423 W Main Street

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423 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).

  • The property features 4,792 square feet of retail storefront space.
  • Located at 423 W Main Street within the city of Ionia.
  • This storefront is currently available for purchase in Michigan.
  • The site serves as a central hub for the local retail economy.
  • Retail space design allows for diverse business and service applications.

What's Special

This 4,792 square foot retail storefront at 423 W Main Street in Ionia, Michigan, provides a functional footprint for local business operations. Situated in the heart of Ionia, the property benefits from the community's established downtown infrastructure and proximity to regional transit corridors. The Ionia submarket continues to serve as a steady hub for retail trade within the mid-Michigan region, supported by a mix of long-standing residents and regional commuters. Investors or business owners seeking a presence in a classic downtown corridor will find this site suitable for a variety of retail uses. The storefront layout allows for flexible interior configurations, accommodating everything from specialized boutiques to local service providers. As the area balances its historic character with modern consumer demands, this asset represents a straightforward opportunity to secure commercial space in a well-trafficked town center. The building offers potential for entrepreneurs looking to establish or expand a brick-and-mortar footprint in an accessible Michigan market.

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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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