Commercial Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30421634
Property Subtypes: Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 7,588 SF
Gross Building Area: See Agent
Sale Price: $349,900
Unit Price: $46.11 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 8/27/2019

Overview / Comments

These 3 contiguous downtown storefronts are in the heart of Hastings, & offer more than 7,500 square feet of space. The owners of this multi-generation family owned appliance store have decided it is time to retire. They are giving you the opportunity to be a part of the downtown business scene. These 3 store fronts offer endless opportunities including: owner & operate your own business, use part of the buildings for your business & rent the other parts, invest in the buildings & rent them all, and great potential for upstairs apartments over one of the buildings. The seller would also entertain a buyer for not only the real estate, but also the inventory, fixtures & business if there is interest. Come be a part of one of America's Top 100 small towns.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Barry
Taxing Authority: City of Hastings
Tax ID/APN: 085520112100 & 085520112000 & 085520111900
Zoning: B-1
Retail Clientele: Business
Property Located Between: Between Church St. and Jefferson St.
Property Visibility: Excellent
Largest Nearby Street: Broadway St.
Highway Access: Easy Access to M-37 Hwy and M-43 Hwy.
Site Description: 3 contiguous downtown storefronts.
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Good
Year Built: 1856
Construction/Siding: Block, Concrete
Parking Type: Surface
Parking Description: Parking in the front of store and also a city parking lot behind the store.
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 0.197
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Lengthy Legal. In the Listing Office.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,707 10,265 17,144
Median Age: 31.26 39.28 40.05
Households: 1,000 4,029 6,481


Photograph of Listing Agent

Justin Peck

Miller Real Estate Not a member of CARWM
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.