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KFC Restaurant with Lease In Place
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1320 W State St, Hastings, MI 49058

Vacant KFC is offered with equipment in place and a lease continuing through 9-30-2038 on a B2 zoned site.

Property Size3,093 SF
Lot Size1.13 Acres
Price / SF$436.47
Days on Market206

Property Features for 1320 W State St

General Information

Standard status Active
Size 3,093 SF
Lot size 1.13 Acres
Property subtype RETAIL
Zoning B2

Building Details

Tenancy Single
Listing Agency: JLL | Detroit
Listed By: Robert Mihelich · License #6501237599
Source: Moodyscre
Added: Feb 20 Changed: Sep 3 Last Checked: Sep 14 at 11:28AM

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 JLL | Detroit

Investment Insights

Based on property information with market context.

This property is a vacant KFC restaurant with a lease in place through 9-30-2038, and equipment currently in place. The site is offered on a 1.13-acre parcel in B2 general business zoning, providing flexibility for an owner-operator or redevelopment planning.

The property is located at 1320 W State St in Hastings, MI 49058, described in the listing remarks as being on the Hastings Western Gateway and in a highly trafficked area.

The building size is listed as 3,093 square feet, and the offering is structured as a for-sale transaction.

Key Highlights

  • Vacant KFC building with lease in place through 9‑30‑2038
  • Equipment included
  • B2 general business zoning

Property Analytics

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Current Use

Baseball Field Sports Field & Court

Suggested Use

Top Pick HVAC Service Storage Facility Grocery & Convenience Store Locksmith Auto Parts Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Vacant KFC is offered with equipment in place and a lease continuing through 9-30-2038 on a B2 zoned site.
Where is this conventional restaurant located?
The property is located at 1320 W State St Hastings, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Vacant KFC building with lease in place through 9‑30‑2038; Equipment included; B2 general business zoning
(248) 581-3366 Call to check price and availability
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