308 N State Street Alma, MI ^$ 200,000

308 N State Street

^$ 200,000

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308 N State Street

Alma, MI, 48801

^$ 200,000

Bedrooms-- Baths-- Sq 1,220

Monthly Estimate*

^$ 1,248

308 N State Street, Alma, MI 48801 - Image 1

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308 N State Street, Alma, MI 48801 - Image 9

308 N State Street, Alma, MI 48801 - Image 10

Commercial Property for sale in Alma, MI

for $200,000. This 1,220 square foot building was built in 1952 on a lot size of 0.09.

Own a true community staple in the heart of Alma! The Pine Knot Bar has been a beloved local gathering spot for decades, known for its welcoming atmosphere, loyal customer base, and deep roots in the community. This turn-key operation includes a fully equipped bar, updated seating area, and entertainment space-all ready for a smooth transition to the next owner. Located in the perfect location with street and rear parking, this property offers excellent exposure and accessibility. The business is well-established and presents a unique opportunity for an owner/operator or investor to continue the tradition or bring fresh energy and ideas to a local favorite. Don't miss this rare chance to own a piece of Alma's history and shape its future-The Pine Knot Bar is ready for what's next.

Commercial Active

Price

^$ 200,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.09

Year Built

1952

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

80057385

Features

General

Heating Forced Air

Cooling Central A/C

Possession Negotiable (Possession)

Water Public Water

Status Active Accepting Backup Offers

Year Built 1952

Parking Parking Lot

Subdivision Downtown Alma MI

County Gratiot

Class COM/IND/BUS OPP

Type Business

Business Name Pine Knot Bar

Ownership Private

Municipality Alma

Section 3

Zoning Commercial

Sale/Rent For Sale

Status Detail 3

Commercial Features Fixtures Security Syetem Owned

Area Alma (29017)

Primary City Alma

Directions S. on N. State from E. Superior St. Downtown Alma.

City Alma

Financial Terms Cash Conventional Exchange/Trade

Legal Description ORIGINAL TOWN S 1/2 OF LOT 8 EXCEPT S 9 FT BLOCK 22. 308 N STATE.

DOM 197

Postal Code 48801

Price Per Sq Ft Total AG 163.93

Public Remarks Own a true community staple in the heart of Alma! The Pine Knot Bar has been a beloved local gathering spot for decades known for its welcoming atmosphere loyal customer base

Exterior

Exterior Frame Stucco

Lot Size Area 0.09

Lot Dimensions 24 x 165

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Bob Fall

Listing Agent

Century 21 Lee-Mac Realty

Broker

Bob@MyWiseCouncil.com

Affordability Calculator

$1,248

Per Month

Monthly Principal & Interest: $1,248
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$495,175

Percent of Sale Price 148%

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
5/21/2025	$200,000		Listed Price

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308 N State Street, Alma, MI, 48801 is a Commercial Property for sale at $200,000 with 1,220 sqft and a lot size of 0.09. 308 N State Street was built in 1952. 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 6.375% 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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308 N State Street

Commercial Property for sale in Alma, MI

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