LISTING Commercial Property For Sale

Hastings 55033 - 0.28 Acres

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Property Description

$1,050,000  |  Commercial Sale # 6146422  |  220 Sibley Street - Hastings, LISTING

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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$1,050,000  |  Commercial Sale # 6146422  |  220 Sibley Street - Hastings, LISTING

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$1,050,000  |  Commercial Sale # 6146422  |  220 Sibley Street - Hastings, LISTING

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Re: $1,050,000  |  Commercial Sale # 6146422  |  220 Sibley Street - Hastings, LISTING

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All properties are subject to prior sale, change or withdrawal. 2022.05.20 | 108.163.245.133 | 35.170.82.159
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