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NNN-Leased Restaurant Property
New
For Sale
$750,000

320 2nd Street E, Hastings, MN 55033

Commercial Sale, Hastings, MN

Property SizeContact for details
Lot Size0.29 Acres
Days on Market2

Property Features for 320 2nd Street E

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Basement, Bathroom 1, Bathroom 4, Bathroom 2
Parking features Parking Lot
Subdivision Town Of Hastings
Lot features Corner Lot, Underground Utilities
High school district Hastings
Directions On the corner of Tyler St and 2nd St E.
Standard status Active
APN 193215015022
Lot size 0.29 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11388

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1946
Building materials Block
Listing Agency: Keller Williams Select Realty · Keller Williams Realty
Listed By: Trent Zimmer
Added: Oct 22 Last Checked: Oct 23 at 3:06AM
MLS# 7161893

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.

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Investment Insights

Based on property information with market context.

An operating restaurant occupies this NNN-leased property, with a 10-year lease in place. The 1946 building has block construction, a basement, four bathrooms, forced-air heat, and central air conditioning. A parking lot serves the property, which sits on 0.285 acres in Hastings, Minnesota.

Key Highlights

  • 10‑year NNN lease in place
  • Operating restaurant in the building
  • 0.285‑acre property

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Veterans of Foreign Wars Advocacy Group 2nd Street Depot ... Bar & Pub

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Garden Center Electrical Service

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

411
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

Frequently Asked Questions

What type of property is this?
NNN property - An operating restaurant occupies the building under a 10-year lease.
Where is this nnn property located?
The property is located at 320 2nd Street E Hastings, MN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 10‑year NNN lease in place; Operating restaurant in the building; 0.285‑acre property
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