For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

2991 S State Rd Ionia, MI 48846

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$1,800,000

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

Type:Retail
Property size:
24,000 SF
Added:
Sep 16, 2025
Days on Market:
197
Last Refresh:
Mar 16 at 1:25 pm

Property Features for 2991 S State Rd

General Information

Standard status
Active
Size
24,000 SF
Property subtype
Retail

Building Details

Year Built
1989

We can help!

Listing Contact
Michael Cagen
Michael Cagen

Listing agent Michael Cagen License #MI 6502377154

Listing office Michael Cagen, L.L.C.

Listing date Sep 16, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Michael Cagen, L.L.C.


Overview

Established Retail Center in Ionia

Located at 2991 and 2995 S. State Rd in Ionia, Michigan, this multi-tenant retail center offers an established investment opportunity within the city’s primary retail corridor. The property benefits from high visibility and traffic counts. The property totals 24,000 rentable square feet across five units, fully leased to five tenants, and has had zero vacancy since 2016. Current tenants include Ionia 24/7 Fitness, Continental Home Center, Smokey Mountain Tobacco, Ambulatory Care Clinic, and My Eye Dr., representing a mix of service, medical, retail, and fitness uses. The location is surrounded by established national and regional retailers, such as Menards, Walmart, and Meijer. Its placement along South State Road positions it as a key destination within Ionia’s retail landscape.
Location Intelligence

Current Use by Public Records

Ionia 24/7 Fitness Gym & Fitness Center Smokey Mountain Tobacco ... (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
Ionia
County
Ionia
State
Michigan
Longitude
-85.074672
Latitude
42.942172

FAQs

What type of property is this?
Shopping center - Fully leased retail center in Ionia's primary retail corridor.
Where is this shopping center located?
The property is located at 2991 S State Rd Ionia, MI.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High 8.10% Cap Rate: Offers attractive income potential.; Fully Leased with Zero Vacancy Since 2016: Demonstrates remarkable tenant retention and consistent cash flow.; Prime Location in Ionia's Primary Retail Corridor: Benefits from exceptional visibility and high traffic counts.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message