7900,7990,7996 N Alger Road Active

Pine River Twp,MI 48801

$ 2100000

0 Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Na

MLS Listing ID 79080012162

Year Built 2023

Annual Tax Amount $25,624

Lot Size 8.000 Acres

Property Description

Approximately 8.86 acres of prime commercially zoned property on the Southeast corner of Business US-127 and M-46. This property is ideal for a motel, restaurant and 1-2 other businesses. It has one of the highest daily traffic counts in the Mid-Michigan area. (approximately 21,000 cars/day) Signage can be seen from the US-127 expressway. The property is eligible for Brownfield Redevelopment TIF Reimbursement of approximately 475,000. of eligible expenses that should be transferable to the buyer. Additionally, Pine River Township approved an application by the current owner of a 10 - year freeze of local property taxes under the Commercial Rehabilitation Act. Municipal sewer, natural gas, and 3 Phase electric is on site. Municipal water and multiple providers of high-speed internet are available.

Location

State MI

County Gratiot

Area Pine River Twp

Zoning Commercial,Office

Interior

Heating No Heat

Exterior

Pool No

Waterfront no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Other

Schools

School District Alma

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Special Listing Condition Unknown/Data Share Listings

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