Commercial Land for Sale in Alma, Michigan

Gratiot County Alma, MI 48801

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$2,100,000
8 acres
Active sale agoEst $17,369/mo

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.

Directions

Southeast corner of business 127 and M46.

Location

Elevation
751 feet
Coordinates
43.4073, -84.6648

Property details

Zoning
Office, Retail, Commercial, Restaurant/Food, Motel/Hotel
MLS Number
TAAR 1916740
Date Posted

Property taxes

Recent
$25,625

This 8-acre property is located in Alma, MI 48801 with latitude 43.4073 and longitude -84.6648. The property is currently available for sale for $2,100,000 with a price per acre of $262,500. Listing data is sourced from Northern Great Lakes Realtors MLS # 1916740.

Verify sale details at the property source or contact Results Realty at (989) 400-4443.

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Copyright (C) 2024 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Updated . Checked 2 hours ago. Parcel data by Regrid.

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