Property profile

2389 State St Ionia, MI 48846

OFF-MARKET
Industrial properties
1,344 SF 3.7 ac lot Built 1985
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Property summary

AI-generated overview

This exceptional turnkey business opportunity encompasses a thriving, long-established pet grooming and daycare center situated on a highly visible, high-traffic location in Ionia, MI, at 2389 N State (M-66). The property boasts a substantial 1,344 square foot building featuring two bathrooms, offering the flexibility of single or dual-unit occupancy. A full basement, equipped with dual mechanical systems and laundry facilities, provides ample versatile space. The building itself is well-maintained and features a newer metal roof. The sale includes all equipment and inventory, valued at over $30,000, ensuring a seamless transition for the new owner. The nearly four-acre lot includes a large, fenced dog park area secured by an electronic card reader system, ideal for daycare and training operations. This prime location benefits from natural gas availability and high-speed internet access. The business has cultivated a loyal clientele of over 1000, with a consistent 300-client rotation on 2-8 week schedules, demonstrating significant earning potential. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential, complete with its real estate and all necessary assets.

Property profile

Verified
Property type Industrial properties
Year built 1985
Total area 1,344 SF
Lot 3.7 ac (161,172 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2389 State St Ionia, MI 48846
Ionia metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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