Bought with Susan Massaway • RESULTS REALTY
$237,500
$250,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
7996 N Alger Road Alma, MI 48801
28,500 SqFt
Key Details
Sold Price $237,500
Property Type Commercial
Sub Type Hospitality
Listing Status Sold
Purchase Type For Sale
Square Footage 28,500 sqft
Price per Sqft $8
Subdivision Mi
MLS Listing ID 1871386
Sold Date 07/14/22
Year Built 1950
Lot Size 2.560 Acres
Acres 2.56
Lot Dimensions 239 X 329 X 336 X 394
Property Description
GREAT LOCATION OFF THE CORNER OF M-46 AND ALGER(BUS-127), JUST OFF EASY ACCESS TO US-127 IN THE HEART OF MICHIGAN. LARGE TRAFFIC COUNTS AT THE INTERSECTION AND TRAVEL NORTH AND SOUTH ON US-127. PROPERTY HAS BEEN USED AS AN INN AND SUITES AND IS SET UP FOR 52 ROOMS OVER THE TWO STORIES. AN INDOOR POOL IS ALSO CONNECTED ON PROPERTY. THE FULL BASEMENT HOSTED A RESTAURANT IN THE PAST BUT CURRENTLY IS UN FINISHED. THE PROPERTY IS IN NEED OF REPAIR TO REOPEN AS THE EXISTING BUILDING OR TEAR DOWN AND REBUILD ON THIS PREMIER LOT IN MID-MICHIGAN, PURCHASE ALONE OR WITH OTHER NEIGHBORING PROPERTIES FOR A LARGER BUILDING SITE. SQ FEET HAS BEEN ESTIMATED AND NEEDS TO BE VERIFIED BY BUYER.
Location
State MI
County Gratiot
Zoning Commercial
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Forced Air
Exterior
Exterior Feature Block
Roof Type Membrane,Metal
Present Use Other
Road Frontage Easement, Public Maintained
Building
Sewer Municipal
Water Private Well
Others
Tax ID 12-027-006-50
Ownership Private Owner
Acceptable Financing Cash, Commercial Loan, Net Lease (NNN)
Listing Terms Cash, Commercial Loan, Net Lease (NNN)
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