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Mixed-Use Retail Building
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114 2nd St E, Hastings, MN 55033

Street-level retail space and two residences are fully leased within a compact mixed-use property.

Property Size3,520 SF
Price / SF$96.59
Days on Market10

Property Features for 114 2nd St E

General Information

Standard status Active
Size 3,520 SF
Property subtype RETAIL
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Sunbelt Business Advisors
Listed By: Tony Bodway · License #20388687
Source: Moodyscre
Added: Sep 11 Changed: Sep 15 Last Checked: Sep 19 at 11:16AM

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 Sunbelt Business Advisors

Investment Insights

Based on property information with market context.

This mixed-use property contains 3,520 square feet with a street-facing retail component at ground level and two residential units above. The three-part configuration combines commercial and residential occupancy within one building.

All spaces are currently leased, providing occupied retail and residential components for a new owner. The property is located at 114 2nd St E in Hastings, Minnesota.

Key Highlights

  • 3,520‑square‑foot mixed‑use property
  • Street‑level retail space
  • Two upper‑level residential units

Property Analytics

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Open Analytics

Current Use

Divine Inspiration Religious Bookstore The Little Shop Of Treasures Home Decor Store

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby
295
Monthly Visits Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail space and two residences are fully leased within a compact mixed-use property.
Where is this mixed-use property located?
The property is located at 114 2nd St E Hastings, MN.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 3,520‑square‑foot mixed‑use property; Street‑level retail space; Two upper‑level residential units
(952) 681-9281 Call to check price and availability
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