DOWNTOWN FLEX BUILDING - IONIA, MI

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30712465
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 9,168 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $195,000
Unit Price: $21.27 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Sentinel Standard
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/4/2021

Overview / Comments

AVAILABLE FOR SALE: 9,168 SF, freestanding flex building on 0.25-acre parcel in downtown Ionia. Constructed in 1996, building offers office and warehouse/shop space. Office area is 2,400 SF of finished office space with multiple offices, unisex restroom and 8’ ceiling. Warehouse/shop area is 6,000 SF with unisex restroom, 12’ ceiling and 1-9’x9’ GLOH door. Loading area is 768 SF with 1-8’x9’ dock-high door. On-site and off-street parking is available. Well located in Ionia’s beautiful, historic downtown district, between W. Main St. and W. Washington St., this site offers easy access from M-66/N. Dexter St. Current home of the Ionia Sentinel-Standard, which will relocate upon sale of property.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ionia
Submarket Type: Central Business District
Taxing Authority: Ionia, City of
Tax ID/APN: 201-050-000-115-10
Zoning: B-2, COMMUNITY BUSINESS DISTRICT
Property Located Between: W. Main Street & W. Washington Street
Property Visibility: Excellent
Largest Nearby Street: N. Dexter Street/M-66
Feet of Frontage: 855
Highway Access: Located two blocks east of M-66
Area Description: Located in downtown Ionia
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1996
Roof Type: Gable
Construction/Siding: Brick, Metal Siding
Parking Type: Surface
Parking Description: On-site and off-street parking available
Sprinklers: None
Heat Type: Natural Gas
Air Conditioning: Package Unit
Zoning Description: B-2, Community Business District
Lot Frontage: 85.50
Lot Depth: 137.25
Water Service: Municipal
Sewer Type: Municipal
Legal Description: CITY OF IONIA, ORIGINAL TOWN, S 85 FT OF LOT 18; ALSO S 42.5 FT OF LOT 19; ALSO BEG AT NW COR OF THE S 42.5 OF LOT 19; N 43 FT; E 26.76 FT; S 43 FT; W27 FT+- TO POB. COMB 201-050-000-115-00, -120-00, 125-00 TO -115-10 ON 06/21/2001

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,832 13,827 18,553
Median Age: 31.55 34.39 35.2
Households: 1,040 3,377 5,118

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