328 W Main Street

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328 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 located at 328 W Main Street in Ionia
  • Total building size measures 4,922 square feet of space
  • Asset is currently available for purchase in Michigan
  • Situated between the major markets of Lansing and Grand Rapids
  • Positioned on a primary thoroughfare within the business district

What's Special

Ionia serves as a central hub within the West Michigan region, positioned between Grand Rapids and Lansing. This retail storefront on West Main Street benefits from the steady pace of the local business district. The property spans 4,922 square feet of interior space, providing a functional footprint for diverse commercial operations. Given the configuration of this site, it is well-suited for businesses seeking a high-visibility storefront presence or those looking to establish a retail or service-oriented entity in this active community. The accessibility of the area supports consistent traffic flow, making the location a practical choice for investors and owner-occupants focused on the Michigan market. With its position on a primary thoroughfare, this building represents a clear opportunity for retailers to capture both local consumer interest and regional commuters traveling through Ionia.

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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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