Auction Date:
June 02, 2026 | 7:00 pm
Auction Location / Nearest City:
245 W 2nd St, Hastings, NE, USAFeatured items:
- Prime location near historic downtown Hastings
- Zoned Commercial
- The lot consists of 5,000 sq. feet.
- Classic brick interior elements with industrial appeal
- Multiple office spaces, warehouse areas, and storage
- Heated concrete block addition with garage access
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Auction Description:
Historic Downtown Commercial Building Online Auction
Auction Closes: June 2nd at 7pm
Location: 245 W. 2nd Street in Hastings, Nebraska
Historic Downtown commercial building with office, warehouse & expansion space
Step into opportunity with this exceptionally located commercial building at 245 W. 2nd Street in Hastings, Nebraska. Situated just east of the historic downtown district, properties with this kind of square footage, character, and flexibility rarely come to market. Formerly home to a commercial electrical business, this building offers a powerful combination of functionality and character, highlighted by classic Chicago brick walls, expansive work areas, and multiple office configurations. Public viewing is available by appointment. Selling via online-only auction, bidding will begin closing June 2, 2026 at 7:00 PM.
Interior Features
This is more than just a commercial space—it’s a versatile property ready to adapt to your vision. The structure, layout, and character make it an ideal candidate for business use, storage, or redevelopment.
The main floor offers approximately 1,000 sq. ft. of office space (40’ x 25’) and includes a draft room, reception area, multiple offices, and an “L”-shaped workspace. The south portion of the warehouse area measures 55’ x 22’, providing excellent space for storage or shop use.
An east concrete block addition (24’4” x 46’, approximately 1,150 sq. ft.) includes heat, a restroom, and garage door access. The southeast wing adds additional flexible-use space measuring 24’ x 20’.
The upper level features a main office (19’9” x 20’), an “L”-shaped drafting room (11’4” x 9’1” and 14’6” x 21’7”), a large break room (29’9” x 17’1”), and an expansive storage area measuring 70’ x 25’. This level offers strong potential for office expansion or future residential conversion.
The basement measures 25’ x 100’ and features full brick construction with reinforced I-beam ceiling support. Divided into three separate rooms, it provides excellent space for storage, mechanicals, or additional use.
Exterior & Location Features
Located just east of Hastings’ historic downtown district, this property offers excellent visibility and accessibility in a highly desirable commercial area. The classic Chicago brick construction adds character and industrial appeal, making it well-suited for a variety of uses.
Zoned Commercial and situated on a 5,000 sq. ft. lot, this property presents a rare opportunity for redevelopment, investment, or business expansion. Whether you’re looking to launch or grow a business, create a unique live/work space, or develop a multi-use property (subject to zoning approval), the possibilities here are extensive.
Opportunity Highlights
Prime location near historic downtown Hastings
Zoned Commercial
5,000 sq. ft. lot
Classic brick interior with industrial character
Multiple office, warehouse, and storage areas
Heated concrete block addition with garage access
Large basement with reinforced I-beam construction
Strong redevelopment and investment potential
TERMS & CONDITIONS
Final price will be determined by the auction. The final bid is subject to seller confirmation. A 10% Buyer’s Premium will be added to the sale price. For example, if you bid $100,000, the total contract price will be $110,000.
A $5,000 earnest money deposit is due within 24 hours of the auction closing. The remaining balance must be paid by cash or certified funds on or before July 10, 2026. Possession will be given at closing, subject to the existing lease.
All property sells “AS IS,” and all sales are final. Bidders are responsible for determining the condition, age, genuineness, value, and suitability of the property before bidding. Ruhter Auction and Realty, Inc. may provide descriptions in advertising, online listings, or at the auction. However, no guarantees are made regarding accuracy.
Ruhter Auction and Realty, Inc. makes no warranties, either expressed or implied. This includes warranties of merchantability or fitness for a particular purpose. Each bidder is the sole judge of value.
Bidders participating online may not inspect the property as thoroughly as in person. Therefore, Ruhter Auction and Realty, Inc. is not responsible for errors or omissions unless there is a material and intentional misrepresentation. By placing a bid, bidders agree that the property sells “AS IS” and that no returns will be accepted.
Bidders may not make any claims against Ruhter Auction and Realty, Inc., or any other party, for issues related to internet service, software, or technical failures. The auction company is not responsible for missed bids for any reason.
Additionally, bidders who participate off site acknowledge they may not inspect items as thoroughly as they could in person. Therefore, Ruhter Auction and Realty, Inc. is not responsible for errors or omissions in item descriptions unless a material and intentional misrepresentation occurs. By placing a bid, the bidder agrees that all items sell “AS IS” and understands that no returns will be accepted.
Finally, bidders may not make any claim against Ruhter Auction and Realty, Inc., or any other party, due to internet service interruptions, software issues, or technical failures during the timed auction. Furthermore, the auction company is not responsible for missed bids from any source.
Auction Location / Nearest City:
245 W 2nd St, Hastings, NE, USAShare this on:
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