1201 S State Rd | Ionia, MI 48846
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1201 S State Rd
Ionia, MI 48846
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
17,630 SF
Building Class
C
Year Built
2000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.53 AC
Parking
30 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
139’ on State Rd
AMENITIES
- Signage
ABOUT 1201 S STATE RD , IONIA, MI 48846
* 17,630 sq. ft. retail strip center * Commercial building 68% occupied, three vacant suites * Property includes two residential income properties behind retail building * 2017/2018 new roof installed * 2017 commercial building has new façade, including siding and stone on street-side, new metal roof covering entrance area, stone columns, and storefront glass and doors * Cap rate at 100% occupancy 14%
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