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    910 Lincoln Ave Ionia, MI 48846

    For Sale
    $225,000

    High-traffic location, multi-unit income property.

    Property size:
    4,720 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional 4,720 square foot industrial building presents a remarkable investment opportunity in Ionia, Michigan. Situated on a 1.07-acre lot along a major thoroughfare, this property boasts high visibility and convenient access. Currently configured as five units, the building was originally designed as four suites, offering flexibility for a variety of uses. One half of the building generates a consistent monthly income of $2,500 from a current lease. An additional portion is leased for $850 per month. One unit has undergone a complete remodel, while another is ready for immediate occupancy. A fifth unit requires some renovation. The property features ample parking and is conveniently handicap accessible. The building benefits from a new rubber roof installed in 2018, ensuring long-term durability. Zoned B-1, this versatile property offers significant potential for expansion and increased rental income. Whether you're seeking a stable investment with existing income streams or envisioning a complete redevelopment, this property presents a unique opportunity to capitalize on a prime location and high-demand market. The possibilities are vast and limited only by your vision.

    Property Features for 910 Lincoln Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    4,720 SF
    Lot Size
    46,609 SF

    Building Details

    Year Built
    1967
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Sheila Gendich Family Practice Physician Wedgwood Christian Services ... Mental Health Service Lifecare pharmacy Pharmacy Van Gelder Leonard ... Doctor Adoc Medical Medical Clinic

    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
    -85.04335
    Latitude
    42.98786

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    FAQs

    What type of property is this?
    Industrial property - High-traffic location, multi-unit income property.
    Where is this industrial property located?
    The property is located at 910 Lincoln Ave Ionia, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    (616) 527-3500
    Request Owner's contact information
    910 Lincoln Ave 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
    910 Lincoln Ave Ionia, MI 48846
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