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Listing provided courtesy of Miller Real Estate- MLS# 26024962MLS Provider

201 S Jefferson StreetHastings, MI 49058

Commercial · 3 Full Baths · 7,920 Sq. ft. | 0.09 Acres
$899,000 Active

201 S Jefferson Street Overview

Time on Site:
34 days
Visits:
0

Rare opportunity to acquire a turnkey, income-producing sports bar and grille in the heart of downtown Hastings. Kloosterman's Sports Tap Bar & Grille has operated successfully for over a decade at the high-visibility corner of S. Jefferson and Court Street, right in the HOPS Social District. This sale includes real estate, all business assets, goodwill, inventory, furniture, liquor license, and most decorations. The 7,920 sq ft building, originally constructed in 1884, features 16 TVs, 12 beers on draft, a pool table, and a coin operated arcade game. The menu centers on the restaurant's signature fried chicken with a full bar and grille program that keeps locals coming back. Rated 4.5 stars on Yelp. Zoned B-1. 0.093-acre lot in an accessible downtown location with strong foot traffic and community events. Cash at closing. Seller is an LLC. Business is currently operating, please do not disturb staff or ownership.

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201 S Jefferson Street Facts & Features

  • Type Commercial
  • Sq. ft. 7,920
  • Price/Sq.ft. $114
  • Lot 0.09 Acres

Details

General

Building Information

  • New Construction: No
  • Year Built: 1884

Location/Region

  • County Or Parish: Barry

Tax Information

  • Tax Annual Amount: 7960.0

General Information

  • Parcel Number: 08-55-201-173-00
  • Property Sub Type: Business
  • Property Type: Commercial Sale

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Total: 3

Building Interior

  • Building Area Total: 7920.0

General Information

  • Building Features: Barrier Free
  • Foundation Details: None,Concrete Perimeter
  • Stories Total: 2

Exterior

Lot Information

  • Lot Size Dimensions: 44 x 92
  • Lot Size Square Feet: 4051.0
  • Lot Size Units: Acres
  • Road Surface Type: Paved

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Block,Brick,Stone
  • Roof: Rubber

General Information

  • Number Of Units Total: 1
  • Utilities: Phone Available,Natural Gas Available,Electricity Available,Phone Connected,Natural Gas Connected,Electricity Connected

201 S Jefferson Street Neighborhood

Community

49058 (Hastings) Demographics

40
Median Age
130
Population Density (per sq. mile)
31%
College Educated
$59,183
Estimated Median Income
6,299
Estimated Total Home Owners
1,407
Estimated Total Renters
82% / 18%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

201 S Jefferson Street Monthly Cost

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$ %
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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

201 S Jefferson Street Market Data

Based on the last 30 days in this zip code

$346,868
Average List Price
$188
Average Price per Square Foot
25
Properties Sold
51
Average Days on Market
141
Properties for Sale
Calculations provided by Reliance Network