6708 Promenade Street

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6708 Promenade Street

Rockford, MI 49341
Asking Price
$295K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront available for purchase at 6708 Promenade Street.
  • Property is situated in the Rockford community in Michigan.
  • Asset is currently offered at an asking price of $295,000.
  • Strategic location supports diverse retail and professional business uses.
  • Subject property is located within the 49341 zip code area.

What's Special

This retail storefront at 6708 Promenade Street in Rockford, MI, presents a functional asset for investors or business owners looking to establish a footprint in the local market. The property is positioned within a suburban environment that benefits from regional economic stability and proximity to Grand Rapids metropolitan infrastructure. Its design allows for versatile commercial applications, making it suitable for professional services, boutique retail operations, or specialized consumer-facing businesses seeking accessibility. The surrounding area maintains a steady demographic base, providing a consistent flow of potential customers and workforce talent for a variety of small-scale commercial ventures. With a straightforward layout, the space is adaptable to the specific operational requirements of a tenant or owner-occupant looking to capitalize on a clear market presence in the Rockford corridor. This commercial real estate asset offers a practical entry point for those aiming to secure a permanent retail location within a well-connected Michigan submarket.

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NOI
$80,000
Cap Rate
27.12%
DSCR
4.57
Strong
Cash-on-Cash
70.61%
Monthly Payment
$1,459.499
Annual Cash Flow
$62,486.011

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