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B-3 Cannabis Property
For Sale
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420 S Steele Street Main, Ionia, MI 48846

Corner parcel in Ionia’s downtown district with B-3 zoning and a seller-held marijuana dispensary license.

Property SizeContact for details
Days on Market42

Property Features for 420 S Steele Street Main

General Information

Standard status Active
Listing Agency: Signature Associates Holland
Listed By: Thomas J Elhart
Source: Charterpropertiesgr
Added: Jul 20 Changed: Aug 27 Last Checked: Aug 29 at 9:21AM

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 Signature Associates Holland

Investment Insights

Based on property information with market context.

This cannabis property occupies the hard corner of Nash Ct. and S Steele Street at the entrance to Ionia’s downtown district. The site carries B-3 zoning, providing the governing land-use framework for the property.

The seller holds a marijuana dispensary license and is willing to work with prospective tenants. Potential purchase options may also be considered by the owner. The property is located at 420 S Steele Street in Ionia, Michigan.

Key Highlights

  • B‑3 zoning
  • Corner location at Nash Ct. and S Steele Street
  • Positioned at the entrance to Ionia’s downtown district

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Restaurant Big Box & Wholesale Store Auto Parts Store

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

464
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 50%
Burger King Dining
14,485 visits/mo 0.1 miles
Shell Shops & Services
8,291 visits/mo 0.4 miles
Marathon Shops & Services
7,856 visits/mo 0.2 miles
KFC Dining
6,367 visits/mo 0.4 miles
Independent Bank Shops & Services
5,565 visits/mo 0.3 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Corner parcel in Ionia’s downtown district with B-3 zoning and a seller-held marijuana dispensary license.
Where is this cannabis property located?
The property is located at 420 S Steele Street Main Ionia, MI.
What are key features of this property?
This property features: B‑3 zoning; Corner location at Nash Ct. and S Steele Street; Positioned at the entrance to Ionia’s downtown district
More about this property
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