431 Lincoln StIonia, MI 48846

For Sale
Call for price

Former pharmacy, prime location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
94
This 11,180-square-foot free-standing retail building presents a unique investment opportunity. Located in Ionia, Michigan, at the corner of West Lincoln Avenue and North Dexter Street, this property boasts a highly visible location with a combined daily traffic count exceeding 24,000 vehicles. Built in 2006, the former Rite Aid pharmacy features a convenient drive-thru. The 0.98-acre lot offers ample space and visibility. The building is vacant and available for sale or lease as a net lease (NNN) investment. The property benefits from a strong surrounding retail environment, including national brands like Dollar General, Pizza Hut, KFC, Burger King, AutoZone, Shell Oil, and Domino's. Ionia, the county's largest city, offers a diverse economy with significant employers such as Ventra Ionia, the Michigan Department of Corrections, and Herbruck's Poultry Ranch. The average household income within a three-mile radius surpasses $62,000. This property's strategic location and size make it ideal for a variety of retail uses. The property is a single-tenant building with no existing lease and no credit rating for the previous tenant, but a corporate guarantee was in place.

Highlights

  • 11,180 SF free-standing retail building on a 0.98-acre lot in Ionia, MI.
  • Former Rite Aid pharmacy built in 2006 with drive-thru.
  • High-visibility corner location at West Lincoln Avenue and North Dexter Street, with over 24,000 VPD.
  • Strong retail environment with nearby national brands and average household income exceeding $62,000 within a three-mile radius.
  • Ionia, the county's largest city, is strategically located 30 miles from Grand Rapids and 40 miles from Lansing.
  • Diverse local economy with major employers including Ventra Ionia, the Michigan Department of Corrections, and Herbruck's Poultry Ranch.

Property Details for 431 Lincoln St

Property type
Other retail properties, Individual retail properties
Square Feet
11,180 SF
Year Built
2006
Buildings
1
Lot Size (sq. ft)
42,689 SF

Location Insight

City
Ionia
County
Ionia
State
Michigan
Latitude
42.986947906865
Longitude
-85.070695571735
431 Lincoln St, Ionia, Michigan

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431 Lincoln St
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