Financial
Distress signals
Property profile

328 Main St Ionia, MI 48846

OFF-MARKET
Commercial real estate
Property ID
US43-2358581
4,922 SF 0.07 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,922 square foot industrial property, located at 328 W Main in historic downtown Ionia, Michigan, presents a unique investment opportunity. Situated on a 0.07-acre lot, this red brick building boasts a charming storefront featuring original hardwood floors, tin ceilings, and exposed brick throughout. The property includes a spacious garage area, a full semi-finished basement offering significant usable space, and a full upper level ideal for apartment conversion. The upper

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$21k
Assessed land$3k
Assessed improvement$18k
Effective rate6.16%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$280k

Realmo valuation models over county records and 7 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-2
Itis intended to cater to the needs of the City's traditional downtown business district, which serves a more significant consumer popula...
General categoryMIXED_USE
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 agency16.9
Dental Office14.8
Restaurant11.5

Location

328 Main St Ionia, MI 48846-1650
County assessor Recorded deeds · not on file 7 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 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 N/A
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
1015 Lincoln, Ionia, MI 48846-1442 $22,000 Oct 2018 704 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
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