# 405 W Main Street, Ionia, MI 48846

> **TL;DR:** 0bd/6ba commercial, $700,000 ($61/sqft), built 1890, 11,386 sqft.
> A/C. Est. $3,033/mo. Listed 32 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $700,000 |
| Price/sqft | $61 |
| Bathrooms | 6 full |
| Square Feet | 11,386 |
| Year Built | 1890 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 32 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,033 |
| **Total** | **$3,033** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1890
- 0.21 acre lot
- 2 stories

## Description

### Agent 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 city's 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 Ionia's 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.

## Location

- **Address:** 405 W Main Street, Ionia, MI 48846
- **County:** Ionia
- **Coordinates:** 42.982055, -85.068093
- **Google Maps:** https://www.google.com/maps?q=42.982055,-85.068093

## Listing Agent

- **Name:** Cathy A Hoppough
- **Brokerage:** KW Rivertown Hoppough
- **Phone:** 6169152890
- **Email:** choppough@kw.com

## Primary Photo

![405 W Main Street - Primary Photo](http://lh.rdcpix.com/11b82ea270321f1eeb0e65c8ec5cdfd2l-f3656221895r.jpg)

*53 total photos available on [listing page](https://www.propertysimple.com/listing/405-w-main-street-ionia-mi-48846-26018942)*

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**MLS#:** 26018942 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/405-w-main-street-ionia-mi-48846-26018942)

---

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