725 W State St

Retail-Commercial for Sale
Catylist Listing ID: 30208855
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, 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: $595,000
Unit Price: $110.19 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/13/2018

Overview / Comments

5,400 SF building for sale with three tenant suites currently leased. Located on W. State Street with solid traffic counts of over 12,900 vehicles daily! 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-Wyoming
County: Barry
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
Traffic/Vehicle Count: 15,800
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

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

Contact

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