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Two-Level Restaurant Building
For Lease
$15 SF/Yr

100 Sibley Street, Hastings, MN 55033

Two full kitchens across two floors support restaurant, catering, or private event service in a historic downtown setting.

Space SizeContact for details
Days on Market195

Property Features for 100 Sibley Street

General Information

Standard status Active

Additional Details

Business Included Yes

Building Details

Year Built 1900
Stories 2
Listing Agency: North Star Commercial
Listed By: Scott Naasz · License #40922534
Source: Expcommercial
Added: Mar 16 Changed: Sep 24 Last Checked: Sep 26 at 3:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Star Commercial

Investment Insights

Based on property information with market context.

This two-level restaurant building is approximately 6,000 square feet and was originally constructed in 1900. The space is designed to accommodate food-focused operations, with two full kitchens—one on each floor—creating a practical layout for in-house service, catering workflow, or private events. The property is available for lease for restaurant, catering, or retail concepts.

Located at 100 Sibley Street in Hastings, MN 55033, the building sits in the area described as historic downtown Hastings. As a standalone, two-story structure, it provides straightforward access to a dedicated kitchen setup on both levels.

For tenants looking for food preparation capacity without relying on a single kitchen floor, the two-kitchen configuration can support day-to-day operations and event-based use. The building’s two-level format also offers flexibility for layouts that separate front-of-house dining or customer use from back-of-house production, depending on the concept.

Key Highlights

  • Two‑level restaurant/retail building originally constructed in 1900
  • Approximately 6,000 SF available for lease
  • Two full kitchens, one on each floor

Property Analytics

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Current Use

Debra Othoudt Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Kitchen & Bath Showroom Daycare Center Big Box & Wholesale Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
295
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Green Mill Restaurant & Bar Dining
295 visits/mo 0.5 miles

Demographics for 55033, MN

29,701
Population
11,884
Households
2.5
Avg Household Size
42
Median Age
31%
College-Educated
96%
High-School Grad
144.3 sq mi
ZIP Area
206
Density / Sq Mi
$102,026
Median Household Income
$55,060
Median Earnings
$1,174
Median Rent
$335,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two full kitchens across two floors support restaurant, catering, or private event service in a historic downtown setting.
Where is this conventional restaurant located?
The property is located at 100 Sibley Street Hastings, MN.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Two‑level restaurant/retail building originally constructed in 1900; Approximately 6,000 SF available for lease; Two full kitchens, one on each floor
More about this property
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