Adjacent Zoned Development
For Sale
$85,000
306 5th Street W, Hastings, MN 55033
Land, Hastings, MN
Property SizeContact for details
Lot Size0.21 Acres
Days on Market143
Property Features for 306 5th Street W
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential-Single Family
Subdivision
Town Of Hastings
Lot features
Cleared, Corner Lot
High school district
Hastings
Directions
From Highway 55 East, turn left onto Highway 61 and left on 4th Street West. Turn left on Spring Street to find the lots on the right-hand side.
Standard status
Active
APN
193215026082
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
828
Utilities
Utilities
Cable Available
Listing Agency:
Counselor Realty, Inc
(651) 779-6000
Listed By:
James M. Wrich, Gri
(763) 390-3017
Added: Apr 1
Changed: Aug 19
Last Checked: Aug 21 at 12:06PM
MLS# 7047259
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.
Two adjacent development lots are offered for sale at 306 5th Street W, Hastings, MN, each with its own parcel ID. PID 19-32150-26-081 and PID 19-32150-26-082 are listed separately, giving buyers the option to evaluate the sites independently or together.
According to the listing, lot 19-32150-26-081 is zoned commercial, while lot 19-32150-26-082 is zoned residential R-2 (Medium Density Residence District). The combined listing describes potential development uses that include single-family housing, multi-family twin home construction, neighborhood commercial uses, and residential care facility development, subject to applicable approvals.
This offering is best suited for buyers who want to control a small, adjacent assemblage where zoning differs across the two parcels. The commercial and R-2 split may support more than one development plan, and the fact that the lots are listed separately can help streamline budgeting and feasibility checks for whichever use best fits the intended project.
According to the listing, lot 19-32150-26-081 is zoned commercial, while lot 19-32150-26-082 is zoned residential R-2 (Medium Density Residence District). The combined listing describes potential development uses that include single-family housing, multi-family twin home construction, neighborhood commercial uses, and residential care facility development, subject to applicable approvals.
This offering is best suited for buyers who want to control a small, adjacent assemblage where zoning differs across the two parcels. The commercial and R-2 split may support more than one development plan, and the fact that the lots are listed separately can help streamline budgeting and feasibility checks for whichever use best fits the intended project.
Key Highlights
- Two adjacent lots in Hastings with zoning for potential development: R‑2 (Medium Density Residence District) and commercial zoning on one lot
- PID 19‑32150‑26‑081 and 19‑32150‑26‑082 included; lots are listed separately
- Lot 19‑32150‑26‑081 is zoned commercial, and Lot 19‑32150‑26‑082 is zoned residential R‑2
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent lots in Hastings offer flexible development options under commercial and R-2 zoning classifications.
Where is this residential land & home lot located?
The property is located at 306 5th Street W Hastings, MN.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Two adjacent lots in Hastings with zoning for potential development: R‑2 (Medium Density Residence District) and commercial zoning on one lot; PID 19‑32150‑26‑081 and 19‑32150‑26‑082 included; lots are listed separately; Lot 19‑32150‑26‑081 is zoned commercial, and Lot 19‑32150‑26‑082 is zoned residential R‑2
