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Multifamily Zoned Land Opportunity
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407 Forest Street, Ionia, MI 48846

Desirable .32 acre lot zoned for multifamily development.

Property Size13,939 SF
Lot Size0.32 Acres
Price / SF$1.87
Days on Market719

Property Features for 407 Forest Street

General Information

Standard status Active
Size 13,939 SF
Lot size 0.32 Acres
Property subtype Land / Acreage
Zoning RT

Taxes and HOA fees

Annual Taxes $326

Amenities

0.0
Paved
Listing Agency: Greenridge Realty (Ionia)
Listed By: Darin K Elliott
Source: Compass
Added: Aug 24, 2024 Changed: Aug 8 Last Checked: Jul 16 at 8:05AM

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 Greenridge Realty (Ionia)

Investment Insights

Based on property information with market context.

This .32-acre lot is zoned for multi-family development and is situated in a desirable neighborhood in Ionia, towards the outskirts of town. The location offers proximity to main roads, parks, schools, restaurants, and retail establishments. City water and sewer services are available, along with natural gas and high-speed internet. The property presents an investment opportunity. The lot size is 13939 square feet.

Key Highlights

  • Zoned for multi‑family development
  • Located in a desirable Ionia neighborhood
  • .32 Acre lot size

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby

Demographics for 48846, MI

22,470
Population
7,597
Households
3
Avg Household Size
38
Median Age
12%
College-Educated
88%
High-School Grad
110.6 sq mi
ZIP Area
203
Density / Sq Mi
$66,717
Median Household Income
$37,858
Median Earnings
$804
Median Rent
$172,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Desirable .32 acre lot zoned for multifamily development.
Where is this residential land & home lot located?
The property is located at 407 Forest Street Ionia, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Zoned for multi‑family development; Located in a desirable Ionia neighborhood; .32 Acre lot size
More about this property
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