Ionia County, MI Grocery And Convenience Stores for Sale

$1,265,000

13,200 SF

Lake Odessa Retail Investment

820 Jordan Lake Ave, Lake Odessa, MI 48849

High-yield grocery & convenience store

$1,265,000 asking price for a 13,200 SF retail property in Lake Odessa, MI.
7.00% cap rate with a $88,541 NOI.
NNN lease, owner‑user investment opportunity.
Located on Jordan Lake Ave, just east of downtown Lake Odessa.
Currently occupied by Family Dollar (9,600 SF, lease through 2027 with options) and Marco's Pizza (2,100 SF, lease extension in progress).

Last Update: Dec 11, 2024

View details

$1,065,000

26,486 SF

Save A Lot Grocery Store

7434 Storey Rd, Belding, MI 48809

Grocery store with long-term lease and annual rent increases.

Absolute triple net (NNN) lease provides long‑term, passive income.
15‑year base lease term with two 5‑year renewal options offers a secure investment horizon.
Annual rent increases of 1% ensures a growing income stream.
Experienced grocery operator (Jorgensen’s Inc.) demonstrates a reliable tenant.
Below market rent ($3.02/SF) presents potential for future rent increases.

View details

Based on your search, we've compiled 2 Potential Opportunities for your consideration. Besides 2 Active listings in Ionia County, MI, we suggest exploring several alternatives:

Ionia County, MI Grocery And Convenience Stores Investment Opportunities Market Analysis

Explore 2 grocery and convenience stores for sale in Ionia County, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,330,000.

Prices for supermarkets in Ionia County, MI start at $1,065,000, averaging $1,165,000, and reaching up to $1,265,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

List

Map