Financial
Distress signals
Property profile

126 W State St Hastings, MI 49058

FOR SALE
Retail space
Property ID
US43-4428109
5,016 SF 0.06 ac lot Built 1871
Last sale Jul 2019 · $28,600
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story historic storefront building located at 126 W. State St. in downtown Hastings, Michigan, with redevelopment potential. Constructed in 1856 (per the City of Hastings), the property has housed retail uses for many decades and includes a full basement for storage. The upper floor features large windows and is configured to support potential conversion back to residential living space. The building includes street and rear facades appropriate for exterior improvement, and may qualify…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value · 2024$129k
Effective rate6.35%

Value estimate

· Sep 2026
$235k
$212k – $259k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
General categoryCOMMERCIAL
JurisdictionBARRY

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.9
Tailor Shop9.4
Daycare Center9.0

Location

126 W State St Hastings, MI 49058
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
306 Ct, Hastings, MI 49058-1907 $245,000 Mar 2025 4,000 SF
221 Ml, Hastings, MI 49058-1468 $162,500 Nov 2024 3,614 SF
50 M 37th, Hastings, MI 49058-7210 $400,000 Jan 2022 4,200 SF
241 State, Hastings, MI 49058-1431 $90,000 Jan 2021 5,240 SF
205 Jefferson, Hastings, MI 49058-1827 $140,000 Dec 2019 4,400 SF
128 Ct, Hastings, MI 49058-1821 $75,000 Sep 2019 2,984 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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