108 N State Street

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108 N State Street

Sparta, MI 49345
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office building totaling 2,314 square feet of space
  • Located centrally at 108 N State Street in Sparta
  • Asset is currently available for purchase on the market
  • Positioned within the established Grand Rapids metropolitan region
  • Suitable for administrative, professional, or consultative business uses

What's Special

Sparta serves as an established community within the Grand Rapids metropolitan area, balancing small-town character with accessible regional connectivity. Positioned at 108 N State Street, this 2,314-square-foot traditional office building provides a functional workspace within the local business district. The property layout supports conventional administrative operations, professional services, or private consultation practices looking for a dedicated commercial footprint in this growing suburban market. Businesses operating here benefit from proximity to major transit routes that link the immediate area to broader regional economic hubs. This asset represents a straightforward acquisition for an owner-user or an investor targeting smaller-scale commercial office space. The building configuration accommodates a variety of professional office configurations, allowing for efficient floor plan utilization suited to modern business requirements.

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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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