Downtown Hastings Storefront with Redevelopment
For Sale
$265,000
126 W State Street, Hastings, MI 49058
Two-story storefront in downtown Hastings with redevelopment potential.
Property Size3,520 SF
Days on Market151
Property Features for 126 W State Street
General Information
Standard status
Active
Size
3,520 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,725
Building Details
Building Size
3,520 SF
Year Built
1856
Buildings
1
Stories
3520
Units
2
Listing Agency:
Real Estate Plus
(616) 299-3868
Listed By:
Michael G Kothe
(616) 299-3868
Source:
Thebrokeragehouse
Added: Mar 29
Changed: Aug 23
Last Checked: Aug 25 at 8:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Plus
Investment Insights
Based on property information with market context.
This two-story storefront is located in downtown Hastings, Michigan, and offers redevelopment potential. The property, situated at 126 W. State St., has served as a retail space for many decades. Constructed in 1856, according to the City of Hastings, the building features a full basement for storage. The upper floor, characterized by grand windows, could be converted back to living space. The new owner may qualify for grant funds to improve the street and rear facades, and additional grant funds may be available to return the upper floor to residential use. The location has a walk score of 64, indicating it is somewhat walkable, and a bike score of 49, indicating it is somewhat bikeable.
Key Highlights
- Prime downtown location in quaint Hastings, Michigan.
- Significant redevelopment potential for various uses.
- Grant funds may be available for facade improvements and residential conversion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
62k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 34%
Home Improvements & Furnishings 24%
Electronics 3%
Hastings Ace Hardware
Home Improvements & Furnishings
15,173 visits/mo
0.1 miles
Wendy's
Dining
14,270 visits/mo
0.5 miles
Shell
Shops & Services
10,815 visits/mo
0.1 miles
Pizza Hut
Dining
5,152 visits/mo
0.4 miles
Huntington Bank
Shops & Services
4,763 visits/mo
0.2 miles
Demographics for 49058, MI
19,422
Population
8,337
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
92%
High-School Grad
147.6 sq mi
ZIP Area
132
Density / Sq Mi
$71,169
Median Household Income
$40,868
Median Earnings
$928
Median Rent
$210,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Floral Designs of Hastings — 110 W State St, Hastings, MI 49058
- Barlow Florist — 109 W State St, Hastings, MI 49058
Frequently Asked Questions
What type of property is this?
Storefront property - Two-story storefront in downtown Hastings with redevelopment potential.
Where is this storefront property located?
The property is located at 126 W State Street Hastings, MI.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Prime downtown location in quaint Hastings, Michigan.; Significant redevelopment potential for various uses.; Grant funds may be available for facade improvements and residential conversion.
