Ionia, MI Retail Properties & Spaces for Sale

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Updated: Apr 30

Mixed-Use Building with Retail and Apartments

405 W Main Street, Ionia, MI 48846

$700,000

11,386 sqft 0.21 AC lot

Iconic red brick Stevenson Building in historic downtown Ionia, featuring mixed‑use space with residential units and retail storefronts
Second floor has five apartments, all currently leased
Street level includes two retail spaces
Recent improvements include a new roof
Year built 1890; construction is brick with composition roof, central air, and baseboard heating

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Updated: Jul 2, 2025

Storefront Property with Basement

2389 N State Road, Ionia, MI 48846

$289,900

1,344 sqft 3.70 AC lot

1,344‑square‑foot storefront structure with 2 bathrooms
3.7‑acre property at 2389 N State Road, Ionia, MI 48846
Single‑use or 2‑unit configuration
Full basement with double mechanicals and washer/dryer areas
Large fenced dog park with Electronic Card Reader access

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Leased Mixed-Use Building with Retail

W 405 W Main Street Unit SourceFi, Ionia, MI 48846

$700,000

11,386 sqft

Fully leased mixed-use building with street-level retail and five leased second-floor apartments.

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See what stands out in Ionia County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Zero-Grade Storefront Building

450 Steele Street, Ionia, MI 48846

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4,080 sqft

Freestanding retail space with convenient ground-level access, on-site parking, and prominent exposure at a signalized intersection.

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Established Retail Center in Ionia

2991 S State Rd, Ionia, MI 48846

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24,000 sqft

Fully leased retail center in Ionia's primary retail corridor.

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Retail Property with Service Area

260 S Dexter Street, Ionia, MI 48846

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6,760 sqft 2.56 AC lot

Retail building and service area along M66 near downtown Ionia.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Open-Layout Storefront Unit

1201 S State Road, 5, Ionia, MI 48846

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Open-plan commercial space with large windows, natural light, parking, and access to main roads.

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Corner Convenience Store Building

201 N Dexter St, Ionia, MI 48846

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0.15 AC lot

Existing improvements occupy a corner parcel with prior convenience-store use.

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Quick Lube NNN Investment Property

501 West Lincoln, Ionia, MI 48846

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Mobil 1 quick lube investment with an absolute triple-net lease and 6.25% rent increases.

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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 9 Active listings in Ionia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Grocery and Convenience Store with Refrigeration

278 W Maple Street, Muir, MI 48860

$649,000

1,800 sqft 3.34 AC lot

The property includes loading access, parking, and a separate maintenance building with heated shop space.

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Convenience Store with Full Kitchen

5460 Orleans Road, Orleans, MI 48865

$299,900

1,000 sqft 0.20 AC lot

Renovated retail operation with food-service equipment, commercial coolers, and licensed beer, wine, and liquor sales.

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Convenience Store with Full Kitchen

5460 Orleans Rd, Orleans, MI 48865

$299,900

1,000 sqft

Recently renovated retail operation with food-service equipment, beverage systems, coolers, and an extended retail food license.

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Grocery Building with Cold Storage

278 W Maple St, Muir, MI 48860

Contact for pricing

15,684 sqft

Commercially zoned property with refrigerated storage, rear loading access, and a heated maintenance shop.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Commercial Land

428 W Lincoln Avenue, Ionia, MI 48846

$499,000

3.53 AC lot

Commercial parcel with public water, public sewer, and natural gas available.

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Ionia Land Near Golf Course

Parcel 1 1581 Kelsey Highway, Ionia, MI 48846

$64,900

2.72 AC lot

Premium 2.72 acre building site near Rolling Hills Golf Course.

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Land Near Rolling Hills Golf

Parcel 2 1581 Kelsey Highway, Ionia, MI 48846

$55,000

2.00 AC lot

Two-acre commercial land parcel near downtown Ionia.

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Ionia Land Near Golf Course

Parcel 10 Kingston Road, Ionia, MI 48846

$35,000

1.00 AC lot

One acre building site near Rolling Hills Golf Course.

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Off-Market Properties in Ionia, MI

Consider similar Off-Market properties in Ionia, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Retail properties & Spaces

0 State Rd, Ionia, MI 48846

Value Estimation by Request

22,000 sqft

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Retail properties & Spaces

Main St, Ionia, MI 48846

Value Estimation by Request

8,234 sqft 0.07 AC lot

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Restaurants

3149-3151 Commerce Ln, Ionia, MI 48846

Value Estimation by Request

3,000 sqft

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Individual retail properties

431 Lincoln St, Ionia, MI 48846

Value Estimation by Request

11,180 sqft 0.98 AC lot

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Distribution properties

4548 State Rd, Ionia, MI 48846

Value Estimation by Request

10,904 sqft 1.00 AC lot

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Ionia, MI Retail Properties & Spaces Market Trends and Statistics

Explore 14 retail properties & spaces for sale in Ionia, MI, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 58,956 square feet of properties for sale, with an estimated market value of $1,689,900.

Sale prices for stores in Ionia, MI start at $289,900, averaging $563,300, and reaching up to $700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 22K

Population Growth (5Y) +10.1%

Median Household Income $66,717

College Educated 15.6%

High-Yield Neighborhoods for Investment

Identify Ionia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48846	$425K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ionia County

New Delisted

Total CRE Inventory on Market (SF)

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