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Multi-Suite Office Building
For Sale
Contact for pricing
Pending

422 N Hastings Ave, Hastings, NE 68901

Historic office property near downtown with private-lot and street parking.

Property SizeContact for details
Days on Market141

Property Features for 422 N Hastings Ave

General Information

Standard status Pending
Property subtype Retail, Land
Listing Agency: Berkshire Hathaway Home Services
Listed By: Ashley Holroyd · License #NE 20170996
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:51AM

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 Berkshire Hathaway Home Services

Investment Insights

Based on property information with market context.

Located at 422 N Hastings Ave in Hastings, Nebraska, this historical office building contains 26 office spaces. The property includes a private parking lot along with street parking, providing multiple parking options for occupants and visitors.

Nineteen units are currently rented. The property is situated close to the downtown Hastings area and recorded a 9.3% cap rate for July 2022 through July 2023.

Key Highlights

  • 26 office spaces within a historical building
  • 19 units currently rented
  • 9.3% cap rate for July 2022–July 2023

Property Analytics

Current Use

Be Well Counseling ... Counselor Margaret O'Callaghan Massage Alternative Medicine Practice Terwey Law Offices Law Firm Foote Building Real Estate Agency WIC Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Catering 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

1,173
Businesses Nearby

Demographics for 68901, NE

26,269
Population
11,809
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
150.2 sq mi
ZIP Area
175
Density / Sq Mi
$63,547
Median Household Income
$36,202
Median Earnings
$858
Median Rent
$181,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Historic office property near downtown with private-lot and street parking.
Where is this office building located?
The property is located at 422 N Hastings Ave Hastings, NE.
What are key features of this property?
This property features: 26 office spaces within a historical building; 19 units currently rented; 9.3% cap rate for July 2022–July 2023
More about this property
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