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$750,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.285 Acres
  • Updated 20 hours ago
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NNN Lease in place for 10 years. Plug and play investment producing solid income in an amazing downtown Hastings location! NO SHOWINGS UNLESS ACCOMPANIED BY AN AGENT. DO NOT DISTURB THE BUSINESS THAT IS CURRENTLY OPERATING IN THE BUILDING, UNLESS YOU PLAN TO DINE THERE!

Full Property Details for 320 2nd St E

General

  • Price: $750,000
  • Taxes: $11,388 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7161893
  • Updated: 10/22/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Parking

  • Parking Features: Parking Lot, Paved Lot

Location

  • County: Dakota
  • Township: Hastings
  • Subdivision: Town Of Hastings
  • Driving Directions: On the corner of Tyler St and 2nd St E.

School Information

  • School District: 200 - Hastings
  • High School District: Hastings

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Common, Heating Common, Hot Water Common

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block, Owner Access, Partial
  • Foundation Size: 8166
  • Roof: Age Over 8 Years
  • Ceiling Height: 8-10
  • Disability Access: No Stairs External, No Stairs Internal
  • Current Bldg. Use: Event Space, Food Service, Restaurant
  • Year Built: 1946

Lot Features

  • Lot Size (Acres): 0.285
  • Lot Dimensions: 140 x 89
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Potential Use: Rest/Lounge, Restaurant, Retail, Shop, Warehouse, Diversified, Grocery, Income, Lounge/Bar
  • Zoning: Business/Commercial
  • Lot Description: Corner Lot, Underground Utilities

Financial Considerations

  • Tax Amount: $11,388
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Owner Pays: None
  • Tenant Pays: All Utilities, Exterior Maintenance, HVAC Maintenance, Insurance, Janitorial Service, Maintenance, Repairs, Roof, See Remarks

Disclosures and Reports

  • Legal Description: TOWN OF HASTINGS BLKS 1 THRU 99 2 15 LOT 1 BLK 15 & E 23 FT OF LOT 2 BLK 15
  • Inclusions: Building
  • Property ID: 193215015022

Listed by Keller Williams Select Realty

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— 320 2nd St E —

  • Keller Williams Select Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 320 2nd St E

School District:Hastings Public School District
NameGradesDistance
Kennedy Elementary School, Hastings, MN
1175 Tyler Street, Hastings, MN 55033
K-40.7 mi
Hastings Middle School
1000 11th Street West, Hastings, MN 55033
5-81 mi
Hastings High School
200 General Sieben Drive, Hastings, MN 55033
9-122.1 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 320 2nd St E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/22/2026
Listed
$750,000
50%
MLS
6/24/2023
Sold
$500,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 320 2nd St E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,388
23%
$435,200
6%
2024
$9,244
—
$411,700
9%
2024
$9,244
-7%
$378,800
-4%
2023
$9,990
—
$393,000
8%
2023
$9,990
-1%
$365,300
—
2022
$10,074
2%
$365,100
6%
2020
$9,894
—
$344,400
4%
2019
$9,868
-3%
$331,000
—
2018
$10,124
-4%
$331,200
4%
2017
$10,582
-1%
$318,800
2%
2016
$10,637
-2%
$312,300
1%
2015
$10,869
6%
$309,900
9%
2014
$10,294
-1%
$285,300
—
2013
$10,378
—
$285,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams Select Realty

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320 2nd Street E, Hastings, MN 55033 (MLS# 7161893) is a Commercial property. 320 2nd Street E is currently listed for $750,000 and was received on October 22, 2026. Want to learn more about 320 2nd 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.

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