301 W Washington Street

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301 W Washington 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 available for purchase in Ionia, Michigan.
  • Property is situated at 301 W Washington Street.
  • Strategic location serves a steady local consumer base.
  • Versatile floor plan supports diverse retail and service operations.
  • Positioned within an established, accessible downtown commercial corridor.

What's Special

Establish a local business presence at 301 W Washington Street in Ionia, Michigan. This retail storefront occupies a central position in a historic community, providing direct access to a steady flow of local residents and regional visitors. The layout accommodates various retail concepts, from specialized boutiques to local service providers, benefiting from its street-level visibility. Ionia maintains a traditional downtown character supported by a mix of independent businesses and essential service providers. The surrounding submarket offers a stable environment for commercial investment, positioned to serve the immediate population base and travelers navigating through the county seat. Prospective owners and investors will find this property well-suited for businesses looking to anchor themselves in an accessible commercial district that values consistent foot traffic and community engagement.

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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

Location & Travel Times