15 E Averill Street NW

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15 E Averill Street NW

Sparta, MI 49345
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 property measures 450 square feet of total space.
  • This storefront is located at 15 E Averill Street NW.
  • Sparta is situated within the active Grand Rapids metropolitan market.
  • The asset is currently available for purchase as a retail unit.
  • Small-scale retail use cases are ideal for this compact storefront.

What's Special

Small-scale retail operations and boutique storefront businesses find a practical home in this 450-square-foot property. Situated at 15 E Averill Street NW in Sparta, Michigan, the unit provides a compact footprint suitable for specialized retail services or a focused service-based business. The storefront occupies a position within the local Sparta community, which benefits from its identity as a growing residential and commercial hub within the broader Grand Rapids metropolitan region. Its manageable size ensures low overhead for business owners seeking a physical presence in a functional retail corridor. Given the regional emphasis on supporting local business growth, this storefront serves as a viable option for entrepreneurs or investors targeting the underserved retail niche. The layout accommodates a range of inventory or client-facing needs while maintaining proximity to essential town amenities and regional transit routes.

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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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