415 W Main Street

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415 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 property encompassing 7,672 square feet
  • Strategically positioned on Main Street in Ionia
  • Versatile layout suitable for various commercial business uses
  • Located within an active regional service hub city
  • Asset available for acquisition in central Michigan

What's Special

Spanning 7,672 square feet, this retail storefront at 415 W Main Street in Ionia, Michigan, provides a versatile footprint for local business operations. The property sits within the established commercial corridor of Ionia, a city that serves as a vital service hub for the surrounding agricultural region. This asset type is well-suited for diverse commercial applications ranging from boutique retail to specialized service providers seeking a prominent street-level presence in the downtown area. Owners and investors can leverage the central location to capture consistent foot traffic within the community. The open floor plate offers flexibility for various interior configurations depending on tenant requirements or owner-user needs. By securing a foothold on Main Street, operators gain proximity to the city's primary economic activity, fostering potential growth in a stable, Midwestern market 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