145 W STATE Street

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145 W STATE Street

Hastings, MI 49058
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office space spanning 2,000 square feet
  • Located at 145 W State Street in Hastings
  • Functional layout suitable for professional or administrative use
  • Situated within a stable Barry County commercial submarket
  • Available for purchase in a central Michigan location

What's Special

Hastings serves as a central hub within Barry County, providing a steady environment for local commerce and professional services. This 2,000 square foot traditional office space at 145 W State Street is positioned to serve businesses looking for a functional footprint in this established Michigan community. The property offers a straightforward layout well-suited for professional firms, private practices, or administrative operations seeking a dedicated workplace in a regional market. The surrounding area benefits from consistent local activity and connectivity to major regional transit routes. Given its size and configuration, the asset accommodates a range of professional use cases, allowing occupants to customize the internal flow to suit their specific operational requirements. Investors and business owners will find this an accessible entry point into the Hastings commercial landscape, balancing central accessibility with the practicality required for day-to-day office functions. The space remains a viable candidate for owner-occupants looking to establish a permanent presence or investors interested in manageable office assets.

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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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