield Neighborhoods for Investment

    Identify Hastings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55033 $750K

    Taxes & Financing

    Tax Rate (average for all types) 2.13%
    Property Tax per SF $21.03 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Dakota County

    New Delisted

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