3149 Commerce Lane

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3149 Commerce Lane

ionia, MI 48846
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

3149 Commerce Lane is located in a developing commercial corridor on the southern edge of Ionia, Michigan. The property sits within a cluster of professional services and light industrial businesses, situated just off South State Road (M-66), which serves as the primary north-south arterial connecting the city to Interstate 96. Local amenities include national fast-food chains, agricultural supply stores, and community medical centers. The site offers convenient regional access for commuters traveling between Grand Rapids and Lansing, with high visibility to local traffic and ample space for freight deliveries or customer parking. The asset is suitable for hardware retailers, automotive showrooms, or specialty supply outlets requiring a mix of floor space and loading capabilities. Its layout aligns with the needs of businesses that benefit from being near established trade services and roadside retail hubs. The typical tenant profile includes mid-sized regional retailers, equipment rental companies, or essential service providers seeking to capitalize on the steady traffic flow generated by M-66. The surrounding demographics support businesses focused on both residential consumer goods and the local agricultural industry.

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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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