KimberlySharp
MLS#26018942
STATUSActive
PROPERTY TYPECommercial - Retail
SCHOOLIonia
Property Description
Positioned in the heart of historic downtown Ionia, the iconic Stevenson Building is a rare opportunity to own a fully leased, income-producing mixed-use property on the citys charming red brick Main Street. This standout property blends timeless character with strong cash flow and future upside.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 Ionias 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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Heating: Baseboard
Lot Size: 0.21 Acres
Roof Type: Composition
Taxes: $10,485
Year Built: 1890
Feature Descriptions
Business Type: Professional/Office, Retail
Days on Site: 7
Exterior: Brick
Interior: Broadband
Lot Dimensions: 68x132
Parcel Number: 201-050-000-355-00
Road Surface: Paved
Sub Type: Business
Units: 7
Utilities: Natural Gas Connected, Electricity Connected
Local Schools
School District: Ionia
Listed By / Shown By
Listed By
Agency Name: KW Rivertown Hoppough
Agency Phone: 616-523-4300
Agent Name: Cathy A Hoppough
Shown By
Agent Name: Kimberly Sharp
Agent Phone: (734) 478-4715
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/07/2026. |
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405 W Main Street | MLS# 26018942
This commercial property located at 405 W Main Street, Ionia, MI 48846 is currently listed for sale with an asking price of $700,000. W Main Street is located within the Ionia school district. Search Ionia real estate on kimberlysharp.ikeyrealty.com today.