405 W Main Street Ionia, MI 48846
6 Baths
11,386 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,386 sqft
Price per Sqft $61
Municipality Ionia City
MLS Listing ID 26018942
Full Baths 6
Year Built 1890
Annual Tax Amount $10,485
Tax Year 2025
Lot Size 9,148 Sqft
Acres 0.21
Lot Dimensions 68x132
Property Sub-Type Business
Source Michigan Regional Information Center (MichRIC)
Property Description
The second floor features three apartments, all currently leased, providing consistent residential income. At street level, two prime retail spaces enjoy excellent visibility and steady foot traffic in one of Ionia's most desirable commercial corridors.
Recent improvements include a new roof, offering peace of mind for the next owner. But what sets this property apart is the untapped potential. The third floor presents an incredible value-add opportunity with the possibility to create four loft-style apartments, capitalizing on the growing demand for downtown living.
Whether you are expanding your portfolio or stepping into a signature investment property, the Stevenson Building delivers.
Location
State MI
County Ionia
Direction Dexter St to Main St
Interior
Interior Features Broadband
Heating Baseboard
Cooling Central Air
Inclusions Non-Applicable
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Building
Structure Type Brick
New Construction No
Schools
School District Ionia
Others
Tax ID 201-050-000-355-00
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash