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    Ionia, MI
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    Ionia, MI Storefront Properties for Sale

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    Belding, MI Lyons, MI Saranac, MI Orleans, MI Muir, MI Portland, MI Fenwick, MI Lowell, MI
    Mixed-Use Building with Retail and Apartments
    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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    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
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    Retail Space with Full Basement
    Updated: Jul 2, 2025
    Retail Space with Full Basement

    2389 N State Road, Ionia, MI 48846

    $299,900
    1,344 sqft 3.70 AC lot
    1,344 SF building configured for use as one unit or two
    3.7‑acre property along N State Road near M66
    Full basement with double mechanicals and washer/dryer areas
    Large fenced dog park with electronic card‑reader access
    Generac generator, central vacuum system, and surveillance equipment
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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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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Ionia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Storefront Retail Space
    Storefront Retail Space

    1322 W State Street, Belding, MI 48809

    $575,000
    7,920 sqft 0.06 AC lot

    Storefront retail property for sale in Belding, MI, with approximately 7,920 square feet and a 0.06-acre lot.

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    Freestanding Retail and Showroom Building
    Freestanding Retail and Showroom Building

    650 S State Street, Stanton, MI 48889

    $425,000
    7,100 sqft 2.00 AC lot

    Freestanding building on a high-visibility corridor, offering flexible interior space and room for parking and outdoor display.

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    Commercial Land with Two Ponds
    Commercial Land with Two Ponds

    650 S State Street, Stanton, MI 48888

    $899,900
    7,724 sqft 35.83 AC lot

    Commercially zoned acreage with approximately 10,124 square feet of buildings, including a main building and a 40x60 pole outbuilding.

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    Belding Retail Opportunity on M-44
    Belding Retail Opportunity on M-44

    395 E State St, Belding, MI 48809

    $675,000
    9,100 sqft

    Retail property with high traffic and minimal maintenance responsibilities.

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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.

    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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    Corner Lot in C-2 District
    Corner Lot in C-2 District

    507 E Grand River Avenue, Portland, MI 48875

    $59,900

    Corner lot suitable for office or retail business.

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    C-2 Commercial Land
    C-2 Commercial Land

    215 S Broadway Street, Middleville, MI 49333

    $120,000
    0.80 AC lot

    A commercial parcel with public water, public sewer, and natural gas availability.

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    City Center Parking Lot Development Site
    City Center Parking Lot Development Site

    407 Turner Avenue NW, Grand Rapids, MI 49504

    $1,475,000
    7,316 sqft 0.32 AC lot

    Parking lot site with 7,316 SF and 0.32-acre area, offered with development options and existing parking.

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    Ionia, MI Storefront Properties Market Trends and Statistics

    Explore 3 storefront properties for sale in Ionia, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 24,116 square feet of properties for sale, with an estimated market value of $1,699,900.

    Sale prices for retail units in Ionia, MI start at $299,900, averaging $566,633, 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

    Storefront properties 12
    Shopping centers 2
    Auto shops 1
    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
    48846 $700K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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