1510 Broadway StHastings, MI 49058

Property Details for 1510 Broadway St

Year built

1971

Lot size

0.92 AC

Property size (Sq ft)

4,812 SF

Zone code

A-O

Property type

Medical offices

Property subtype

Medical centers

APN

08-55-135-004-00

APU

85513500400

Description

This exceptional 2,700 square foot medical office suite, located within the larger 4,912 square foot Northland Professional Building in Hastings, Barry County, presents a unique leasing opportunity. The single-tenant space boasts an incredible location offering high visibility and excellent accessibility, ensuring strong patient traffic. The building's strategic placement within the city guarantees prominent exposure and convenient access for patients and staff. A thriving dental practice is already established as a neighboring tenant, creating a synergistic environment and potentially attracting a similar clientele. This property is ideal for a variety of medical practices seeking a well-situated, readily available space. The suite will be available for occupancy this coming June. The building itself is a well-maintained structure, providing a professional and welcoming atmosphere for both patients and staff. The ample square footage allows for flexible layout options to accommodate the specific needs of a medical practice, whether it requires multiple exam rooms, administrative space, or a combination thereof. This is a rare opportunity to secure a prime medical office space in a desirable location with excellent visibility and a strong neighboring tenant. The property's single-tenant occupancy ensures a focused and controlled environment. Interested parties are encouraged to inquire promptly to secure this exceptional space. The total building size is 4,912 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $301,029

  6.5%

  $277,873

  7%

  $258,025

• Comparable approach

  Method

  Valuation

  Relative Method

  $626,763

  Geo Method

  $626,763

• Alternative Use

  Use

  Valuation

  Residential

  $344,562

  Hospitality

  $315,617

  Educational

  $262,590

  Medical

  $271,621

  Retail

  $408,473

Location Insight

City

Hastings

County

Barry

State

Michigan

Latitude

42.662

Longitude

-85.2912

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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