Downtown Hastings Storefront with Redevelopment
For Sale
$599,000
130 W State St, Hastings, MI 49058
Triple storefront in downtown Hastings with redevelopment opportunities.
Property SizeContact for details
Days on Market153
Property Features for 130 W State St
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$4,976
Building Details
Year Built
1856
Units
3
Listing Agency:
Real Estate Plus
Listed By:
Michael G Kothe
(616) 299-3868
Source:
Elliman
Added: Apr 27
Changed: Aug 8
Last Checked: Aug 8 at 3:35PM
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 property features a triple storefront located in downtown Hastings, Michigan, offering redevelopment potential. The sale includes 126, 130, and 134 W. State St. The easternmost suite, located at 126 W. State St., dates back to 1856 according to the City of Hastings and includes an upper floor with grand windows that could be converted back to living space. All three suites have full basements providing abundant storage. The new owner may qualify for grant funds to improve both the street and rear facades. Plus, there may be grant funds available to return the upper floor of 126 W. State St. to residential use. The property has been a successful retail space for many decades. The seller may entertain selling the three spaces separately. The bike score is 49, indicating it is somewhat bikeable, and the walk score is 64, indicating it is somewhat walkable.
Key Highlights
- Triple storefront in downtown Hastings offering significant redevelopment potential.
- Includes three addresses: 126, 130, and 134 W. State St.
- Potential grant funds available for facade improvements (street and rear).
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Floral Designs of Hastings — 110 W State St, Hastings, MI 49058
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Frequently Asked Questions
What type of property is this?
Storefront property - Triple storefront in downtown Hastings with redevelopment opportunities.
Where is this storefront property located?
The property is located at 130 W State St Hastings, MI.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Triple storefront in downtown Hastings offering significant redevelopment potential.; Includes three addresses: 126, 130, and 134 W. State St.; Potential grant funds available for facade improvements (street and rear).
