322 W Main Street

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322 W Main 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 spanning 1,900 square feet of usable space.
  • Property address located at 322 W Main Street in Ionia.
  • Situated in the central downtown commercial corridor of Ionia.
  • Versatile layout appropriate for retail or service-oriented business use.
  • Positioned within a stable regional Michigan commercial market area.

What's Special

This 1,900 square foot retail storefront at 322 W Main Street in Ionia, Michigan, presents a functional space for business operations. Situated along the primary commercial corridor of the city, the property benefits from the established foot traffic and local visibility inherent to the downtown submarket. Ionia functions as a central hub within the region, drawing consistent activity from the surrounding county residents and visitors alike. The layout is suitable for a variety of retail ventures, boutique operations, or service-based enterprises looking for a physical presence in a historic downtown setting. The building configuration allows for versatile interior arrangements tailored to specific trade requirements, while the location supports accessibility for local patrons and regional commuters. Prospective buyers will find this asset well-positioned for businesses seeking to establish a foothold in a stable Michigan municipality with a diverse local economy.

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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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