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    Ionia, MI
    Mixed-Use

    Ionia, MI Mixed-use Properties for Sale

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    Mixed-Use Building with Retail and Apartments
    Updated: Apr 30
    Mixed-Use Building with Retail and Apartments

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot
    Iconic red brick Stevenson Building in historic downtown Ionia, featuring mixed‑use space with residential units and retail storefronts
    Second floor has five apartments, all currently leased
    Street level includes two retail spaces
    Recent improvements include a new roof
    Year built 1890; construction is brick with composition roof, central air, and baseboard heating
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 W Main Street, Ionia, MI 48846

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $769K
      Above asking
    View Property Analytics
    Leased Mixed-Use Building with Retail
    Updated: Apr 29
    Leased Mixed-Use Building with Retail

    W 405 W Main Street Unit SourceFi, Ionia, MI 48846

    $700,000
    11,386 sqft
    Fully leased mixed‑use building with street‑level retail plus five leased apartments on the second floor
    Year built: 1890
    Composition roof with recent improvements reported as a new roof
    Street‑level includes two retail spaces
    Third floor offers a value‑add possibility to create four loft‑style apartments
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Ionia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Storefront Property with Three-Story Renovation Plans
    Storefront Property with Three-Story Renovation Plans

    28 S Main NE, Cedar Springs, MI 49319

    $85,000
    2,660 sqft 0.08 AC lot

    1920 storefront building with vinyl and wood siding and rubber roof, with plans to renovate into a three-story space.

    View details
    Office Units with Basement Storage
    Office Units with Basement Storage

    610 Benjamin Avenue SE, Grand Rapids, MI 49506

    $219,900
    2,396 sqft 0.07 AC lot

    Flexible office space with additional basement storage and natural gas availability.

    View details
    Mixed-Use Redevelopment Building
    Mixed-Use Redevelopment Building

    S 28 S Main Unit SourceFi, Cedar Springs, MI 49319

    $85,000
    2,660 sqft

    Commercial building for sale in downtown Cedar Springs with plans to renovate into a three-story mixed-use structure.

    View details
    Mixed-Use Building with Commercial Space
    Mixed-Use Building with Commercial Space

    613 Fuller Ave SE, Grand Rapids, MI 49506

    $464,900

    Mixed-use building in Easttown with apartments and commercial space.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Available for Sale
    Land Available for Sale

    5526 Glenwood Hills Pkwy SE, Grand Rapids, MI 49512

    Contact for pricing
    5 sqft 5.81 AC lot

    Land for sale at 5526 Glenwood Hills Pkwy SE.

    View details
    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    364 S M-37 Highway, Hastings, MI 49058

    $499,000
    5.00 AC lot

    Electricity is available at a mixed-use site fronting M-37 Highway.

    View details
    Retail Building Portfolio with Corner Lot
    Retail Building Portfolio with Corner Lot

    935 & 939 Fulton Street E, Grand Rapids, MI 49503

    $1,200,000
    10,000 sqft 0.61 AC lot

    Three existing retail buildings total about 10,000 SF on a 0.61-acre corner lot.

    View details
    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

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    Ionia, MI Mixed-Use Properties Market Trends and Statistics

    Explore 2 mixed-use properties for sale in Ionia, MI on our real estate platform. These investment opportunities span a total of 22,772 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for multi use buildings in Ionia, MI average $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.1%
    Median Household Income $66,717
    College Educated 15.6%

    High-Yield Neighborhoods for Investment

    Identify Ionia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48846 $700K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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