Alma, MI 48801,101 W Superior Street
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Alma, MI 48801,101 W Superior Street
Alma, MI 48801,101 W Superior Street
Alma, MI 48801,101 W Superior Street
Alma, MI 48801,101 W Superior Street
Listed by Jayson Sumerix • CENTURY 21 LEE-MAC REALTY
Bought with Bob Fall • CENTURY 21 LEE-MAC REALTY

$565,000

Est. payment /mo

$595,000

5.0%
Est.Price: ?

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101 W Superior Street Alma, MI 48801

20,452 SqFt

SOLD DATE : 12/22/2023

Key Details

Sold Price $565,000

Property Type Commercial

Sub Type Retail/Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 20,452 sqft

Price per Sqft $27

Subdivision Mi

MLS Listing ID 1917666

Sold Date 12/22/23

Year Built 1898

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 113 x 118

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

Zoning Commercial

Rooms

Basement Full, Unfinished, Entrance Inside

Interior

Heating Forced Air, Central Air

Cooling Forced Air, Central Air

Exterior

Exterior Feature Brick, Block

Roof Type Membrane

Present Use Office Building,Retail Store

Road Frontage Public Maintained

Building

Sewer Municipal

Water Municipal Water

Others

Tax ID 51 031 039 00

Ownership Private Owner

Acceptable Financing Commercial Loan, Cash

Listing Terms Commercial Loan, Cash

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Jennifer Rodgers

Broker | License ID: 6505414638

+1(517) 398-2541

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