113 S Depot Street

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113 S Depot Street

Ionia, MI 48846
Asking Price
Contact for price
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 Ionia, Michigan.
  • Building interior spans 11,000 square feet of total space.
  • Property available for purchase by investors or business owners.
  • Situated within the established downtown commercial district area.
  • Structure provides flexible floor space for diverse retail operations.

What's Special

Investors and business owners seeking a retail footprint in Ionia, Michigan will find this 11,000 square foot storefront suitable for a variety of commercial ventures. The property at 113 S Depot Street provides a substantial footprint for operators looking to establish or expand a brick-and-mortar presence within this growing Ionia County community. Ionia maintains a traditional downtown character while benefiting from regional connectivity via nearby state highways, serving as a steady hub for local commerce and trade. The layout supports flexible retail operations, allowing for an efficient interior configuration that accommodates diverse inventory or service-based needs. Prospective buyers can leverage this size and positioning to capture local foot traffic in a central business district environment. This asset represents a functional addition to a commercial portfolio or an owner-user acquisition for those looking to anchor a business within the heart of the city.

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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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