6029 Luce Avenue SE

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6029 Luce Avenue SE

Alto, MI 49302
Asking Price
Contact for price
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • The retail asset occupies a total area of 4,600 square feet.
  • This storefront property is situated in the town of Alto, Michigan.
  • The site supports a wide range of retail and service uses.
  • Alto remains part of the greater Grand Rapids metropolitan area market.
  • The building features a versatile layout suitable for commercial business operations.

What's Special

Spanning 4,600 square feet, this retail storefront at 6029 Luce Avenue SE in Alto, Michigan, presents a functional footprint for diverse commercial operations. The property sits within a community that benefits from the broader economic stability of the Grand Rapids metropolitan region. Its layout serves as a suitable environment for businesses requiring accessible street-level space, such as local boutique retail, professional service centers, or specialty showrooms. The surrounding area maintains a steady pace of activity, drawing from a local demographic that values convenience and neighborhood-focused commerce. Investors and business owners seeking an established footprint in this submarket will find the site well-positioned for consistent operations. With its straightforward design and versatile interior, the storefront accommodates various professional configurations, supporting long-term utility for a wide range of retail or service-oriented business models looking to solidify their presence in this Michigan location.

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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

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