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*

$ 1,231

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.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.09

Year Built

1952

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

1934056

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Possession Negotiable
Roof Membrane
Security Features Security System
Construction Materials Frame Block Stucco/Drivit
Year Built 1952
Township City of Alma
Property Subtype Hospitality
Business Type Bar/Tavern/Lounge
Accessibility None
Assoc Fee Paid Per Annually
Business Name Pine Knot Bar
County Gratiot
New Construction N
Property Type Commercial Sale
Attached Garage N
Energy Efficient Not Applicable
Subdivision Name Downtown Alma
Garage Y/N N
Building Features Phone System
Green Water Conservation Not Applicable
Rent Includes None
Status Active U/C Taking Backups
Directions S. on N. State from E. Superior St. Downtown Alma.
City Alma
Zoning Description Commercial
Lot Size Units Acres
Lot Size Square Feet 3920.4
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
Tax Assessed Value 30600
Ownership Type Private Owner
Lease Amount Frequency Annually
Legal Description ORIGINAL TOWN S 1/2 OF LOT 8 EXCEPT S 9 FT BLOCK 22. 308 N STATE.
Year Built Effective 2018
Freehold IDX
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Interior
Furnished Y/N Furniture/Fixtures
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 Parking Lot On Street
Lot Features Interior Lot
Water Source Public
Lot Size Area 0.09
Foundation Details Slab
Spa N
Lot Dimensions 24 x 165
Lot Size Acres 0.09
Other Parking Parking Lot Street Parking
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

$1,231
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,231
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
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