4548 State St Ionia, MI 48846
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.