Property summary
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… level is eligible for MSHDA grant programs, making it an attractive prospect for residential development. Recent significant improvements enhance this property's value and appeal. These include a brand-new roof with a 20-year transferable warranty, new insulation, new gutters, and a complete restoration of both the front and rear exteriors. A new furnace was installed in 2016. The building also features his-and-her bathrooms and convenient garage access with an additional bathroom. This property offers substantial potential for various uses and is available for sale individually or in conjunction with an adjacent building (MLS# 23141840). Don't miss the chance to own a piece of Ionia's rich history and capitalize on this promising investment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Official district profile
Itis intended to cater to the needs of the City's traditional downtown business district, which serves a more significant consumer population than the B-1 Neighborhood Business District and is generally characterized by…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight