349 E Riverside Drive

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349 E Riverside Drive

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 2,240 square feet of total interior space.
  • Property available for purchase located at 349 E Riverside Drive.
  • Situated within the city of Ionia in the state of Michigan.
  • Functional layout adaptable for various commercial retail or service uses.
  • Positioned with access to local traffic flows in an established submarket.

What's Special

Retail operations seeking a central storefront in Ionia will find this 2,240-square-foot property at 349 E Riverside Drive a functional choice. The site serves as a practical location for neighborhood services, boutique retail, or professional offices requiring high visibility. Its position within the city provides consistent access to local traffic patterns and proximity to the primary commercial corridors that support the Ionia community. This asset occupies a strategic footprint in a growing market in Michigan, suitable for investors or business owners looking to establish a footprint in the local retail landscape. The building configuration accommodates various floor plan layouts to suit specific business needs, ensuring adaptability for a range of commercial endeavors. The surrounding regional economy benefits from a mix of residential growth and established services, providing a stable foundation for storefront operations. Prospective buyers can leverage this location to capture local market demand while maintaining a presence in a professional business environment.

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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