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    2300 Hastings Ave Newport, MN 55055

    Sponsored
    For Sale
    Contact for pricing

    Commercial - Newport, MN

    Lot size:
    7.88 Acres
    Days on Market:
    49
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 2300 Hastings Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Business/Commercial,Residential-Multi-Family
    APN
    2502822320035
    Parking features
    Paved or Surfaced
    Exterior features
    Brick/Stone, Cement Board
    Lot size
    7.88 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Zoned

    Building Details

    Year built
    2019
    Flooring type
    Carpet, Concrete
    Architectural style
    Other

    Paradigm REG South Suburban LLC (952) 431-5100 [email protected]

    Listing agent Christine Quintanilla (952) 431-5100

    Listing date Nov 18, 2025

    MLS# 6444861 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Multifamily Community

    This retail space is located within a 200-unit multifamily community. Unit 1 is to be leased "As Is" and features a drop ceiling, updated lighting, and existing HVAC ductwork from the previous buildout. The space requires flooring to customize it for retail or office use. The property is zoned for Business/Commercial and Residential-Multi-Family use. The location is easily accessible, just minutes from Interstate 494 and Highway 10, making it a convenient destination for customers and clients. The lot size is 7.88 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Newport Commons Apartment Complex

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Washington
    State
    Minnesota
    Longitude
    -93.000694
    Latitude
    44.882649

    Nearby Similar for Sale

    • Contact for pricing
      Pending

      Auto Shop with Highway Visibility

      Corner-lot auto shop with two bays and highway visibility.
      2204 Hastings Ave, Newport, MN 55055
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    • $1,300,000
      5,410 SF

      Retail Portfolio Package For Sale

      Retail properties portfolio package for sale in Newport, Minnesota.
      2030 Hastings Ave, Newport, MN 55055
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    FAQs

    What type of property is this?
    Retail space - Retail or office space in a vibrant multifamily community.
    Where is this retail space located?
    The property is located at 2300 Hastings Ave Newport, MN.
    What is the asking price?
    The asking price for this property is $16.
    What are key features of this property?
    This property features: - Prime retail space ideally situated within a vibrant 200-unit multifamily community.; - Convenient access to Interstate 494 and Highway 10.; - Updated lighting.
    (651) 428-1715
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    2300 Hastings Ave Newport, MN 55055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2300 Hastings Ave Newport, MN 55055
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