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Mixed-Use Building with Retail

405 W Main Street Ionia, MI 48846

405 W Main Street, Ionia, MI, 48846
$700,000
For Sale
$700,000

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

Days on Market85

Property Features for 405 W Main Street

General Information

Standard status
Active
Property subtype
Business Opportunity

Building Details

Year Built
1890
Listing agency KW Rivertown Hoppough
Listed by Cathy A Hoppough · License #6502365936
Source Homesforsaleinmich
Added: Apr 30 Updated: Jul 22 at 3:48AM Checked: Jul 22 at 3:48AM

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 KW Rivertown Hoppough


Investment Insights

Based on property information with market context.

The Stevenson Building is a fully leased mixed-use property featuring street-level retail space and residential units on the upper floors. The second floor contains five apartments, all currently leased, providing established residential income. Street level includes two retail spaces.

The building is positioned in historic downtown Ionia along W Main Street, in a commercial corridor described in the remarks as a high-traffic area.

Recent improvements include a new roof. The third floor is described as offering value-add opportunity with the possibility to create four loft-style apartments.

Key Highlights

  • Stevenson Building (built 1890) is fully leased mixed‑use property with street‑level retail and residential units
  • Street level includes 2 retail spaces that are leased and support rental income
  • Second floor has 5 apartments, all currently leased

Property Analytics

Location Intelligence

Current Use by Public Records

Ionia Smoothie Company Restaurant

Suggested Use

Real Estate Agency Dental Office Restaurant Kitchen & Bath Showroom HVAC Service Hair Salon Building Supply Auto Parts Store Bakery Electrical Service

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

FAQs

What type of property is this?
Mixed-use property - Fully leased mixed-use building with street-level retail and five leased apartments on the second floor.
Where is this mixed-use property located?
The property is located at 405 W Main Street Ionia, MI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Stevenson Building (built 1890) is fully leased mixed‑use property with street‑level retail and residential units; Street level includes 2 retail spaces that are leased and support rental income; Second floor has 5 apartments, all currently leased
Contact an agent
More about this property
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