Individually Owned Property summary
This exceptional retail property, located at 423 W Main St, Ionia, MI 48846, offers a fantastic opportunity for a variety of businesses. Situated in the heart of downtown Ionia, at the corner of W Main St & S Steele St, this single-story building boasts 1,500 total square feet, divisible into units as small as 900 square feet, with a maximum contiguous space of 1,500 square feet. The property features two suites in total. The space is ideal for a business seeking high visibility and foot… traffic. Ample parking is available, with 2 spaces on-site and additional off-site parking. A unique selling point is a private alley patio, perfect for outdoor seating or additional business space. Currently, a short-term holiday pop-up shop lease is available for $500 through January 5th. The long-term lease rate is $1,250 per month. The property's location and unique features make it suitable for a variety of concepts, including a coffee shop, lunch spot, wine bar, beer garden, or a small-format restaurant. This is a rare opportunity to secure a prominent retail space in a thriving downtown area. Ionia County location provides easy access to local amenities and a strong customer base.
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 4 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.
from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
