318 Woodworth Avenue Alma, MI $ 138,000
318 Woodworth Avenue
$ 138,000
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318 Woodworth Avenue

Alma, MI, 48801
$ 138,000
Bedrooms-- Baths--

Monthly Estimate*

$ 850

318 Woodworth Avenue, Alma, MI 48801 - Image 1
318 Woodworth Avenue, Alma, MI 48801 - Image 2
318 Woodworth Avenue, Alma, MI 48801 - Image 3
318 Woodworth Avenue, Alma, MI 48801 - Image 4
318 Woodworth Avenue, Alma, MI 48801 - Image 5
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318 Woodworth Avenue, Alma, MI 48801 - Image 7
318 Woodworth Avenue, Alma, MI 48801 - Image 8
318 Woodworth Avenue, Alma, MI 48801 - Image 9

Commercial Property for sale in Alma, MI

for $138,000. This building was built in 1910 on a lot size of 0.32.

Exciting Investment Opportunity in Alma, MI: 3-4 Unit Property Ready for Transformation! Located in the heart of Alma, this 3-4 unit property presents a rare investment opportunity. Completely gutted and primed for renovation, the possibilities are endless for a savvy investor or developer looking to bring this property back to life. Whether you're envisioning spacious multi-family living units or custom-designed apartments, the blank canvas allows for creative freedom. Situated just off of the business district in a quiet neighborhood, this property offers easy access to Alma College, downtown amenities, parks, and local schools, making it an ideal location for future tenants. With demand for rental units rising in Alma, this is a prime chance to design a high-demand space with modern amenities. All major demo work has been completed, allowing you to jump straight into the build phase. Potential for 3 or 4 rental units with ample off-street parking and outdoor space. Bring your vision, contractors, and design ideas to create a lucrative income-generating property in a growing community. Don't miss this blank-slate opportunity in one of Mid-Michigan's most promising rental markets!

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Commercial Active

Price

$ 138,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.32

Year Built

1910

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1926846

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Roof Asphalt
Construction Materials Frame Vinyl Siding Aluminum Siding Brick
Year Built 1910
Township City of Alma
Property Subtype Mixed Use
Business Type None
Accessibility None
Assoc Fee Paid Per Annually
Business Name N/A
County Gratiot
New Construction N
Property Type Commercial Sale
Attached Garage N
Subdivision Name N/A
Garage Y/N N
Building Features None
Rent Includes None
Status Active
Directions S. on Woodworth from Superior.
City Alma
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 13939.2
Carport Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Lease Considered Y/N N
Living Area Units Square Feet
Standard Status Active
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description N 1/3 OF LOT 21 & ALL OF LOTS 22 23 & 24 BLK 23 OT
Freehold IDX
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Interior
Basement Crawl Space Michigan Basement
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Common
Water Source Public
Lot Size Area 0.32
Spa N
Lot Dimensions 88 x 158
Lot Size Acres 0.32
Other Parking Common
Waterfront Y/N N
Road Responsibility Public Maintained Road
Horse Y/N N
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* Excluded Features
List By
Century 21 Lee-Mac Realty

Broker

Bob@MyWiseCouncil.com

Email

Affordability Calculator

$850
Per Month
100%
0%
0%
Monthly Principal & Interest
$850
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2034270 Elementary School
2034440 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/28/2025$138,000 -2.82% Price Down
1/6/2025$142,000 -5.33% Price Down
9/5/2024$150,000 Listed Price

Map


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318 Woodworth Avenue, Alma, MI, 48801 is a Commercial Property for sale at $138,000 with a lot size of 0.32. 318 Woodworth Avenue was built in 1910. The property's zip code is 48801 which is in Alma, MI