Development Opportunity in Retail Corridor - Portion of M-66, Ionia

2811 S State Rd. Ionia, MI 48846

2811 S State Rd. , Ionia, MI, 48846
2811 S State Rd. , Ionia, MI, 48846 2811 S State Rd. , Ionia, MI, 48846 2811 S State Rd. , Ionia, MI, 48846 2811 S State Rd. , Ionia, MI, 48846
FOR SALE
Property Type:
Commercial Land Development
Amount:
$899,000
Cap Rate:
0.00%
Last Verified:
Jul 16, 2025

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SALE PRICE: $899,000 PARCEL A & B COMBINED. $550,00 PARCEL A Two Prime Commercial Parcels in Rapidly Growing Retail Corridor These two 2-acre commercially zoned parcels offer a high-profile location with exceptional frontage on State Road (M-66), providing excellent visibility for future development. The site is flat, clear, and ready for immediate construction, presenting an ideal opportunity for retail, office, or mixed-use projects. Strategically located by Meijer, Menards, Walmart and Aldi, the property is surrounded by dynamic growth, including neighboring sites under development for multi-family housing. The corridor has also seen diverse usage, with Ventra introducing a manufacturing facility and Farm Depot establishing a large storefront nearby. Situated in Ionia Twp., just south of the City of Ionia, this thriving retail hub continues to attract national retailers, making it a destination for shopping, dining, and services in the region.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.