431 W Lincoln Ave - Drug Store FOR SALE


Ionia, MI 48846
$2,800,000 USD
248-702-0289
431 W Lincoln Ave, Ionia, MI for Sale
$2,800,000 USD
Drug Store - FOR SALE
1/5
null | Request Cap Rate

431 W Lincoln Ave
Ionia, MI 48846


HIGHLIGHTS

  • 11,145 SF Free Standing Former Pharmacy w/ Drive-Thru & 17,749 SF Retail Building Situated On 3.137 Acres In Ionia, MI
  • Property Zoning - B3
  • Former Rite Aid Pharmacy Constructed In 2006 w/ Drive-Thru
  • Located on Corner Signalized Intersection | W Lincoln Ave and N Dexter Street Boasts Combined Daily Traffic Count of 24,000 VPD+/-
  • Surrounding Retailers: Dollar General, Pizza Hut, KFC, Burger King, AutoZone, Shell Oil, Dominos, and More
  • Ionia Is The Largest City In The County - Located 30 Miles From Grand Rapids & 40 Miles From the State Capitol Lansing, MI

OVERVIEW

11,145 SF Free Standing Former Pharmacy w/ Drive-Thru & 17,749 SF Retail Building Situated On 3.137 Acres In Ionia, MI Property Zoning - B3 Former Rite Aid Pharmacy Constructed In 2006 w/ Drive-Thru Located on Corner Signalized Intersection | W Lincoln Ave and N Dexter Street Boasts Combined Daily Traffic Count of 24,000 VPD+/- Three Mile Average Household Income Exceeds $62,000 Surrounding Retailers: Dollar General, Pizza Hut, KFC, Burger King, AutoZone, Shell Oil, Dominos, and more Ionia Is The Largest City In The County - Located 30 Miles From Grand Rapids & 40 Miles From the State Capitol Lansing, MI & Home To (3) Correctional Facilities Ionia Boasts A Mix of Industries Such As Manufacturing, Healthcare & Education - Notable Employers: Ventra Ionia, Michigan Department of Corrections, Herbruck's Poultry Ranch.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

3+ Acres Former Pharmacy w/ Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Fast Food, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,343 SF

ZONING

B-3

APN/PARCEL ID

201-060-000-035-10

ASK ABOUT THIS PROPERTY

Dante HargisEncore Real Estate Investment ServicesMore Info
248-702-0289

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Dante HargisEncore Real Estate Investment ServicesMore Info
248-702-0289

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.