1420 Wright Avenue Alma, MI $ 3,600,000
1420 Wright Avenue
$ 3,600,000
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1420 Wright Avenue

Alma, MI, 48801
$ 3,600,000
Baths0.0 Sq 14,820

Monthly Estimate*

$ 23,927

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Studio

Commercial Property for sale in Alma, MI

for $3,600,000. This 14,820 square foot building was built in 2005 on a lot size of 1.89.

Seize this exceptional opportunity to establish your business in a versatile commercial property, previously home to a national chain drug store. This expansive almost 15,000 square foot building offers a blank slate for your vision, featuring a prime location on one of the busiest corners in Gratiot County. Key Features: -Established current lease: This property currently has a transferrable NNN lease for the remaining 8 years of a 25 year term, ending in 2032. - Drive-Through Pharmacy: Equipped with a convenient drive-through area, perfect for medical, retail, or service-oriented businesses. - Fire Suppression System: Fully installed fire suppression system ensures safety and compliance with local regulations. - ADA Compliant: The property includes ADA compliant bathrooms, doors, and main level entrances, ensuring accessibility for all customers. - Receiving Area: Roll-up outside doors provide easy access for receiving deliveries, enhancing operational efficiency. - Security System: the property is protected by a Bosch Commercial alarm/burglary protection system. Location Highlights: - Central Location: Ideally situated in the heart of Alma, this property is less than a block away from the Masonic Home and the MyMichigan Medical Center Alma Hospital, ensuring high visibility and traffic. - High Traffic Area: Positioned on one of the county’s busiest corners, your business will benefit from excellent exposure to both foot and vehicle traffic. - Proximity to Amenities: Close to various local amenities, including shopping centers, dining options, and other professional services, making it a convenient destination for your customers. Potential Uses: - Retail Store - Medical Facility - Office Space - Supermarket - Fitness Center This property’s adaptable layout and strategic location make it ideal for a wide range of commercial uses. Don’t miss out on the chance to create your perfect business space in a thriving area of Alma.

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Commercial Active

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 49,496

Style

Commercial/Industrial

Lot Size

1.89

Year Built

2005

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

80046318

Features
General
Heating Forced Air
Cooling Central A/C
Possession At Close
Water Public Water
Status Active Active
Year Built 2005
Parking Parking Lot
Subdivision N/A MI
County Gratiot
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name K & H ALMA PROPERTIES LLC
Percent Ownership Corporation
Municipality Alma
Section 34
Zoning Commercial
Commercial Features ADA Accessible Bath Concrete Floor Loading Dock(s) Overhead Doors Security Syetem Owned Sprinkler System
Area Alma (29017)
Primary City Alma
Location Corner Lot
Directions Northeast corner of Wright Avenue and Warwick Drive in Alma
City Alma
Financial Terms Cash Commercial Loan
Legal Description A PARCEL OF LAND IN THE NW 1/4 OF THE NW 1/4 OF THE NW 1/4 OF SEC 34-12-3 CITY OF ALMA GRATIOT COUNTY MICHIGAN
DOM 25
Postal Code 48801
Price Per Sq Ft Total AG 242.91
Coming Soon Seize this exceptional opportunity to establish your business in a versatile commercial property previously home to a national chain drug store. This expansive almost 15
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Exterior
Exterior Block Brick
Lot Size Area 1.89
Lot Dimensions 315 x 270
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Interior
Ceiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded Features
List By
Micah Kemler

Listing Agent

43 North Realty

Broker

mkemler7@gmail.com

Email

Affordability Calculator

$28,051
Per Month
85%
15%
0%
Monthly Principal & Interest
$23,927
Monthly Property Taxes
$4,125
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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/25/2024$3,600,000 Listed Price

Map


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1420 Wright Avenue, Alma, MI, 48801 is a Commercial Property for sale at $3,600,000 with 14,820 sqft and a lot size of 1.89. 1420 Wright Avenue is a studio with 0.0 baths and was built in 2005. The property's zip code is 48801 which is in Alma, MI