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    Ionia, MI

    Ionia, MI Commercial Real Estate for Sale

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    33 properties
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    Mixed-Use Building with Retail and Apartments
    Updated: Apr 30
    Mixed-Use Building with Retail and Apartments

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot
    Iconic red brick Stevenson Building in historic downtown Ionia, featuring mixed‑use space with residential units and retail storefronts
    Second floor has five apartments, all currently leased
    Street level includes two retail spaces
    Recent improvements include a new roof
    Year built 1890; construction is brick with composition roof, central air, and baseboard heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 W Main Street, Ionia, MI 48846

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $769K
      Above asking
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    Ionia Commercial Property on M66
    Updated: Jul 2, 2025
    Ionia Commercial Property on M66

    2389 N State Road, Ionia, MI 48846

    $299,900
    1,344 sqft 3.70 AC lot
    1,344 SF home built in 1985 with 2 bathrooms and flexible layout that can be used as a single residence or 2‑unit property
    Newer metal roof; exterior with vinyl siding
    Central air and forced‑air heating for year‑round comfort
    Full basement with double mechanicals plus washer/dryer area
    Nearly 4 acres with a large fenced‑in dog park area and electronic card reader access
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    Office Building with Private Rear Parking
    Office Building with Private Rear Parking

    174 E Adams Street, Ionia, MI 48846

    $135,000
    1,080 sqft 0.14 AC lot

    Well-maintained office building features custom woodwork and rear off-street parking with handicap ramp and privacy fence.

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    Leased Mixed-Use Building with Retail
    Leased Mixed-Use Building with Retail

    W 405 W Main Street Unit SourceFi, Ionia, MI 48846

    $700,000
    11,386 sqft

    Fully leased mixed-use building with street-level retail and five leased second-floor apartments.

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    Commercial Land on M21 & M66
    Commercial Land on M21 & M66

    428 W Lincoln Avenue, Ionia, MI 48846

    $499,000
    3.53 AC lot

    3.53 acres at the corner of M21 and M66.

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    Buildable Corner Lot with Electricity
    Buildable Corner Lot with Electricity

    491 Peterson Road, Ionia, MI 48846

    $50,000
    1.56 AC lot

    A 1.56-acre corner parcel in Orleans Township with electricity available at the road for flexible residential or commercial plans.

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    Prime Land Parcel in Ionia
    Prime Land Parcel in Ionia

    3615 S State Road, Ionia, MI 48846

    $580,000
    14.98 AC lot

    15-acre commercial land near Sparrow Ionia Hospital.

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    Versatile Commercial Property on M66
    Versatile Commercial Property on M66

    2389 N State Rd, EastonTownship_, Ionia, MI 48846

    $299,900
    1,450 sqft 3.68 AC lot

    Commercial property with high traffic location, dog park, and amenities.

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    Ionia Land Near Golf Course
    Ionia Land Near Golf Course

    Parcel 1 1581 Kelsey Highway, Ionia, MI 48846

    $64,900
    2.72 AC lot

    Premium 2.72 acre building site near Rolling Hills Golf Course.

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    Ionia Land Near Golf Course
    Ionia Land Near Golf Course

    Parcel 4 1581 Kelsey Highway, Ionia, MI 48846

    $49,900
    2.00 AC lot

    Two-acre commercial land parcel near downtown Ionia and golf course.

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    Flex Retail/Warehouse in Ionia
    Flex Retail/Warehouse in Ionia

    410 Swartz Ct, Ionia, MI 48846

    $399,000
    11,236 sqft

    Flex retail/warehouse with expansion potential in prime location.

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    Premium Building Site in Ionia
    Premium Building Site in Ionia

    VL Parcel 4 & 5 1581 Kelsey Highway, Ionia, MI 48846

    $99,800
    4.00 AC lot

    Four-acre building site in a convenient Ionia location.

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    Vacant Commercial Land For Sale
    Vacant Commercial Land For Sale

    State Road, Ionia, MI 48846

    $224,900
    1.19 AC lot

    1.19 acre commercial land with high visibility in Ionia.

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    Established Retail Center in Ionia
    Established Retail Center in Ionia

    2991 S State Rd, Ionia, MI 48846

    $1,800,000
    24,000 sqft

    Fully leased retail center in Ionia's primary retail corridor.

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    Land Near Rolling Hills Golf
    Land Near Rolling Hills Golf

    Parcel 2 1581 Kelsey Highway, Ionia, MI 48846

    $55,000
    2.00 AC lot

    Two-acre commercial land parcel near downtown Ionia.

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    Commercial Lot in Ionia, MI
    Commercial Lot in Ionia, MI

    V/L Webber Street, Ionia, MI 48846

    Contact for pricing
    0.89 AC lot

    Commercial lot for sale in Ionia, Michigan.

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    Commercial Industrial Flex Property
    Commercial Industrial Flex Property

    1920 N State Road, Ionia, MI 48846

    $5,000,000
    39,000 sqft 35.00 AC lot

    Approx. 39,000 SF of improvements sit on a contiguous +/-35-acre commercial/industrial site with frontage on M-66.

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    Commercial Lot in Ionia
    Commercial Lot in Ionia

    Brown Boulevard, Ionia, MI 48846

    $60,000
    0.91 AC lot

    Commercial lot in a bustling business corridor.

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    Drive-Through Restaurant Site
    Drive-Through Restaurant Site

    2620 S State Rd, Ionia, MI 48846

    Contact for pricing
    3,284 sqft

    Former Wendy’s location on S. State Rd with drive-through restaurant functionality and strong visibility and access.

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    Corner Lot in Ionia, MI
    Corner Lot in Ionia, MI

    Reimer Drive, Ionia, MI 48846

    $130,000
    0.39 AC lot

    High visibility corner lot suitable for residential or commercial use.

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    Commercial Land on Heartland Blvd
    Commercial Land on Heartland Blvd

    0 State Rd, IoniaTownship_, Ionia, MI 48846

    $224,900
    1.19 AC lot

    1.19 +/- acre commercial land with high visibility.

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    Vacant Land Near Downtown Ionia
    Vacant Land Near Downtown Ionia

    261 S Dexter Street, Ionia, MI 48846

    $100,000
    0.60 AC lot

    Commercial land parcel in high-visibility location, ready for development.

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    Well-Maintained Office Building For Sale
    Well-Maintained Office Building For Sale

    174 E Adams St, Ionia, MI 48846

    $135,000

    Office building with custom woodwork, parking, and finished basement.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    405 W Main Street, Ionia, MI 48846

    $700,000

    Fully leased mixed-use building with street-level retail and five leased apartments on the second floor.

    View details

    Ionia, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Ionia, MI, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 429,447 square feet of properties for sale, with an estimated market value of $13,660,100.

    Sale prices for business properties in Ionia, MI start at $49,900, averaging $505,929, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.1%
    Median Household Income $66,717
    College Educated 15.6%

    High-Yield Neighborhoods for Investment

    Identify Ionia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Belding $159K
    Ionia $315.1K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Ionia, MI

    • 48846
    • 48809

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