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Four-Unit Office Building For Sale
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450 Meadow Run Dr, Hastings, MI 49058

Well-maintained office building with ample parking near M-37.

Property Size4,896 SF
Price / SF$102.12
Days on Market162

Property Features for 450 Meadow Run Dr

General Information

Standard status Active
Size 4,896 SF
Class B
Property subtype Office
Zoning GC
Occupancy 100%
Lease Type Gross
Investment Type Stabilized
Net Operating Income $41,320

Building Details

Year Built 1995
Year Renovated 2020
Buildings 1
Stories 1
Units 4
Tenancy Multi
Listing Agency: Keller Williams Grand Rapids
Listed By: Roger Ackerman · License #MI 6501295615
Source: Crexi
Added: Mar 3 Changed: Aug 8 Last Checked: Aug 11 at 3:30PM

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 Keller Williams Grand Rapids

Investment Insights

Based on property information with market context.

This is a four-unit office building located south of downtown Hastings, positioned just off M-37. The single-story brick building is well-maintained and features a large parking lot with 32 spaces, including 4 handicapped spaces. Recent updates include a new roof, septic system, gutters, and resealed parking lot. The property is situated along the highly traveled M-37, with a private drive leading back to the complex. The building has a total size of 4896 square feet.

Key Highlights

  • High‑traffic location on M‑37
  • Large parking lot with 32 spaces plus 4 handicapped spaces
  • Well‑maintained single‑story brick building

Property Analytics

Current Use

American Red Cross ... Charitable Organization Meadow Run Holistic ... Crisis Center Dale R. Anderson, ... Counselor Vicki L. Shumaker, ... Foster Care Service Pine Rest Hastings ... Crisis Center

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Big Box & Wholesale Store Spa & Massage Center

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

113
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office building with ample parking near M-37.
Where is this office building located?
The property is located at 450 Meadow Run Dr Hastings, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: High‑traffic location on M‑37; Large parking lot with 32 spaces plus 4 handicapped spaces; Well‑maintained single‑story brick building
(810) 423-9296 Call to check price and availability
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