220 Sibley Street

Hastings, MN 55033 View Map $1,050,000 Schedule a Tour
Acres0.28
Year1922
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717

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Status: Active - Contingent - Inspection
Property Type:Office
MLS #:6146422
On Site:121 Days
Lot Size:0.28 Acres
County:Dakota
Presenting the historic Armory Building in downtown Hastings. This is an amazing opportunity to own a building that is central to all of the upcoming investments being made in the historic district of Hastings. If you are not familiar, the Confluence historic restoration project will include a hotel, event center and apartments 3 blocks away.

This one-of-kind mixed-use building offers office, retail, and storage/workshop spaces with low vacancy and a variety of rental spaces. The property is situated on the corner of Sibley Street and Third Street and is only a block off Main Street, two blocks from the Mississippi River, and across the street from City Hall. The building exterior has been renovated and the windows have been replaced, all to historic district standards. Other improvements include two new furnaces, 2 new AC units, and a new roof in 2007. There is potential for a 6,000 square foot expansion on the upper floor with a 15-foot ceiling height.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
2/18/2022$1,350,000$1,250,000-7.4%
4/24/2022$1,250,000$1,050,000-16%

Community Information

Address:220 Sibley Street Hastings, MN 55033
County:Dakota
School District:Hastings
Zip Code:55033

Features / Amenities

Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas

Property Features

Lot Size: 0.28 Acres
Lot Dimensions:Irregular
Lot Features: Corner Lot
Utilities: Heating Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Zoning:Business/Commercial
Directions:Highway 61 to 4th St E, east on 4th to Sibley St, north on Sibley St. to 3rd St. Building is on the northeast corner of 3rd St E and Sibley St.

Tax and Financial Info

Sale Includes: Building, Land, Leases
Tax Year: 2021
Tax Annual Amount: $8,780
Water / Sewer Expense: $745
Maintenance Expense: $3,085
Fuel Expense: $3,476
Electric Expense: $6,966
Insurance Expense: $2,107
Trash Expense: $335
Contingency: Inspection

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220 Sibley Street Hastings, MN 55033
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220 Sibley Street Hastings, MN 55033
 
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Listing Information Last Updated 5/28/2022
Listing provided courtesy of Lakes Area Realty.
© Copyright 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary:
Home for sale at .

Description: The home at 220 Sibley Street Hastings, MN 55033 with the MLS Number 6146422 is currently listed at $1,050,000 and has been on the Hastings market for 120 days.

GeoCoordinates:
-92.851573934
44.743481271

List Price: $1,050,000

You are viewing the MLS property details of the home for sale at 220 Sibley Street Hastings, MN 55033, which is located in the subdivision, includes 0 bedrooms and 0 bathrooms, and has approximately 0 sq.ft. of living area.