Alma, MI Commercial Real Estate for Sale

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35 properties

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Updated: Feb 28

Class A Office Building

311 Woodworth Avenue, Alma, MI 48801

$549,900

22,218 sqft 1.13 AC lot

22,218‑square‑foot office building
1.13‑acre downtown Alma site
Class A office building
Elevator access
Fire suppression system

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Updated: Jun 15

Purpose-Built Nursing Home Campus

842 W Warwick Drive, Alma, MI 48801

$4,950,000

34,539 sqft 6.19 AC lot

45 private resident suites, each with an en‑suite bathroom
6.19‑acre healthcare campus in Alma, Michigan
Three residential wings with dedicated nursing stations, kitchens, and support areas
Whole‑building emergency backup generator and comprehensive fire suppression system
Dedicated commercial kitchen area remains in place

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Cannabis Dispensary Property with Included License

1405 Wright Avenue, Alma, MI 48801

$190,000

2,400 sqft 0.63 AC lot

The sale includes a license tied to the real estate, along with an existing storefront and parking lot.

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Freestanding Quick-Service Restaurant

1490 Wright Ave, Alma, MI 48801

$780,771

3,043 sqft 0.73 AC lot

Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.

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Dry-Cleaning Storefront with Drive-Through

316 W Superior Street, Alma, MI 48801

$225,000

2,358 sqft 0.21 AC lot

Existing dry-cleaning layout includes customer pickup space, private office, open production area, and drive-through service.

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Two-Building Multifamily Property

1107 Michigan Avenue, Alma, MI 48801

$275,000

2,782 sqft 0.29 AC lot

Residentially zoned offering with a parsonage and former church building providing distinct living and flexible interior spaces.

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Commercial Land at Highway Corner

7996 N Alger Road, Alma, MI 48801

$1,000,000

2.56 AC lot

Commercial zoning with sewer, natural gas, and three-phase electric service already available on site.

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Updated Foursquare Specialty Property

623 N State St, Alma, MI 48801

$435,000

4,766 sqft

Historic home near downtown with a walkout basement, carriage house garage, and direct access to Wright Park.

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Commercial Land at Highway Junction

7990 N Alger Road, Alma, MI 48801

$1,000,000

1.30 AC lot

Corner development site with municipal sewer, natural gas, and three-phase electric service already available.

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Highway Corner Commercial Land

7900 N Alger Road, Alma, MI 48801

$1,100,000

5.00 AC lot

Commercially zoned acreage with municipal sewer, natural gas, and three-phase electric service on site.

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Multi-Suite Office Building

217 N State St, Alma, MI 48801

$195,000

13,266 sqft

The property combines shared circulation with multiple private restrooms and two building entrances.

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Multi-Suite Office Building

217 N State, Alma, MI 48801

$195,000

13,266 sqft 0.36 AC lot

Shared circulation and restrooms support a mix of larger and smaller office configurations.

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Warehouse with Loading Dock

700 W End Street, Alma, MI 48801

$99,900

26,210 sqft 6.00 AC lot

Warehouse property with dock access, overhead doors, railroad adjacency, and acreage for future commercial use.

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Drive-Through Storefront

316 W Superior St, Alma, MI 48801

$225,000

2,358 sqft

The dry-cleaning operation includes customer parking at both the front and rear of the building.

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Bar with Entertainment Space

308 N State Street, Alma, MI 48801

$200,000

1,220 sqft 0.09 AC lot

Fully equipped bar featuring refreshed seating, an entertainment area, and on-site parking.

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Retail Space with Drive-Through

1420 Wright Avenue, Alma, MI 48801

$2,600,000

14,820 sqft 1.89 AC lot

Brick commercial building with a drive-through, receiving access, parking lot, and an existing transferable NNN lease.

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Single-Story Brick Office Building

303 W Superior St, Alma, MI 48801

Contact for pricing

2,967 sqft

Two-suite office property with multiple bathrooms, abundant natural light, and dedicated parking.

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11-Unit Shopping Center

7342 N Alger Road, Alma, MI 48801

$2,100,000

15,480 sqft 1.90 AC lot

Multi-unit retail plaza positioned beside Meijer with a dedicated parking lot and flexible commercial space.

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Prime Retail Space on M-46

Alma, MI 48801

$475,000

5,000 sqft 2.13 AC lot

Versatile commercial property with high visibility and traffic.

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Office Flex Building

414 N State, Alma, MI 48801

$99,900

3,458 sqft 0.22 AC lot

Multiple offices and larger work/storage areas support a flexible commercial layout.

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Burger King Drive-Through Restaurant

1675 Wright Avenue, Alma, MI 48801

Contact for pricing

2,750 sqft

Remodeled restaurant property featuring an absolute net lease and established occupancy at the site.

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Commercial Land

323 W Superior Street, Alma, MI 48801

$750,000

1.30 AC lot

Corner-site development parcel across from Alma College.

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Soybean-Planted Agricultural Land

Alma, MI 48801

$800,000

Soybeans are planted, and the seller retains harvest rights for the fall 2026 crop.

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Retail Space with Separate Building

2324 W Monroe Road, Alma, MI 48801

$475,000

8,665 sqft 2.13 AC lot

Retail property on the M-46 corridor includes a separate building for additional indoor space.

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Alma, MI Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Alma, MI, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 229,241 square feet of properties for sale, with an estimated market value of $23,037,371.

Sale prices for business properties in Alma, MI start at $49,900, averaging $698,102, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Alma, MI CRE market trends — vacancy, lease rates and price per SF, updated monthly

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Demographics Overview

Population 13K

Population Growth (5Y) +5.6%

Median Household Income $57,449

College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
48801	$677.6K

Taxes & Financing

Tax Rate (average for all types) 4.53%

Tax Rate vs County Average 0.57 pp above county avg

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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