910 Lincoln AveIonia, MI 48846

Property Details for 910 Lincoln Ave

Year built

1967

Lot size

1.07 AC

Property size (Sq ft)

4,720 SF

Zone code

B-1

Property type

Commercial real estate

APN

34-204-017-000-005-00

APU

3420401700000500

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $337,975

  Hospitality

  $309,583

  Educational

  $257,569

  Medical

  $266,428

  Retail

  $400,663

Location Insight

City

Ionia

County

Ionia

State

Michigan

Latitude

42.9878

Longitude

-85.0434

CBSA code

24340

CBSA name

GRAND RAPIDS-WYOMING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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