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Mixed-Use Theatre and Apartments

27 S State Street, Hart, MI 49420

For Sale
New
$399,900

Multi Family, Hart, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market2

Property Features for 27 S State Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Commercial
Bedrooms 4
Full bathrooms 5
Half bathrooms 1
Rooms Bathroom 2, Bathroom 4, Bedroom 1, Basement, Bathroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 1
Basement Full
Elementary school district Hart
Middle school district Hart
High school district Hart
Directions US 31 to Hart. Easton Polk Rd to State St, north to property. Downtown Hart.
Standard status Active
APN 64-020-208-005-00
Lot size 0.08 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CITY OF HART N 26 FT OF LOT 5 EX W 12 FT BLK 8.
Tax Annual Amount 1882
Legal Description CITY OF HART N 26 FT OF LOT 5 EX W 12 FT BLK 8.

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Forced Air
Water front features Lake
Water front 1

Amenities

outdoor living area
full basement for storage

Building Details

Year built 1927
Number of units 5
Building materials Block, Brick
Roof type Rubber
Buildings 1
Listing Agency: Coldwell Banker Woodland Schmidt-Hart
Listed By: Sue Payne · License MI #6502361706
Added: Nov 12 Last Checked: Nov 13 at 11:06PM
MLS# 26060029

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1927, this mixed-use property combines a former movie theatre with residential space. The main floor retains some original theatre seats and its box office, alongside improvements made over the years. An upper-level cry room and projection room could be adapted into another apartment with further work. On the third floor, two apartment units are combined and occupied by the owner; two others are rented. A full basement provides storage. The property also has an outdoor living area, forced-air heating, block and brick construction, a rubber roof, and public sewer service.

At 0.08 acres, the building sits in Hart’s downtown corridor, faces Hart Commons, and has views of Hart Lake and downtown. Hart Commons hosts live music and entertainment and is within the social district. Cable is available. The front entry ceiling and tile are scheduled for replacement in September.

Key Highlights

  • 1927 construction; mixed‑use building with theatre and apartment space
  • Some original theatre seating and the box office remain on the main floor
  • Third floor has four apartments: two combined and owner‑occupied, two rented

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Dale And Gail's Music ... Art Gallery

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Bakery Kitchen & Bath Showroom 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic movie-house space, upper-level residential areas, and a basement occupy a downtown property overlooking Hart Lake.
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: 1927 construction; mixed‑use building with theatre and apartment space; Some original theatre seating and the box office remain on the main floor; Third floor has four apartments: two combined and owner‑occupied, two rented
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