Address
7900,7990,7996 N Alger Road, Alma, MI
Price
$ 2,100,000
Property Attributes
  • MLS#1916740
  • TypeCommercial
  • CountyGRATIOT
  • CityAlma
  • AreaGratiot
  • NeighborhoodPine River
  • Zip48801
  • StyleMixed Use
  • Year Built2023
  • Taxes$ 25624
  • Price$ 2,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8 Acres
Data Source:
Northern Great Lakes REALTORS® MLS (NGLRMLS)
Property Description

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.

Price History
10/13/2023 Listed $2,100,000

General Features

Roof None
Zoning Office,Retail,Commercial,Restaurant/Food,Motel/Hotel
Sewer Municipal
Construction None
Energy Efficient Not Applicable

Interior Features

Basement None

Exterior Features

Exterior Features None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48801

Price
AVG $280K
$2.1M
Taxes
AVG $9,049
$25,624
Visits
AVG 72
87
Data Provided by Inside Real Estate®
Year Built
AVG 1955
2023
Walkscore
AVG 53
31
Data Provided by Walkscore® not using MLS data

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