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    Alma, MI
    Conventional Restaurant

    Alma, MI Conventional Restaurants for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI Elm Hall, MI Riverdale, MI Breckenridge, MI Shepherd, MI Wheeler, MI
    Freestanding Quick-Service Restaurant
    Updated: May 15
    Freestanding Quick-Service Restaurant

    1490 Wright Ave, Alma, MI 48801

    $780,771
    3,043 sqft 0.73 AC lot
    Freestanding 3,043 SF KFC on a 0.73‑acre parcel at 1490 Wright Ave in Alma, MI
    Secured by a long‑term 20‑year NNN lease with tenant responsibility for taxes, insurance, and maintenance
    Annual net operating income of $54,654
    Located within a primary retail corridor with proximity to surrounding residential neighborhoods and commercial activity
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Riverfront Restaurant Building
    Downtown Riverfront Restaurant Building

    506 W Broadway, Mt Pleasant, MI 48858

    $1,500,000
    10,327 sqft 7.00 AC lot

    Restaurant property with river frontage in downtown Mt. Pleasant and current operators Mountain Town Station and Camille's on the River.

    View details
    Waterfront Restaurant Property
    Waterfront Restaurant Property

    506 West Broadway Street, Mt Pleasant, MI 48858

    $1,500,000
    10,327 sqft

    Downtown waterfront restaurant property with building and 7 acres along a 600-foot river frontage.

    View details
    Corner Retail and Residential Building
    Corner Retail and Residential Building

    Mount Pleasant, MI 48858

    $269,900
    2,220 sqft

    Corner property with a fully equipped commercial kitchen and an upstairs 2-bedroom apartment, currently under residential R1 zoning.

    View details
    Turnkey Restaurant Near Central Michigan
    Turnkey Restaurant Near Central Michigan

    Mount Pleasant, MI 48858

    $975,000
    4,100 sqft 0.28 AC lot

    Restaurant property in prime location across from Central Michigan University.

    View details

    Alma, MI Conventional Restaurants Market Trends and Statistics

    Explore 1 conventional restaurants for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 3,043 square feet of properties for sale, with an estimated market value of $780,771.

    Sale prices for conventional restaurants in Alma, MI start at $780,771, averaging $780,771, and reaching up to $780,771 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 1
    Coffee shops 1
    Conventional restaurants 1

    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 $2.1M

    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%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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