Price Reduction
Address
326 & 328 W Main Street, Ionia, MI
Price
$ 325,000
Property Attributes
  • MLS#23141840
  • TypeCommercial
  • CountyIONIA
  • CityIonia
  • AreaIonia City
  • NeighborhoodIonia City
  • Zip48846
  • StyleRetail/Commercial
  • Year Built1920
  • Taxes$ 2874
  • Price$ 325,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Red Brick Investment opportunity in Historic Downtown Ionia. 2 separate and huge buildings that can be used individually or together. A crazy 11,000+ sq ft of space that includes 2 store fronts, garage area, 2 Full semi-finished/useable basements, and Full upper level with room for up to 6 residential apartments. Beautiful store fronts with original hardwood floors, tin ceilings, and exposed brick throughout. His/Her bathrooms, garage area access with bathroom. MSHDA Grant programs available for the upper level. Current owner just had a brand-new roof installed on both buildings that comes with a 20-year transferrable wrty. New insulation, gutters, and both front and rear exteriors have been completely restored. New furnace 2016. Hurry to put your name on a piece of Ionia history!

Price History
11/11/2023 Listed $359,700
4/14/2024 3% - $349,700
5/1/2024 8% - $325,000

General Features

Sewer Public Sewer
Utilities Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Natural Gas Connected
Possession Negotiable
Roof Rubber,Concrete
Construction Materials Brick
Year Built 1920
Township Ionia City
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office,Professional Service,Retail
County Ionia
New Construction No
Property Type Commercial Sale
Status Active
Directions M66 to Main St,E to 2nd Block and buildings on N side of the Street.
City Ionia
High School District Ionia
Zoning Description B-2
Total Units 1
MLS Area Grand Rapids - G
Lot Size Square Feet 3168.0
Waterfront Y/N No
Street Name Main
Land Lease Y/N No
Tax Annual Amount 2874.0
Lease Renewal Y/N No
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Availability Date 2023-11-11
Days on Market 183
Standard Status Active
Occupancy Description Owner
Tax Assessed Value 46515
Ownership Type LLC
MobileHomeRemainsYN No
Legal Description See Attached
Senior Community None

Interior Features

Basement Full
Total Fireplaces 2
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Full Baths 3
Street Suffix Street
Electric On Property Y/N No
Total Baths 3

Exterior Features

Water Source Public
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.07
Foundation Details Stone
Number of Buildings 2
Spa No
Building Area Total 8234.0
Lot Dimensions 48 ft x 132 ft
Lot Size Acres 0.07
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48846

Price
AVG $220K
$330K
Taxes
AVG $4,154
$2,874
Visits
AVG 82
3
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1920

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