450 S Steele Street

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450 S Steele 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 asset encompassing 4,080 square feet of total space.
  • Property situated at 450 S Steele Street in Ionia, Michigan.
  • Located within the 48846 zip code near primary local corridors.
  • Adaptable floor plan suitable for retail or professional service tenants.
  • Positioned within a growing commercial market in the region.

What's Special

This 4,080-square-foot retail storefront property stands at 450 S Steele Street in Ionia, Michigan. The structure provides an accessible footprint suited for various commercial applications, including boutique retail, professional services, or specialized showroom operations. Ionia serves as a growing hub in the region, drawing consistent foot traffic from local residents and regional travelers alike. The location benefits from the area’s steady economic development and connectivity, making it a functional choice for business owners looking to establish or expand a physical presence in a stable suburban market. Investors and operators will find the floor plan adaptable to specific business requirements, offering versatility for immediate occupancy or targeted interior improvements. The storefront positioning ensures visibility within the immediate corridor, supporting potential brand exposure and client engagement for a wide range of commercial enterprises.

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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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