124 E Superior Street Alma, MI ^$ 179,900

124 E Superior Street

^$ 179,900

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124 E Superior Street

Alma, MI, 48801

^$ 179,900

Studio Baths0.0 Sq 3,939

Monthly Estimate*

^$ 1,196

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124 E Superior Street, Alma, MI 48801 - Image 3

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124 E Superior Street, Alma, MI 48801 - Image 9

124 E Superior Street, Alma, MI 48801 - Image 10

124 E Superior Street, Alma, MI 48801 - Image 11

124 E Superior Street, Alma, MI 48801 - Image 12

Studio

Commercial Property for sale in Alma, MI

for $179,900. This 3,939 square foot building was built in 1910 on a lot size of 0.1.

AN INVESTOR'S DREAM! Opportunities like this do not come along every day! Located in the heart of downtown Alma, three long-term tenants occupy the main floor, offering $1550.00 per month in rental income. But wait! Here's the best part...the second floor offers an additional 3000 sq ft of amazing POTENTIAL! With the necessary permits and approval, there is easily enough space to convert this blank slate into 3-4 apartments, allowing you to double, if not triple your monthly income! The possibilities are endless! Definitely not a drive by, call your Realtor today to schedule a closer look!

Commercial Active

Price

^$ 179,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.1

Year Built

1910

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

80046106

Features

General

Heating Forced Air

Cooling Central A/C

Possession Subject To Tenant Rights

Roof Asphalt

Water Public Water

Status Active Active

Year Built 1910

Subdivision Dew Point Two Plaza MI

County Gratiot

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name N/A

Percent Ownership Private

Municipality Alma

Section 3

Zoning Commercial

Area Alma (29017)

Primary City Alma

Location Corner Lot

Directions Corner of Woodworth and Superior

City Alma

Financial Terms Cash Commercial Loan Conventional

Legal Description THE 3 52 FT OF N 83 FT OF LOTS 1 & 2 BLK 22 ORIGINAL TOWN

DOM 22

Postal Code 48801

Price Per Sq Ft Total AG 45.67

Coming Soon AN INVESTOR'S DREAM! Opportunities like this do not come along every day! Located in the heart of downtown Alma three long-term tenants occupy the main floor

Exterior

Exterior Frame Vinyl Siding

Lot Size Area 0.1

Lot Dimensions 52 x 83

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Meredith Lott

Listing Agent

New Horizons Realty

Broker

meredith@centralmichiganhomes.com

Affordability Calculator

$1,196

Per Month

Monthly Principal & Interest: $1,196
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Alma, MI

Average List Price ^$421,246

Percent of Sale Price 134%

About Alma, MI

9,004 Population

-3% Since 2002

^$35,817 Median Income

31.88 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2024	$179,900		Listed Price

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124 E Superior Street, Alma, MI, 48801 is a Commercial Property for sale at $179,900 with 3,939 sqft and a lot size of 0.1. 124 E Superior Street is a studio with 0.0 baths and was built in 1910. The property's zip code is 48801 which is in Alma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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124 E Superior Street

Commercial Property for sale in Alma, MI

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