Ionia, MO High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ionia, Missouri Market population: 11K. Browse multifamily, office, retail, industrial, and mixed-use investment opportunities....
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ionia MI Properties: 0.5000%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Ionia MI
Common questions from investors exploring commercial real estate in Ionia MI.
What's the overall investment potential of Ionia, MI, considering its demographics and economy?
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Ionia, MI's investment potential is promising, given its median household income of $49,375, a relatively high poverty rate of 18.1%, and a strong employment base in manufacturing, health care, and retail trade, which suggests a stable market with opportunities for growth, especially with a high health insurance coverage rate of 95.5% and an average commute time of 23.4 minutes.
How does the city's ethnic diversity and industry mix impact market demand for real estate investments?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic or Latino, combined with its strong industry presence in manufacturing, health care, and retail trade, indicates a robust market demand for real estate investments, particularly with a foreign-born rate of 2.45% and a median property value of $123,400.
What are the key factors to consider when assessing the quality of life for tenants in Ionia, MI, and how do they impact investment decisions?
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When evaluating the quality of life for tenants, factors like the average commute time of 23.4 minutes, top commute methods including driving alone and carpooling, and a high health insurance coverage rate of 95.5% are crucial, as they suggest a convenient and relatively healthy environment, which can attract reliable tenants and support long-term investment stability, especially in a city with a poverty rate of 18.1%.
How do the poverty rate, health insurance coverage, and median household income in Ionia, MI, influence the tenant quality and potential for rental income?
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The combination of an 18.1% poverty rate, 95.5% health insurance coverage, and a median household income of $49,375 in Ionia, MI, indicates a working-class market with a degree of employment stability, suggesting that tenants may have a relatively stable income source, which can lead to more reliable rental income, especially with a median gross rent of $844 and a rent burden of 31.4%.
What role do the top industries and commute times play in determining the market stability and potential for real estate appreciation in Ionia, MI?
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The presence of top industries like manufacturing, health care, and retail trade, along with average commute times of 23.4 minutes, contributes to market stability and potential for real estate appreciation in Ionia, MI, as these factors indicate a strong employment base and convenient transportation options, which can attract more residents and businesses, driving up property values over time, particularly with a median property value of $123,400 and a homeownership rate of 68.2%.
Ionia MI Real Estate & City Facts
Key facts and real estate information about Ionia MI.
What are some of the best neighborhoods to live in Ionia?
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Some of the best neighborhoods to live in Ionia include Portland, Belding, and the central parts of the city. These areas tend to have more desirable homes and are close to local amenities. However, more affordable options can be found in the west regions of the city.
What are some fun things to do in Ionia?
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There are plenty of fun things to do in Ionia, including visiting Bertha Brock Park, the Ionia State Recreation Area, and the John C Blanchard House. You can also explore the city's beautiful parks, go hiking, camping, or fishing, and check out the local events and attractions in downtown Ionia.
What is the food scene like in Ionia?
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Ionia has a diverse food scene, with a range of restaurants serving different cuisines. Some popular options include Olivera's Pizzeria & Restaurant for Italian food, El Mariachi for Mexican, and Aunt Stephie's for casual dining. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Ionia?
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The pros of living in Ionia include its beautiful parks, outdoor recreational opportunities, and small-town charm. However, some cons include the limited job opportunities and lower median household income compared to other areas. Additionally, the city's rural location may make it difficult to access certain amenities or services.
Is Ionia a good place to live?
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Ionia can be a great place to live for those who value a small-town atmosphere and outdoor recreation. While it may have some limitations in terms of job opportunities and amenities, the city's natural beauty, friendly community, and affordable housing make it an attractive option for families and individuals looking for a relaxed pace of life.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ionia MI Commercial Property: $49,375
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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