2555 N State Road

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2555 N State Road

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 property available for acquisition in Ionia, Michigan.
  • Building offers a total of 6,016 square feet of space.
  • Located conveniently on N State Road with high accessibility.
  • Suitable for various retail, service, or commercial business applications.
  • Positioned within a growing and accessible regional submarket area.

What's Special

This retail storefront in Ionia, Michigan, is currently available for purchase and presents a functional acquisition for investors or owner-occupants seeking a presence in this growing market. The property encompasses 6,016 square feet of space positioned along N State Road, providing visibility in a corridor that serves the local population. Given the regional economic climate and the layout typical of storefront assets, this site is suitable for traditional retail operations, service-based businesses, or adaptive reuse concepts that require a dedicated street-level footprint. The surrounding submarket in Ionia benefits from its position within the broader metro area, maintaining steady access to the regional highway network. Prospective buyers can leverage the existing structure to establish a long-term commercial foothold in a location that supports diverse business activities. The configuration allows for flexible interior arrangements tailored to specific trade requirements, making it a practical choice for businesses looking to expand their operational capacity in mid-Michigan.

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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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