For Sale
$225,000

910 Lincoln Ave Ionia, MI 48846

High-traffic location, multi-unit income property.

Overview

Added:
Feb 3
Days on market:
80
This exceptional 4,720 square foot industrial building presents a remarkable investment opportunity in Ionia, Michigan. Situated on a 1.07-acre lot along a major thoroughfare, this property boasts high visibility and convenient access. Currently configured as five units, the building was originally designed as four suites, offering flexibility for a variety of uses. One half of the building generates a consistent monthly income of $2,500 from a current lease. An additional portion is leased for $850 per month. One unit has undergone a complete remodel, while another is ready for immediate occupancy. A fifth unit requires some renovation. The property features ample parking and is conveniently handicap accessible. The building benefits from a new rubber roof installed in 2018, ensuring long-term durability. Zoned B-1, this versatile property offers significant potential for expansion and increased rental income. Whether you're seeking a stable investment with existing income streams or envisioning a complete redevelopment, this property presents a unique opportunity to capitalize on a prime location and high-demand market. The possibilities are vast and limited only by your vision.

Property Details for 910 Lincoln Ave

Property type
Industrial properties
Square Feet
4,720 SF
Year Built
1967
Lot Size (sq. ft)
46,609 SF

Location Insight

City
Ionia
County
Ionia
State
Michigan
Latitude
42.98786
Longitude
-85.04335

FAQs

What type of property is this?
Industrial property - High-traffic location, multi-unit income property.
Where is the industrial property located?
The property is located at 910 Lincoln Ave Ionia, MI.
What is the asking price?
The asking price for this property is $225,000.
How can I contact the broker?
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910 Lincoln Ave
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