Date
Details
Price
Change
Source
8/23/2026
Listed
$899,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/43
$899,900 Just Listed
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Property Description
Prime downtown Hastings commercial investment opportunity! This 8,320 sq ft, 6-unit commercial building offers exceptional Hwy 61 frontage at the base of the iconic Hastings Bridge in the heart of the downtown business district. Originally built as a bank, this solidly constructed property offers a unique and flexible layout for an owner-user, investor or redevelopment opportunity. The upper level is currently configured with a tavern, prep kitchen, walk-in cooler, four additional office/commercial spaces with separate street entrances and two restrooms. The lower level is currently used as a liquor store and includes four coolers, five additional rooms and multi-stall restrooms. Original bank vault doors remain in place, adding unique character and history. Excellent visibility, multiple-use potential and a highly desirable downtown location. Showings approved with proof of funds or a financial qualification letter and available between 2-6 PM.
Full Property Details
Full Property Details for 111 3rd St E
General
- Price: $899,900
- Taxes: $10,203 (2026)
- Status: Active
- Type: Commercial
- Source: NorthStarMLS_RMLS
- MLS ID: 7131918
- Updated: 8/23/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Concrete Slab
Rooms
Bathrooms
- Total Bathrooms: 6
Additional Information
- Amenities: City View
Parking
- Parking Features: Asphalt, Guest Parking, Parking Lot, Unassigned
Location
- County: Dakota
- Township: Hastings
- Subdivision: Town Of Hastings
- Driving Directions: From Twin Cities - Hwy 61 to the bottom of the bridge take a rt, quick rt and another rt under bridge to 111 3rd Street E.
School Information
- School District: 200 - Hastings
- High School District: Hastings
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Boiler, Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
- Utility Description: Heating Common, Hot Water Common
Structural Information
- Exterior Const.: Concrete
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Daylight/Lookout Windows, Finished, Walk-Out
- Foundation Size: 4500
- Roof: Flat
- Disability Access: Doors 36"+, No Stairs External, Wheelchair Ramp(s)
- Square Feet: 8,320
- Finished Down/Base.: 8,320 Sq. Ft.
- Current Bldg. Use: Office, Retail
- Year Built: 1957
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.201
- Lot Dimensions: 84 x 147. 41 x 140
- Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer, Highway
- Potential Use: Office, Professional Service, Rest/Lounge, Retail, Lounge/Bar
- Zoning: Business/Commercial
- Lot Description: Public Transit (w/in 6 blks), Corner Lot
Water Features
- Water Front Desc.: River View
Financial Considerations
- Tax Amount: $10,203
- Tax Year: 2026
- Terms: Contract for Deed, Conventional, Cash, Special Funding
Disclosures and Reports
- Legal Description: TOWN OF HASTINGS BLKS 1 THRU 99 7 13 COM AT SE COR LOT 6 BLK 13 W 8 FT N TO PT ON N LINE 14 FT E OF NW COR E TO NE COR S TO BEG LOT 6 BLK 13 ALSO W HALF OF LOT 7 BLK 13
- Inclusions: Building, Fixture/Equipment
- Property ID: 193215013070
Listed by Real Estate Parkway
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Schools
Schools serving 111 3rd St E
School District:Hastings Public School District
| Name | Grades | Distance |
|---|---|---|
Kennedy Elementary School, Hastings, MN 1175 Tyler Street, Hastings, MN 55033 | K-4 | 0.7 mi |
Hastings Middle School 1000 11th Street West, Hastings, MN 55033 | 5-8 | 0.9 mi |
Hastings High School 200 General Sieben Drive, Hastings, MN 55033 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 3rd St E
Tax History
Tax History for 111 3rd St E
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,082
-1%
$281,700
-1%
2025
$4,130
2%
$285,700
-1%
2024
$4,032
-6%
$289,900
-9%
2023
$4,290
—
$318,400
13%
2023
$4,290
3%
$281,300
3%
2022
$4,174
9%
$273,300
11%
2020
$3,814
3%
$247,200
9%
2019
$3,699
-7%
$227,800
-4%
2018
$3,974
15%
$236,300
31%
2017
$3,454
-1%
$180,700
2%
2016
$3,484
1%
$176,800
1%
2015
$3,459
-6%
$175,000
—
2014
$3,679
-5%
$175,000
—
2013
$3,866
—
$175,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 3rd St E
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111 3rd Street E, Hastings, MN 55033 (MLS# 7131918) is a Commercial property. 111 3rd Street E is currently listed for $899,900 and was received on August 23, 2026. Want to learn more about 111 3rd Street E? Do you have questions about finding other Commercial real estate for sale in Hastings? You can browse all Hastings real estate or contact a Coldwell Banker agent to request more information.