119 E State Street

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119 E State Street

Hastings, MI 49058
Business Price
Contact for price
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • Business opportunity available for purchase in Hastings, Michigan
  • Asset located at 119 E State Street within the downtown district
  • Transaction involves the sale of the business interest only
  • Suitable for retail or professional service operators
  • Positioned for established service within the Barry County community

What's Special

This business for sale at 119 E State Street in Hastings, Michigan, represents a transition for an entrepreneur looking to enter the local market. The offering focuses on the business assets themselves, providing a platform for an operator to establish or expand their presence in this Barry County community. Hastings maintains a steady commercial environment characterized by a mix of local service providers and retailers serving the surrounding residential population. Prospective owners will find this location suitable for various retail or service-oriented business models that benefit from the connectivity of the downtown district. The property occupies a functional position within the city, allowing for consistent access to local customer bases. An incoming investor or business operator can leverage the existing footprint to implement their specific vision while contributing to the local economic landscape. This acquisition provides a viable entry point for those seeking a dedicated business opportunity within a well-established Midwestern municipality.

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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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