601 E Washington Street

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601 E Washington Street

Ionia, MI 48846
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • Traditional office building totaling 3,012 square feet of interior space
  • Located centrally within the city of Ionia, Michigan
  • Strategically positioned property at 601 E Washington Street
  • Asset type suitable for professional services or administrative use
  • Functional layout adaptable for diverse business operation requirements

What's Special

This traditional office building provides 3,012 square feet of space at 601 E Washington Street in Ionia, Michigan. The property sits within a regional hub known for its steady commercial activity and accessibility within the county seat. Its layout and configuration are suitable for a variety of professional services, including administrative offices, local agency headquarters, or private consultancy firms seeking a functional workspace in a quiet yet connected suburban environment. Businesses operating here benefit from the established infrastructure of the Ionia market, which supports diverse economic interests ranging from local retail to professional services. The structure offers clear potential for an owner-occupier or an investor looking to capitalize on a mid-sized asset in a stable municipality. With its centralized location, the site ensures reliable access for staff and clients traveling from across the surrounding community and neighboring towns, making it a practical choice for firms prioritizing connectivity and a professional presence in the central business district.

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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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