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    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
    Updated: Aug 24, 2025
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

    502 State St, Hastings, MI 49058

    $349,000
    2,278 sqft 0.20 AC lot
    3 current tenants. Multiple listing under different categories (Residential, Commercial and Multifamily) unit #1 2 bedroom $1200/mo plus $200 utilities "central air" ; unit #2 large studio $950/mo plus $200 utilities unit #3 1 bedroom upstairs $950/ mo plus $200 utilities monthly utilities average $250 a month water average $ 75.00 month 2 new hot water heaters 2 new showers 2 new ovens 2 new refrigerators
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    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI
    Updated: Aug 24, 2025
    3 Unit Fully Leased Apartment - 502 W. State Street, Hastings MI

    502 State St, Hastings, MI 49058

    $349,000
    2,278 sqft 0.20 AC lot
    3 current tenants. Multiple listing under different categories (Residential, Commercial and Multifamily) unit #1 2 bedroom $1200/mo plus $200 utilities "central air" ; unit #2 large studio $950/mo plus $200 utilities unit #3 1 bedroom upstairs $950/ mo plus $200 utilities monthly utilities average $250 a month water average $ 75.00 month 2 new hot water heaters 2 new showers 2 new ovens 2 new refrigerators
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Hastings, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Building
    Live-Work Building

    653655 653-655 Lake St, Kalamazoo, MI 49001

    $120,000
    5,582 sqft

    LW1 zoning supports residential, commercial, or combined use within the building.

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    Multi-Building Live-Work and Rental
    Multi-Building Live-Work and Rental

    314 & 316 Western Avenue, Allegan, MI 49010

    $400,000
    5,610 sqft 0.80 AC lot

    Property includes multiple buildings on four city lots, with one building used for service and distribution and another for multifamily rentals.

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    Contiguous Mixed-Use Redevelopment Buildings
    Contiguous Mixed-Use Redevelopment Buildings

    110 106 Locust Street, Allegan, MI 49010

    $349,900
    6,600 sqft

    Two contiguous downtown properties at 106 and 110 Locust Street are offered together for mixed-use redevelopment potential.

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    Mixed-Use Property with Retail Space
    Mixed-Use Property with Retail Space

    5928 E Michigan Avenue, Kalamazoo, MI 49048

    $109,900
    1,076 sqft 0.20 AC lot

    B-3-zoned building offering retail use with potential live-work occupancy and off-street parking.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Kalamazoo Land For Sale
    Kalamazoo Land For Sale

    209 E North Street, Kalamazoo, MI 49007

    $55,000
    0.16 AC lot

    Land zoned Live Work 1 with downtown views.

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    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

    View details

    Hastings, MI Live-Work Space Market Trends and Statistics

    Explore 2 live-work space for sale in Hastings, MI on our real estate platform. These investment opportunities span a total of 4,556 square feet of properties for sale, with an estimated market value of $698,000.

    Sale prices for live-work properties in Hastings, MI average $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 7
    Office buildings 3
    Medical Office Space 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) +2.3%
    Median Household Income $71,169
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

    Identify Hastings submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49058 $349K

    Taxes & Financing

    Tax Rate (average for all types) 4.32%
    Property Tax per SF $68.58 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Barry County

    New Delisted

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