405 W Main Street

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405 W Main Street

Ionia, MI 48846
Business Price
$700K
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial business-only asset located in Ionia, Michigan.
  • Property encompasses a total of 11,386 square feet.
  • Asking price for this business opportunity is 700,000 dollars.
  • Strategic address positioned at 405 W Main Street.
  • Regional connectivity provided by proximity to major transit routes.

What's Special

Operating an 11,386-square-foot business at 405 W Main Street in Ionia, Michigan, offers a strategic position within the city’s commercial corridor. This asset provides a significant footprint for an owner-operator or investor looking to capitalize on an established location in a stable Midwestern market. Ionia serves as a regional hub in Ionia County, benefiting from its proximity to major transit routes that connect the area to the broader Grand Rapids metropolitan landscape. The site is suitable for various commercial or retail business operations requiring substantial interior space. Prospective buyers will find this location provides the necessary infrastructure to support ongoing daily activities while maintaining visibility within the local community. The business-only acquisition presents a clear path for ownership transition within this accessible market, allowing for functional utilization of the square footage for industrial, retail, or service-based enterprises seeking a central Michigan presence.

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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383

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