6500 Lake Michigan Drive

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6500 Lake Michigan Drive

Allendale, MI 49401
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront available for purchase in Allendale Michigan
  • Located along the primary Lake Michigan Drive corridor
  • Positioned within the growing Grand Rapids metropolitan area
  • Property offers flexible space for various retail applications
  • Suitable for professional services or neighborhood consumer brands

What's Special

Allendale serves as a growing suburban hub within the Grand Rapids metropolitan area, benefiting from steady regional growth and proximity to major academic institutions. This storefront retail property positioned at 6500 Lake Michigan Drive provides a functional footprint for businesses looking to establish a presence in this active corridor. The location experiences consistent local traffic flow, making it well-suited for neighborhood retail, professional services, or boutique commercial operations seeking visibility in a stable community environment. Investors and business owners can leverage the property layout to accommodate various retail configurations. The building offers potential for brands targeting both local residents and commuters navigating the Lake Michigan Drive transit artery. With its strategic placement in a developing submarket, this asset represents a straightforward acquisition for those looking to expand their portfolio or secure a permanent physical storefront in the Michigan market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times