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    Ionia, MI
    Retail

    Ionia, MI Retail Properties & Spaces for Sale

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    Lyons, MI Orleans, MI Muir, MI Saranac, MI Portland, MI Fenwick, MI Belding, MI Clarksville, MI
    6 properties
    Mixed-Use Building with Retail
    Updated: Apr 30
    Mixed-Use Building with Retail

    405 W Main Street, Ionia, MI 48846

    $700,000
    11,386 sqft 0.21 AC lot
    Fully leased mixed‑use property in historic downtown Ionia with residential units and street‑level retail spaces
    Second floor has five apartments, all currently leased for consistent residential income
    Street level features two retail spaces that are currently leased
    Recent improvements include a new roof
    Brick construction with central air and baseboard heat
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    This listing looks promising.

    Here's a quick look at some key insights for

    405 W Main Street, Ionia, MI 48846

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    • Est. Cap Rate

      7.7%
      Above avg (5.9%)

    • Est. NOI

      $54K
      Annual

    • Price @ 7% Cap

      $769K
      Above asking
    View Property Analytics
    Ionia Commercial Property on M66
    Updated: Jul 2, 2025
    Ionia Commercial Property on M66

    2389 N State Road, Ionia, MI 48846

    $299,900
    1,344 sqft 3.70 AC lot
    1,344 SF home built in 1985 with 2 bathrooms and flexible layout that can be used as a single residence or 2‑unit property
    Newer metal roof; exterior with vinyl siding
    Central air and forced‑air heating for year‑round comfort
    Full basement with double mechanicals plus washer/dryer area
    Nearly 4 acres with a large fenced‑in dog park area and electronic card reader access
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    Two-Unit Multi-Family Property
    Two-Unit Multi-Family Property

    2389 N State Road, Ionia, MI 48846

    $299,900
    1,450 sqft 3.68 AC lot

    Flexible layout with a full basement, newer metal roof, and fenced dog-park area with controlled access.

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    Leased Mixed-Use Building with Retail
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Flex Retail/Warehouse in Ionia
    Flex Retail/Warehouse in Ionia

    410 Swartz Ct, Ionia, MI 48846

    $399,000
    11,236 sqft

    Flex retail/warehouse with expansion potential in prime location.

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    Established Retail Center in Ionia
    Established Retail Center in Ionia

    2991 S State Rd, Ionia, MI 48846

    $1,800,000
    24,000 sqft

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

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    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 6 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.

    Turnkey Restaurant Storefront
    Turnkey Restaurant Storefront

    5460 Orleans Road, Orleans, MI 48865

    $299,900
    1,000 sqft 0.20 AC lot

    Turnkey retail and full commercial kitchen operation with extensive beverage options and seating, updated with recent exterior and systems work.

    View details
    Turnkey Retail Store with Liquor
    Turnkey Retail Store with Liquor

    5460 Orleans Rd, Orleans, MI 48865

    $299,900
    1,000 sqft 0.20 AC lot

    Fully stocked retail store with beer, wine, and liquor license.

    View details
    Downtown Saranac Mixed-Use Building
    Downtown Saranac Mixed-Use Building

    75 N Bridge Street, Saranac, MI 48881

    $219,900
    2,640 sqft 0.05 AC lot

    Mixed-use building with retail and residential income potential.

    View details
    Downtown Saranac Mixed-Use Building
    Downtown Saranac Mixed-Use Building

    75 N Bridge St, Saranac, MI 48881

    $219,900

    Mixed-use building with retail and residential income potential.

    View details

    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.

    Commercial Land on M21 & M66
    Commercial Land on M21 & M66

    428 W Lincoln Avenue, Ionia, MI 48846

    $499,000
    3.53 AC lot

    3.53 acres at the corner of M21 and M66.

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    Ionia Land Near Golf Course
    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
    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
    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.

    State Rd
    Retail properties & Spaces

    0 State Rd, Ionia, MI 48846

    Value Estimation by Request
    22,000 sqft
    View details
    Main St
    Retail properties & Spaces

    Main St, Ionia, MI 48846

    Value Estimation by Request
    8,234 sqft 0.07 AC lot
    View details
    3149-3151 Commerce Ln
    Restaurants

    3149-3151 Commerce Ln, Ionia, MI 48846

    Value Estimation by Request
    3,000 sqft
    View details
    431 Lincoln St
    Individual retail properties

    431 Lincoln St, Ionia, MI 48846

    Value Estimation by Request
    11,180 sqft 0.98 AC lot
    View details
    4548 State Rd
    Distribution properties

    4548 State Rd, Ionia, MI 48846

    Value Estimation by Request
    10,904 sqft 1.00 AC lot
    View details

    Ionia, MI Retail Properties & Spaces Market Trends and Statistics

    Explore 11 retail properties & spaces for sale in Ionia, MI, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 60,802 square feet of properties for sale, with an estimated market value of $4,198,800.

    Sale prices for stores in Ionia, MI start at $299,900, averaging $699,800, and reaching up to $1,800,000 — 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

    Storefront properties 5
    Shopping centers 2
    Automotive properties 1

    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
    Belding $159K
    Ionia $728.4K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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