130 W State Street

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130 W State Street

Hastings, MI 49058
Asking Price
$599K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront spanning 7,588 square feet available for sale
  • Asking price for the commercial property is $599,000
  • Asset located at 130 W State Street in Hastings
  • Flexible interior layout suitable for multiple retail business models
  • Central site positioning enhances visibility within the local community

What's Special

Priced at $599,000, this 7,588-square-foot retail storefront stands prominently at 130 W State Street in Hastings, Michigan. The property serves the local community within Barry County, a region characterized by its blend of agricultural roots and increasing regional commercial activity. The layout is well-suited for diverse retail operations, boutiques, or service-based businesses looking to establish a presence in a central corridor. Its positioning within the city grid provides consistent visibility for patrons and facilitates logistical access for inventory management. The expansive floor plan allows for flexible interior configurations, making it a viable acquisition for owner-occupiers or investors seeking to reposition a commercial asset in an established market area. Businesses requiring significant square footage for operations or storage will find the existing structure adaptable to a variety of retail functions. The surrounding trade area continues to benefit from steady local patronage and infrastructure supporting the commercial vitality of downtown Hastings.

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NOI
$80,000
Cap Rate
13.36%
DSCR
2.25
Strong
Cash-on-Cash
24.73%
Monthly Payment
$2,963.525
Annual Cash Flow
$44,437.698

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