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Historic Mixed-Use Theatre Building
For Sale
$399,900

27 S State Street, Hart, MI 49420

Commercial Sale, Hart, MI

Property Size7,400 SF
Lot Size0.08 Acres
Price / SF$54.04
Days on Market49

Property Features for 27 S State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Basement, Bathroom 5
Elementary school district Hart
Middle school district Hart
High school district Hart
Directions Polk Rd to State St, north to property. Downtown Hart.
Standard status Active
APN 64-020-208-005-00
Size 7,400 SF
Lot size 0.08 Acres

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 Phone Available
Heating system Forced Air
Water front features Lake
Water front 1

Building Details

Year built 1927
Floors in Building 3
Number of units 5
Building materials Block, Brick
Roof type Rubber
Listing Agency: Coldwell Banker Woodland Schmidt-Hart
Listed By: Sue Payne · License #6502361706
Added: Aug 7 Changed: Sep 16 Last Checked: Sep 24 at 6:06PM
MLS# 26041375

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.

Investment Insights

Based on property information with market context.

Built in 1927, this 7,400-square-foot mixed-use property retains original theatre elements, including seating and a box office, alongside updates completed during the current ownership. The building includes a main-level theatre area, projection and “cry room” spaces, a full basement, and an outdoor living area. Forced-air heating, a rubber roof, block and brick construction, and six bathrooms are also present.

The property occupies 0.08 acres at 27 S State Street in downtown Hart, overlooking Hart Lake and Hart Commons. The upper levels include residential space, with two third-level apartment areas currently combined and owner occupied, while two others are rented. Additional upper-level area may accommodate another apartment with improvements. The building has hosted film screenings and live music performances and is located within the downtown social district.

Key Highlights

  • 7,400‑square‑foot mixed‑use building constructed in 1927
  • Original theatre seating and box office remain in place
  • Third level offers potential for 4 apartment units; two are combined and two are rented

Property Analytics

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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.

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
View Realmo Analytics

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 - Downtown property combining a preserved theatre interior with upper-level residential space and lake-facing outdoor areas.
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; Original theatre seating and box office remain in place; Third level offers potential for 4 apartment units; two are combined and two are rented
More about this property
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