502 W State Street Hastings, MI 49058
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Colonial,Early American
Listing Status Active
Purchase Type For Sale
Square Footage 2,278 sqft
Price per Sqft $153
Subdivision Orig Plan Of The Village Of The City Of Hastings
MLS Listing ID 20251027913
Style Colonial,Early American
Bedrooms 2
Full Baths 2
Half Baths 1
Year Built 1900
Annual Tax Amount $5,799
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 68 X 133 X 67 X 133
Property Sub-Type Colonial,Early American
Source Realcomp II Ltd
Property Description
Unlock the potential of this rare gem in the heart of the city's vibrant PUD district! This versatile three-unit property is zoned for apartment, commercial, and office use, making it a dream opportunity for entrepreneurs, small business owners, or savvy investors.
Currently, the property is fully occupied by three separate tenants: two charming 1-bedroom units and a spacious 2-bedroom unit, ensuring steady rental income from day one. The flexible zoning allows you to reimagine the space as a boutique office, creative studio, or continue as a multi-family rental—tailor it to your vision!
Many updates to include 2 new hot water heaters, 2 new showers. 2 new Range ovens, 2 new refrigerators.
Step outside and you're tenants just moments from the best of downtown Hastings. Enjoy proximity to local favorites like Walldorff Brewpub & Bistro, Seasonal Grille, and the historic Barry County Courthouse. Daily conveniences are at their fingertips with Family Fare Supermarket and Walgreens nearby, while the Thornapple River Walk and Tyden Park offer scenic escapes just blocks away.
Whether you're looking to expand your investment portfolio or launch your next business venture, 502 W. State Street delivers unmatched flexibility, location, and income potential. Don't miss your chance to own a cornerstone property in one of Hastings' most dynamic neighborhoods!
Proforma available based on current rents and expenses.
Location
State MI
County Barry
Area Hastings
Zoning Commercial,Multiple,Office
Direction Located on SE corner of S. Washington and W. State Street
Rooms
Basement Unfinished
Interior
Interior Features 220 Volts, Circuit Breakers, Laundry Facility
Hot Water Natural Gas
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Awning/Overhang(s), Lighting
Garage Spaces 12.0
Roof Type Asphalt
Accessibility Accessible Approach with Ramp, Accessible Common Area, Accessible Doors, Accessible Entrance, Common Area, Customized Wheelchair Accessible, Grip-Accessible Features, Other Accessibility Features
Porch Porch - Covered, Porch, Breezeway, Covered
Road Frontage Paved, Pub. Sidewalk
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Colonial, Early American
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District Hastings
Others
Pets Allowed No
Tax ID 5500120500
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2024
Listing Terms Cash, Conventional
Financing Cash,Conventional
