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221 Sibley Street

Hastings, MN 55033
  • $1,735,000
  • STATUS: Active
  • ON SITE: 136 Days
  • ID#: 6235689
UPDATED: 40 min ago
$1,735,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,440
    SQFT
  • $129
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1881
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..

Description

HISTORIC DOWNTOWN HASTINGS MIXED-USE OPPORTUNITY!! CONSTRUCTED IN 1881 AND SOLIDLY BUILT ON A LIMESTONE FOUNDATION WITH A LOT OF UPGRADES. FLAT ROOF WITH SLOW PITCH TO THE REAR WAS REPLACED BY CHANDLER ROOFING IN 2015. MOST OF THE APARTMENTS HAVE NEWER ELECTRICAL WIRING WITH SEPARATE CIRCUIT BREAKER PANELS, 30 GALLON ELECTRIC WATER HEATERS IN UNIT, AND EITHER IN UNIT TENANT PAID BASEBOARD HEATERS OR FORCED-AIR FURNACES. EXTERIOR IS ALL RED BRICK WITH A LOT OF STONE SILLS AND FRONT EXTERIOR DETAIL. ALL FIVE TOP FLOOR APARTMENTS ARE 2-STORY LOFT STYLE WITH TALL WINDOWS. BUILDING IS LISTED ON THE NATIONAL REGISTER OF HISTORIC BUILDINGS. CURRENTLY MAIN FLOOR RETAIL/OFFICE SPACES ARE AVAILABLE FOR RENT. WOULD MAKE FOR THE IDEAL OWNER/USER.

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IDX data © 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 Keller Williams Premier Realty | Robert Selb Homes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Premier Realty | Robert Selb Homes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Premier Realty | Robert Selb Homes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-11-29T08:21:12.657.

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221 Sibley Street Hastings, MN 55033

  • Price: $1,735,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 40 min ago
  • ID#: 6235689
0
Beds
0
Baths
0
½ Baths
0.16
Acres
13,440
SQFT
$129
$/SQFT
1881
Built
Neighborhood:
Town Of Hastings
County:
Dakota
School District:
200 - Hastings
Property Description
HISTORIC DOWNTOWN HASTINGS MIXED-USE OPPORTUNITY!! CONSTRUCTED IN 1881 AND SOLIDLY BUILT ON A LIMESTONE FOUNDATION WITH A LOT OF UPGRADES. FLAT ROOF WITH SLOW PITCH TO THE REAR WAS REPLACED BY CHANDLER ROOFING IN 2015. MOST OF THE APARTMENTS HAVE NEWER ELECTRICAL WIRING WITH SEPARATE CIRCUIT BREAKER PANELS, 30 GALLON ELECTRIC WATER HEATERS IN UNIT, AND EITHER IN UNIT TENANT PAID BASEBOARD HEATERS OR FORCED-AIR FURNACES. EXTERIOR IS ALL RED BRICK WITH A LOT OF STONE SILLS AND FRONT EXTERIOR DETAIL. ALL FIVE TOP FLOOR APARTMENTS ARE 2-STORY LOFT STYLE WITH TALL WINDOWS. BUILDING IS LISTED ON THE NATIONAL REGISTER OF HISTORIC BUILDINGS. CURRENTLY MAIN FLOOR RETAIL/OFFICE SPACES ARE AVAILABLE FOR RENT. WOULD MAKE FOR THE IDEAL OWNER/USER.
Exterior Features

Construction Materials Brick/Stone Construction Materials Desc Brick Foundation Area 3360 Foundation Dimensions 48 X 70 Levels Three Or More Lot Features Corner LotTree Coverage - Light Lot Size Dimensions 0 Parking Features On-Street Parking Only Parking Open 9 Road Frontage Type City Street Roof Age 8 Years Or LessFlatRubber

Interior Features

Amenities Unit Ceiling Fan(S)City ViewHardwood FloorsKitchen WindowTile FloorsVaulted Ceiling(S) Appliances DryerRangeRefrigeratorWasher Basement Egress Window(S)FinishedShared AccessStone/RockWalkout Cooling Central AirWindow Unit(S) Heating BaseboardForced Air Refrigerator Num One Per Unit

Property Features

Accessibility Features None Additional Parcels YN Yes Assessment Pending No Association Amenities Coin-Op Laundry OwnedSecurity Contingency None Current Use CommercialResidentialRetail Electric Expense 3600 Expenses 62915.0000 Foreclosure Status No Fuel ElectricNatural Gas Fuel Expense 4200 Gross Income 169740 Inclusions BuildingLeases Insurance Expense 4250 Internet Options Cable Land Lease Amount 0 Lender Owned No Maintenance Expense 8000 Manager Expense 9527 Net Operating Income 106824 Operating Expense 62915 Other Expense 3000 Owner Pays InsuranceRepairsSnow RemovalTaxesTrash CollectionWater Postal City Hastings Potential Short Sale No Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 18490 Tax With Assessments 18490.0000 Tax Year 2022 Tenant Pays Cable TvElectricity Trash Expense 3048 Utilities Electric CommonElectric SeparateHeating SeparateHot Water Separate Water Sewer Expense 4800 Water Source City Water/Connected Zoning Description Business/CommercialResidential-Multi-Family

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Apartment Cash Flow, Inc.: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 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 Keller Williams Premier Realty | Robert Selb Homes are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Keller Williams Premier Realty | Robert Selb Homes is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Keller Williams Premier Realty | Robert Selb Homes, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-11-29T08:21:12.657.

Click here for Digital Millennium Copyright Act
 
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Keller Williams Premier Realty | Robert Selb Homes
635 Bielenberg Dr Suite 100
Woodbury MN, 55125
NorthstarMLS] logo Listing courtesy of Apartment Cash Flow, Inc..