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*

$ 861

318 Woodworth Avenue, Alma, MI 48801 - Image 1
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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

Mixed Use

Lot Size

0.32

Year Built

1910

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1926846

Features
General
Roof Asphalt
Zoning Commercial
Sewer Municipal
Construction Frame
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Interior
Basement Crawl Space Michigan Basement
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Exterior
Exterior Features Vinyl Aluminum Brick
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* Excluded Features
List By
Century 21 Lee-Mac Realty

Broker

(989) 737-3927

Phone

Affordability Calculator

$861
Per Month
100%
0%
0%
Monthly Principal & Interest
$861
Monthly Property Taxes
--
Monthly 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
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

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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