, Hastings, MN 55033 (MLS# 6712163)

Overview

Description

The Westview Professional building is an excellent investment opportunity with only 5.5% vacancy rate. Recent major upgrades include seven (7) new Roof Top Units in 2020. New asphalt parking lot and concrete work, new 80 Mil membrane roof in 2004. LED lights in parking lot and upgraded interior lighting. 7 zone heating and cooling system controlled by Ecobee Smart Buildings program. Fiber optic internet service to the building gives each tenant high speed internet with their own static IP address as part of their amenities package. Equipped with kitchenettes on each floor and common sitting areas and a shared conference room. Building water fountains have PFAS filtration. The building is equipped with electronic FOB access and security cameras. An electronic tenant directory is prominently displayed in the foyer.

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 40
Year Built: 1986
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Foundation Size: 8100
For Sale or Lease: For Sale
Acres: 1.67
Lot Dimensions: Irregular
Garage Stalls: 0

Property Features

Accessible: None CMU Style: Office Construction Status: Previously Owned Current Use: Office; Other Exterior: Brick/Stone Financing Terms: Conventional Foundation: Other Fuel: Natural Gas Heating: Other On Site Utilities: Electric Common; Heating Common; Hot Water Common Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Heat; Hot Water; Insurance; Management; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot; Paved Lot Road Frontage: City Street Roof: Age Over 8 Years; Flat; Other Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date: 2025-08-01
Closed Date: 2025-10-06
Sales Close Price: 1670000
Contingency: None
ListPrice: 1849000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

Postal City: Hastings
County: Dakota
State: MN
Zip Code: 55033
Complex/Dev/Subdivision: Westview Shopping Center 2nd Add

Assessments

Tax With Assessments: 26706
Assessment Balance: 0

Building Information

Building Finished SqFt: 16600

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 17
Section#: 29
Township#: 115

Sale Options

Sale Includes: Building

Unit Details

Total Units: 40

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: WESTVIEW SHOPPING CENTER 2ND ADDITION 6 2
Listing City: Hastings
Map Page: 166
Municipality: Hastings
School District: Hastings
School District Phone: 651-480-7002
Zip Plus 4: 4358
Property ID Number: 198300202060
Tax Year: 2024
Tax Amount: 26706
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: The Westview Professional building is an excellent investment opportunity with only 5.5% vacancy rate. Recent major upgrades include seven (7) new Roof Top Units in 2020. New asphalt parking lot and concrete work, new 80 Mil membrane roof in 2004. LED lights in parking lot and upgraded interior lighting. 7 zone heating and cooling system controlled by Ecobee Smart Buildings program. Fiber optic internet service to the building gives each tenant high speed internet with their own static IP address as part of their amenities package. Equipped with kitchenettes on each floor and common sitting areas and a shared conference room. Building water fountains have PFAS filtration. The building is equipped with electronic FOB access and security cameras. An electronic tenant directory is prominently displayed in the foyer.
Directions: Take US-61 S to 11th St W/Hwy 55 to the property

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Other: Yes

Owner Pays

Common Area Maintenance: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes
Insurance: Yes
Management: Yes
Repairs: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes

Road Frontage

City Street: Yes

Roof

Age Over 8 Years: Yes
Flat: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Common: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Office: Yes

Current Use

Office: Yes
Other: Yes