710 W Cherry Street

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710 W Cherry Street

Wayland, MI 49348
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 encompasses 3,456 square feet of interior space.
  • Property is situated at 710 W Cherry Street in Wayland.
  • The storefront layout supports diverse retail and service business models.
  • This location serves the growing suburban market of Wayland.
  • The facility is available for purchase in a convenient location.

What's Special

This 3,456-square-foot storefront at 710 W Cherry Street provides a functional retail space for businesses operating in Wayland, Michigan. The property is positioned to serve the local community within this growing suburban market in the metro area, where established infrastructure supports steady regional commerce. The building layout accommodates various retail operations or service-oriented businesses seeking a visible physical presence in the city. Investors and business owners evaluating storefront options will find this site suitable for traditional retail trade, boutique services, or specialty consumer goods. The surrounding area features accessibility to residential and commercial hubs, facilitating consistent customer traffic. Given the manageable footprint, the asset functions well for owner-occupants looking to establish a permanent base of operations or for investors targeting a versatile commercial holding in an accessible 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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