117 E State Street

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117 E State Street

Hastings, MI 49058
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase at 117 E State Street.
  • The building features a total footprint of 2,091 square feet.
  • Located in downtown Hastings within the heart of Barry County.
  • Property serves a stable market in the greater Grand Rapids area.
  • Layout supports diverse uses including retail or professional office applications.

What's Special

This retail storefront spans 2,091 square feet and stands at 117 E State Street in Hastings, Michigan. Positioned within the downtown corridor, the property benefits from the steady foot traffic and local economic activity characteristic of this historic Barry County seat. The region maintains a stable business environment supported by a mix of local services and retail operations serving the surrounding agricultural and residential communities. Given its centralized layout, this space is well-suited for traditional retail, a boutique shop, or a professional service office requiring street-level visibility. Potential buyers will find an accessible configuration capable of accommodating various commercial layouts while maintaining proximity to key local infrastructure and established community landmarks. The property presents a functional asset for investors or business owners looking to establish a presence in this growing suburban market within the greater Grand Rapids metropolitan area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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