7900,7990,7996 N Alger Road Alma, MI $ 2,100,000
7900,7990,7996 N Alger Road
$ 2,100,000
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7900,7990,7996 N Alger Road

Alma, MI, 48801
$ 2,100,000
Baths0.0

Monthly Estimate*

$ 13,957

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Studio

Commercial Property for sale in Alma, MI

for $2,100,000. This building was built in 2023 on a lot size of 8.

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.

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Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 25,624

Style

Mixed Use

Lot Size

8

Year Built

2023

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1916740

Features
General
Roof None
Zoning Office Retail Commercial Restaurant/Food Motel/Hotel
Sewer Municipal
Construction None
Energy Efficient Not Applicable
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Interior
Basement None
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Exterior
Exterior Features None
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* Excluded Features
List By
Results Realty

Broker

(989) 620-1837

Phone

Affordability Calculator

$16,093
Per Month
87%
13%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$2,135
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/13/2023$2,100,000 Listed Price

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7900,7990,7996 N Alger Road, Alma, MI, 48801 is a Commercial Property for sale at $2,100,000 with a lot size of 8. 7900,7990,7996 N Alger Road is a studio with 0.0 baths and was built in 2023. The property's zip code is 48801 which is in Alma, MI