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    326 W Main St Ionia, MI 48846

    For Sale
    $175,000

    SINGLE_FAMILY - Ionia, MI

    Type:Retail
    Property size:
    3,312 SF
    Lot size:
    0.06 Acres
    Days on Market:
    184
    Last Refresh:
    Dec 5 at 10:06 am

    Property Features for 326 W Main St

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Basement
    APN
    201-050-000-230-00
    Size
    3,312 SF
    Lot size
    0.06 Acres

    Utilities

    Utilities
    Phone Available
    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    1
    Building materials
    Brick
    Roof type
    Rubber

    Greenridge Realty Inc. (616) 974-5042 [email protected]

    Listing agent Darin K Elliott (616) 902-2235

    Listing date Jun 5, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Downtown Ionia Investment Opportunity

    Located in historic downtown Ionia, this red brick building presents an investment opportunity. The property features a storefront, a semi-finished basement suitable for use, and a full upper level with potential for apartments. The storefront showcases original hardwood floors, tin ceilings, and exposed brick. A new roof was recently installed and includes a 20-year transferable warranty. Additional updates include new insulation, gutters, and completely restored front and rear exteriors. A new furnace was installed in 2016. The property size is 3312 square feet and the lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ionia
    County
    Ionia
    State
    Michigan
    Longitude
    -85.066858
    Latitude
    42.98269

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    FAQs

    What type of property is this?
    Storefront property - Storefront with basement and full upper level in historic Ionia.
    Where is this storefront property located?
    The property is located at 326 W Main St Ionia, MI.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Prime investment opportunity in historic downtown Ionia with store front, basement, and full upper level suitable for apartments.; - New roof with a 20-year transferable warranty.; - Restored exterior (front and rear), new insulation, and gutters.
    (616) 902-2235
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    326 W Main St Ionia, MI 48846
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    Ionia, MI 48846
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    326 W Main St Ionia, MI 48846
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