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Historic Mixed-Use Theatre Building
For Sale
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27 S State Street, Hart, MI 49420

Original seating and box office details remain within the main-level theatre space.

Property Size7,400 SF
Price / SF$54.04
Days on Market13

Property Features for 27 S State Street

General Information

Standard status Active
Size 7,400 SF
Property subtype Business for Sale, Office, Retail, Land

Additional Details

Multifamily Units 3

Building Details

Year Built 1927
Buildings 1
Units 5
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Hart
Listed By: Sue Payne · License #MI
Source: Crexi
Added: Aug 8 Changed: Aug 16 Last Checked: Aug 18 at 6:03AM

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 Coldwell Banker Commercial Schmidt, Realtors Hart

Investment Insights

Based on property information with market context.

Built in 1927, this 7,400-square-foot mixed-use building retains key theatre elements, including original seating and the former box office. The main level has received improvements over time and remains configured around its theatre history, while the building also includes a full basement for storage and an outdoor living area.

Upper-level space includes a cry room and projection room that could be converted into an additional apartment with further improvements. The third level has four apartment units in its layout; two are combined and owner occupied, while the other two are rented. The property is positioned in the downtown corridor overlooking Hart Commons and Hart Lake, with views toward both the lake and downtown. The surrounding Commons includes live music and entertainment and is within the social district.

Key Highlights

  • 7,400‑square‑foot mixed‑use building constructed in 1927
  • Main level retains original theatre seating and box office
  • Third level includes 4 apartment units; 2 are combined and owner occupied, while 2 are rented

Property Analytics

Current Use

Dale And Gail's Music ... Art Gallery

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Bakery Garden Center (Bike/Boat/Book/etc) Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 49420, MI

6,295
Population
2,862
Households
2.2
Avg Household Size
43
Median Age
19%
College-Educated
88%
High-School Grad
117.5 sq mi
ZIP Area
54
Density / Sq Mi
$58,583
Median Household Income
$35,532
Median Earnings
$777
Median Rent
$153,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Original seating and box office details remain within the main-level theatre space.
Where is this mixed-use property located?
The property is located at 27 S State Street Hart, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 7,400‑square‑foot mixed‑use building constructed in 1927; Main level retains original theatre seating and box office; Third level includes 4 apartment units; 2 are combined and owner occupied, while 2 are rented
More about this property
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