For Sale: Hastings MLS# 7127790
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Property Description
Rare development opportunity in the heart of Hastings! This 1.95-acre site is zoned R-3 Medium-Density Residential and has been approved by the City of Hastings for a 36-unit condominium development. Much of the upfront development work is already complete, giving the next developer a significant head start. The site is graded and pad-ready, with utilities connected and stubbed to the building site, and curb and gutter installed. Ideally located close to shopping, dining, parks, schools, and everything Hastings has to offer. Move forward with the approved 36-unit development or explore other possibilities allowed under R-3 zoning, subject to City approval. With infrastructure in place and substantial development work already completed, this is a unique opportunity to bring a multi-family project to life in an established Hastings location.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$450,000
Property Type:
Lot/Land
City:
Hastings
County:
Dakota
State:
MN
Property Style:
Lot/Land
Zip Code:
55033
Subdivision Name:
Williams 1st Add
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
1.949
Geolocation:
44.744416, -92.88298
Inclusions:
For Sale Sign, Survey
Lot Dimensions:
451X196X340X235
Restrictions:
Open
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Farm
Crop Type:
None
Topography:
Level
Schools
School District:
200
District Phone:
6514807002
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,252
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,252
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Curbs, Paved Streets, Public Road, Sidewalks, Storm Sewer
Available Utilities:
- Cable Available
- Electricity Available
- None Connected
- Phone Available
- Sewer Available
- Storm Sewer Available
- Underground Utilities Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Select Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.