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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%
Property Taxes
| Parcel Number | 060-090-000-275-10 | Improvements Assessment | $161,900 |
| Land Assessment | $147,800 | Total Assessment | $309,700 |
Property Taxes
Parcel Number
060-090-000-275-10
Land Assessment
$147,800
Improvements Assessment
$161,900
Total Assessment
$309,700
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