6870 Old Town Square NE

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6870 Old Town Square NE

Rockford, MI 49341
Asking Price
$499K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront located in the city of Rockford, Michigan
  • Asset available for purchase at an asking price of 499,000
  • Positioned within the established local commercial hub of Old Town Square
  • Property is well-suited for diverse retail business operations
  • Located in the broader Grand Rapids metropolitan region

What's Special

Retail storefront operations benefit from the visibility offered by this property situated at 6870 Old Town Square NE in Rockford, Michigan. This asset provides a versatile environment for business owners seeking a presence in a established community. The location benefits from the steady economic activity found in the northern suburbs of the Grand Rapids metropolitan area, an region known for its diversified industrial base and growing population. Entrepreneurs and investors alike can utilize this space to accommodate various retail concepts, ranging from boutique services to consumer goods outlets. The storefront structure allows for adaptable interior layouts suited to changing market demands. Proximity to local infrastructure supports consistent accessibility for both customers and logistics. With its functional design and strategic positioning within the town square, the building presents a practical acquisition for parties looking to secure a foothold in the local commercial real estate market.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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