126 W State Street

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126 W State Street

Hastings, MI 49058
Asking Price
$265K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase in downtown Hastings, Michigan.
  • Property measures 3,520 square feet of total interior space.
  • Asking price for the commercial asset is 265,000 dollars.
  • Located at 126 W State Street in Barry County.
  • Functional layout suitable for diverse retail or service businesses.

What's Special

Establish a retail presence at 126 W State Street in the heart of Hastings, Michigan. This 3,520 square foot storefront provides functional space suitable for traditional retail operations, boutique shops, or creative service businesses. The property benefits from its position within a local commercial corridor, serving the needs of the surrounding residential population. Hastings functions as a key regional hub in Barry County, characterized by a steady local economy and established community infrastructure that supports small business longevity. Investors and owner-occupiers alike will find this asset fits well into a portfolio focused on stable, downtown-oriented real estate within a growing suburban market in the metro area. The building layout allows for efficient merchandising or customer-facing operations, making it an practical choice for those seeking a tangible foothold in this Michigan market. Whether aiming to attract local foot traffic or establishing a destination business, this location offers the necessary accessibility and visibility required for sustained commercial activity.

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NOI
$80,000
Cap Rate
30.19%
DSCR
5.08
Strong
Cash-on-Cash
80.84%
Monthly Payment
$1,311.075
Annual Cash Flow
$64,267.095

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