130 W State Street

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130 W 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).

  • Located at 130 W State Street in downtown Hastings Michigan
  • Commercial retail storefront spanning 7,588 square feet of space
  • Adaptable floor plan suitable for various retail business operations
  • Positioned within the central municipal hub of Barry County
  • Accessible storefront offering visibility in a steady local market

What's Special

Hastings serves as a central hub within Barry County, providing a steady customer base for local businesses situated along its historic downtown corridors. This 7,588 square foot retail storefront at 130 W State Street benefits from a high-visibility position in the heart of the city, placing operations within reach of both local residents and regional visitors. The expansive floor plate accommodates a variety of commercial functions, making it a functional acquisition for investors or owner-occupants looking to establish a presence in this growing West Michigan community. The layout of this property supports diverse retail configurations, whether for boutique shops, service-based businesses, or specialty goods. Its placement within the municipal core ensures consistent daily foot traffic, leveraging the area’s walkability and established commercial density. Prospective buyers will find this space adaptable for modern commercial needs while maintaining the traditional character associated with the downtown district, providing a practical entry point into the local market.

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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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