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Property profile

233 Adams St Ionia, MI 48846

OFF-MARKET
Other commercial real estate
Property ID
US43-2178452
2,583 SF 0.21 ac lot Built 1890
Last sale Jul 2018 · $173,900
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This downtown Ionia commercial property is a restored former train station building that has a total size of 2,583 square feet and sits on a 0.21-acre lot. The building includes original woodwork features throughout. The property is zoned to support a variety of commercial uses, including boutique retail, restaurant, coffee house, gallery, and professional office uses. The interior configuration includes at least one private office suite occupied by a long-term tenant, and the building has previously been operated as a salon.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$58k
Assessed land$10k
Assessed improvement$49k
Effective rate5.88%

Value estimate

· Oct 2026
$285k
$257k – $314k
AI approach$285k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
Itis intended to provide sites for more diversified business types that are often incompatible with the pedestrian movement in the B-1 Ne...
General categoryCOMMERCIAL
JurisdictionIONIA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
Dental Office16.0
Building Supply15.9

Location

233 Adams St Ionia, MI 48846-1673
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 Steele, Ionia, MI 48846-2005 $200,000 Nov 2024 6,500 SF
272 Main, Ionia, MI 48846-1750 $42,000 Oct 2024 1,974 SF
2275 State Rd, Ionia, MI 48846-9503 $160,000 Sep 2024 No data
603 Adams, Ionia, MI 48846-1774 $1,150,000 Mar 2024 11,157 SF
420 Steele, Ionia, MI 48846-9401 $280,000 Nov 2018 7,503 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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