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).

  • Retail storefront facility totaling 3,815 square feet of space.
  • Property is located at 423 W Main Street in Ionia.
  • The building features a traditional storefront design for commercial access.
  • Situated within the established Ionia commercial real estate submarket.
  • Asset supports versatile use cases for retail or service businesses.

What's Special

This retail storefront spans 3,815 square feet at 423 W Main Street in Ionia, Michigan. Positioned within the heart of the city, the property benefits from the established commerce of the Ionia submarket. The layout supports a variety of traditional commercial uses, including boutique retail operations or service-oriented businesses seeking a prominent street-level presence. The local economy relies on a mix of local enterprises and regional trade, providing a steady customer base for central business district merchants. Investors and business owners will find this site suitable for redevelopment or immediate occupancy depending on their specific operational requirements. The footprint allows for efficient interior configuration to align with various merchandise displays or client-facing service needs. Access to the property is supported by the regional connectivity of the surrounding Ionia County area, which serves as a hub for the community.

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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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