324/322 W Main Street

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324/322 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 available for purchase in downtown Ionia
  • Total building size measures 7,112 square feet
  • Property features a central location at 324/322 W Main Street
  • Asset supports diverse business models including retail or services
  • The building is situated within a local commercial corridor

What's Special

The retail storefront located at 324/322 W Main Street in Ionia, Michigan, is currently available for sale. Spanning 7,112 square feet, this property provides a substantial footprint for investors or owner-occupants looking to establish a presence within the downtown corridor. The layout of this commercial space supports various retail applications, allowing businesses to capitalize on a traditional storefront design in a growing suburban market. Ionia serves as a key commercial hub for the surrounding region, benefitting from steady local traffic and a stable economic base that values accessible retail services. Its configuration is well-suited for businesses seeking a multi-use retail environment that integrates seamlessly into the established neighborhood infrastructure. Potential users may consider this asset for specialty retail, service-based enterprises, or as a value-add redevelopment project within the local business district. This property offers the necessary scale to accommodate a range of professional operations while remaining positioned in a central, highly visible area of the city.

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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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