Xxx Vermillion St, Hastings, MN 55033

This exceptional 7-acre property in Hastings, Minnesota presents a unique investment opportunity. Currently improved with a single-family home and a duplex, totaling approximately 5,000 square feet of existing building space, this site offers significant upside potential. The property boasts a prime location in Hastings, providing convenient access to local amenities and transportation routes. The city has temporarily approved a variety of development options for the site, including single-family homes, twin homes, townhomes, or luxury apartments. This flexibility allows for a wide range of development strategies to suit diverse investor preferences and market demands. The existing structures could be renovated and repurposed, or completely removed to make way for a new construction project. The substantial 7-acre lot provides ample space for a large-scale development, offering the potential for significant returns on investment. Given the current zoning allowances and the property's size, this is an ideal opportunity for developers seeking a prime location with multiple development possibilities in a thriving Minnesota community. The asking price of $1,000,000 reflects the significant potential of this unique property. Serious inquiries are encouraged.