Building Details

Year Built 1961

Listing Agency: NAI Wisinski of West Michigan Show Phone

Listed By: Connor Schultze · License #6501453214 Show Phone

Source: Exitrealty

Added: Apr 9, 2024 Changed: Aug 17 Last Checked: Aug 14 at 6:04AM

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Investment Insights

Based on property information with market context.

This property offers retail and office spaces with excellent visibility and signage opportunities. Located just outside downtown Hastings on State Street, it presents a prime location for businesses. Spaces range in size from 785 to 5,000 square feet, providing options for various business needs. Build-to-suit options are available, allowing for customized interiors that align with specific requirements. The property includes both upper and lower level options with elevator access, adding flexibility for tenants. There is also the potential for a drive-thru window.

Key Highlights

• Prime location on State Street just outside downtown Hastings with excellent visibility.
• Potential for a drive‑thru window.
• Signage opportunity.

Property Analytics

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Current Use

Edward Jones - Financial ... Financial Advisor Hastings Pharmacy Pharmacy Donald Eichholz Pharmacy

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Skin Care Clinic Bakery Home Appliance 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

NNN (Triple Net)

Lease Type

$2.39 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

514

Businesses Nearby

40k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 49% Home Improvements & Furnishings 38% Dining 13%

Hastings Ace Hardware Home Improvements & Furnishings

15,173 visits/mo 0.1 miles

Shell Shops & Services

10,815 visits/mo 0.2 miles

Huntington Bank Shops & Services

4,763 visits/mo 0.4 miles

Little Caesars Pizza Dining

4,061 visits/mo 0.4 miles

AutoZone Shops & Services

3,065 visits/mo 0.5 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail/office spaces with customization options in Hastings, Michigan.

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 $15.95 SF/Yr.

What are key features of this property?

This property features: Prime location on State Street just outside downtown Hastings with excellent visibility.; Potential for a drive‑thru window.; Signage opportunity.