Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2030 Hastings Ave Newport, MN 55055

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,300,000

    Retail properties portfolio package for sale in Newport, Minnesota.

    Property size:
    5,410 SF
    Lot size:
    0.48 Acres

    Property Features for 2030 Hastings Ave

    General Information

    Size
    5,410 SF
    Lot size
    0.48 Acres

    Source: Transwestern Agent Chris Weirens

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Portfolio Package For Sale

    This portfolio package includes two properties. The first property, located at 2030 Hastings Ave, has a building size of 2,300 square feet and a parcel size of 0.50 acres. It features one drive-in loading area and surface parking for five vehicles. The zoning is MX-1 Downtown Mixed-Use, and the PID is 2502822330041. The second property, located at 727 20th St, has a building size of 3,110 square feet and a parcel size of 0.50 acres. It includes four drive-in loading areas and surface parking for fifteen vehicles. The zoning is also MX-1 Downtown Mixed-Use, and the PIDs are 2502822330042 and 2502822330079. The total property size for the portfolio is 5,410 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Alliance Auto LLC Used Car Dealer Eagle Auto sales Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Newport
    County
    Washington
    State
    Minnesota
    Longitude
    -93.0014646
    Latitude
    44.8794563

    Nearby Similar for Sale

    • Contact for pricing
      7.88 Acres

      Retail Space in Multifamily Community

      Retail or office space in a vibrant multifamily community.
      2300 Hastings Ave, Newport, MN 55055
      View Details
    • 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
      View Details

    FAQs

    What type of property is this?
    Storefront property - Retail properties portfolio package for sale in Newport, Minnesota.
    Where is this storefront property located?
    The property is located at 2030 Hastings Ave Newport, MN.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Portfolio Package: Two properties (2030 Hastings Ave & 727 20th St) for one investment.; - MX-1 Downtown Mixed-Use Zoning: Offering flexible development options.; - Substantial Land Area: Combined 1 acre parcel.
    (612) 343-4200
    Request Owner's contact information
    2030 Hastings Ave Newport, MN 55055
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2030 Hastings Ave
    Newport, MN 55055
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2030 Hastings Ave Newport, MN 55055
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.