130 & 134 W State Street

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130 & 134 W State Street

Hastings, MI 49058
Asking Price
$365K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Commercial storefront property located on W State Street in Hastings.
  • Total building footprint encompasses 4,068 square feet of retail space.
  • Property is currently available for purchase at $365,000.
  • Dual unit address provides flexibility for diverse business use cases.
  • Situated within the established central district of Barry County.

What's Special

Retail entrepreneurs can leverage these storefront units for a versatile commercial footprint in downtown Hastings, Michigan. Spanning 4,068 square feet, this property provides a foundational space suitable for boutique retail, professional services, or local creative businesses. The configuration at 130 and 134 W State Street allows for flexible floor plan arrangements that cater to neighborhood commerce demands. Hastings serves as a core hub in Barry County, characterized by a stable local economy and consistent foot traffic along its primary corridors. Proximity to regional infrastructure makes this an accessible destination for customers navigating through the broader West Michigan area. Investors looking for a manageable retail asset in a established community will find this building presents a clear path to supporting local enterprise. The property offers enough square footage to house a singular expansive operation or multiple smaller commercial tenants depending on individual business strategies and site requirements.

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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.27%
Monthly Payment
$1,805.821
Annual Cash Flow
$58,330.15

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