Retail/Office Space with
For Lease
$16 SF/Yr
400 W State Street #2A, Hastings, MI 49058
Flexible upper and lower level retail or office space with elevator access and signage potential near downtown Hastings.
Property Size1,023 SF
Days on Market843
Property Features for 400 W State Street #2A
General Information
Standard status
Active
Size
1,023 SF
Lease Type
/mo
Lease Term
Triple Net Lease
Additional Details
Lease Term
120 months
Amenities
elevator access
Building Details
Building Size
1,023 SF
Year Built
1961
Listing Agency:
NAI Wisinski of West Michigan
(269) 370-6437
Listed By:
Connor Schultze · License #6501453214
(269) 370-6437
Source:
Sabudarealty
Added: Apr 9, 2024
Changed: Jul 28
Last Checked: Jul 30 at 1:08PM
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 NAI Wisinski of West Michigan
Investment Insights
Based on property information with market context.
This retail/office space offers flexible configurations with options on both upper and lower levels, including elevator access. The space provides an opportunity to customize interiors with build-to-suit options to align with tenant needs. There is also potential for a drive-thru window and a signage opportunity at the property.
Located on W State Street just outside downtown Hastings, the space benefits from visibility along the street and proximity to the downtown area.
The property is available for lease with a stated lease term of 60 to 120 months, and space sizes are reported to range from 785 to 5,000 square feet across available options.
Located on W State Street just outside downtown Hastings, the space benefits from visibility along the street and proximity to the downtown area.
The property is available for lease with a stated lease term of 60 to 120 months, and space sizes are reported to range from 785 to 5,000 square feet across available options.
Key Highlights
- Retail/office space built in 1961 with flexible upper and lower level options
- Elevator access for both upper and lower level spaces
- Multiple available spaces ranging from 785 to 5,000 SF
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Hastings, MI
$18.8 /SF/Yr
Avg Asking Price
$16–$23 /SF/Yr
Price Range
1,429 SF
Avg Space Size
This space is priced 15% below the average of $18.8 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible upper and lower level retail or office space with elevator access and signage potential near downtown Hastings.
Where is this retail space located?
The property is located at 400 W State Street #2A Hastings, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Retail/office space built in 1961 with flexible upper and lower level options; Elevator access for both upper and lower level spaces; Multiple available spaces ranging from 785 to 5,000 SF