$595,000
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101 W Superior Alma, MI 48801
20,452 SqFt
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 20,452 sqft
Price per Sqft $27
Subdivision Downtown Alma
MLS Listing ID 79080013067
Year Built 1898
Lot Size 0.300 Acres
Property Description
This 20,452 square foot building has store fronts on Superior Street and N. State Steet and is located smack dab in the middle of downtown Alma and only about 4 blocks from Alma College! There are currently 10 tenants with leases between the ground level and the second floor and maybe the best part isthere is room for more tenants. But that is not all, there is unfinished space on the second floor, accessible by elevator or two separate stairways, that could be developed into residential units, providing for even more potential income. Currently, the State of Michigan is offering grant money for the completion of such residential projects. There is ample parking on the street and several City of Alma parking lots in the immediate area. Listing brokerage has the financial records, and you won’t be disappointed. The monthly income is impressive, and the potential is enormous!
Location
State MI
County Gratiot
Area Area29022Alma
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Basement, Block
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Alma
School District Alma
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
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