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Property profile & analytics
OFF-MARKET
Industrial properties

4548 State St Ionia, MI 48846

10,904 SF 1 ac lot Built 1987
Property ID
Property summary
AI-generated overview

This exceptional 10,904 square foot industrial property presents a rare opportunity for business owners seeking a high-visibility location. Situated on the busy S State Road/M66 in Ionia, Michigan, this property boasts over 40 years of established business history, making it an ideal investment. The expansive space is suitable for a wide range of uses, including warehouse operations, general retail businesses, food service establishments, quick-service restaurants (QSRs), and even financial institutions like banks. The single-acre lot provides ample space for loading, unloading, and potential future expansion. The building's substantial size offers significant flexibility for adapting the layout to meet specific business needs. This is a prime piece of real estate with a proven track record, ready for a new chapter. The property is being offered for $450,000 and represents a significant opportunity to establish or expand a business in a high-traffic area with excellent visibility. The existing infrastructure provides a solid foundation for immediate occupancy, minimizing upfront investment and maximizing return. Don't miss this chance to acquire a well-established and versatile commercial property in a thriving location.

Property profile
Verified
Property type Industrial properties
Year built 1987
Total area 10,904 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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