Fully Leased Retail Building For Sale!

Retail-Commercial for Sale
Catylist Listing ID: 30650938
Property Subtypes: Convenience Store, Free-Standing Building, Restaurant, Retail-Pad, Vehicle Related, Other
Building Size (RSF): 5,400 SF
Gross Building Area: 5,500 SF
Gross Land Area: 0.62 Acres
Sale Price: $590,000
Unit Price: $109.26 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

5,400 SF building for sale with three tenant suites- fully leased. Potential for Owner Occupancy in smallest suite. Located on W. State Street with solid traffic counts.

Two separate curb cuts for entrance/exits, with a large pylon sign for maximum visibility! Exterior of building has been recently renovated with new siding.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Barry
Taxing Authority: City of Hastings
Tax ID/APN: 08-55-001-177-00
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Recreation, Other
Property Located Between: W Apple St & W State St.
Property Visibility: Excellent
Largest Nearby Street: W State Street
Feet of Frontage: 127
Highway Access: 43
Airports: Hastings Airport
Site Description: Development
Area Description: Retail Corridor
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Roof Type: Hip
Construction/Siding: Brick
Total Parking Spaces: 28
Parking Type: Surface
Lot Frontage: 127
Lot Depth: 210
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,707 7,887 17,144
Median Age: 31.26 37.88 40.05
Households: 1,000 3,071 6,481


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