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Multi-Suite Specialty Property
For Sale
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2350 Hastings Avenue, Newport, MN 55055

Commercial Sale, Newport, MN

Property SizeContact for details
Lot Size10.79 Acres
Days on Market181

Property Features for 2350 Hastings Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial, Residential-Multi-Family
Parking features Covered
Subdivision Newport Commons
High school district South Washington County
Directions Interstate 494 to Bailey Road, head east on Bailey Road to Hastings Avenue, turn south on Hastings Avenue, continue to destination's parking lot on the east side of road.
Standard status Active
Lot size 10.79 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 457858

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

private offices
conference rooms
boardroom
kitchenette
flex space
common-area restrooms
storage space

Building Details

Year built 2019
Listing Agency: Keller Williams Select Realty · Keller Williams Realty
Listed By: Christine Quintanilla
Added: Apr 16 Changed: Oct 8 Last Checked: Oct 13 at 12:06PM
MLS# 7056651

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2019 specialty property contains suites ranging from 998 SF to approximately 5,200 total rentable SF. Two combined units provide approximately 2,450 SF of lightly used, finished office space, including private offices, conference rooms, a boardroom, kitchenette, and flex area. Other units are in vanilla-shell condition with drywall and concrete floors. Two common-area restrooms and additional storage serve the building, and covered parking is available.

The property sits within a 200-unit multifamily community with active commercial users. Hastings Avenue, Highway 10, and I-494 are identified as nearby routes, with Woodbury, Cottage Grove, and downtown St. Paul also noted in the surrounding area. The site encompasses 10.793 acres.

Key Highlights

  • 2019 construction on a 10.793‑acre site
  • Unit sizes range from 998 SF to approximately 5,200 total rentable SF
  • Two combined units offer approximately 2,450 SF of finished office space

Property Analytics

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Current Use

St Paul Rentals Building Supply

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Storage Facility Dental Office Hair Salon Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 55055, MN

3,797
Population
2,001
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
92%
High-School Grad
3.6 sq mi
ZIP Area
1,055
Density / Sq Mi
$63,365
Median Household Income
$41,118
Median Earnings
$1,080
Median Rent
$331,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - Flexible suites include finished office space and vanilla-shell units that can be configured individually or combined.
Where is this specialty property located?
The property is located at 2350 Hastings Avenue Newport, MN.
What are key features of this property?
This property features: 2019 construction on a 10.793‑acre site; Unit sizes range from 998 SF to approximately 5,200 total rentable SF; Two combined units offer approximately 2,450 SF of finished office space
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