UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 11,386 sqft
Price per Sqft $61
Municipality Ionia City
MLS Listing ID 26018942
Full Baths 6
Year Built 1890
Annual Tax Amount $10,485
Tax Year 2025
Lot Size 9,148 Sqft
Acres 0.21
Lot Dimensions 68x132
Property Sub-Type Business
Source Michigan Regional Information Center (MichRIC)
Property Description
The second floor features five apartments, all currently leased, providing consistent residential income. At street level, two prime retail spaces enjoy excellent visibility and steady foot traffic in one of Ionia's most desirable commercial corridors.
Recent improvements include a new roof, offering peace of mind for the next owner. But what sets this property apart is the untapped potential. The third floor presents an incredible value-add opportunity with the possibility to create four loft-style apartments, capitalizing on the growing demand for downtown living.
Whether you are expanding your portfolio or stepping into a signature investment property, the Stevenson Building delivers.
Location
State MI
County Ionia
Direction Dexter St to Main St
Interior
Interior Features Broadband
Heating Baseboard
Cooling Central Air
Inclusions Non-Applicable
Exterior
Utilities Available Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Building
Structure Type Brick
New Construction No
Schools
School District Ionia
Others
Tax ID 201-050-000-355-00
Ownership LLC
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Nearby School & Business
Get More Information
Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal