2389 N State Road

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2389 N State Road

Ionia, MI 48846
Asking Price
$300K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront property located in Ionia Michigan
  • Total interior space measures 1,344 square feet
  • Asset listed for sale at 299,900 dollars
  • Located at 2389 N State Road within Ionia
  • Property sits at coordinates 43.0225 and -85.0762

What's Special

This retail storefront spans 1,344 square feet and is currently available for purchase in Ionia, Michigan. Situated at 2389 N State Road, the property provides a functional footprint suitable for various retail or commercial business operations. Ionia serves as a growing regional hub within Michigan, offering accessibility to local customer bases and a stable economic environment for small business owners and investors alike. The building layout accommodates a range of storefront configurations, making it a practical option for those seeking a dedicated space for goods or services in a central location. Proximity to local thoroughfares supports consistent visibility for commercial ventures in this market area.

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NOI
$80,000
Cap Rate
26.68%
DSCR
4.49
Strong
Cash-on-Cash
69.13%
Monthly Payment
$1,483.742
Annual Cash Flow
$62,195.101

Location & Travel Times