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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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    Burger King Drive-Through Restaurant
    Updated: Aug 10
    Burger King Drive-Through Restaurant

    1675 Wright Avenue, Alma, MI 48801

    Contact for pricing
    2,750 sqft
    Burger King drive‑through restaurant with 2,750 square feet
    Absolute net lease guaranteed by GPS Hospitality, Inc.
    Significant property remodel completed in 2020
    More than 35 years of occupancy at the location
    Built in 1987
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Restaurant with Existing Kitchen
    Restaurant with Existing Kitchen

    1623 S Mission Street, Mt Pleasant, MI 48858

    $1,449,000
    5,773 sqft 1.01 AC lot

    Former restaurant property beside Central Michigan University with dining, storage, and food-service infrastructure in place.

    View details
    Freestanding Restaurant with Existing Kitchen
    Freestanding Restaurant with Existing Kitchen

    1623 S Mission Street, Mount Pleasant, MI 48858

    $1,449,000
    5,773 sqft

    Former restaurant facility with dining, food-service, storage, and office improvements near Central Michigan University.

    View details
    Waterfront Restaurant Property
    Waterfront Restaurant Property

    506 W Broadway, Mt Pleasant, MI 48858

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

    Restaurant property with substantial building area, river frontage, on-site parking, and a downtown setting near civic and park amenities.

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    Full-Service Restaurant and Bar
    Full-Service Restaurant and Bar

    1516 S Mission St, Mount Pleasant, MI 48858

    Contact for pricing
    7,922 sqft

    Restaurant and bar property near Central Michigan University with CD-5 COMMERCIAL zoning and sale or lease flexibility.

    View details

    Alma, MI Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 5,793 square feet of properties for sale, with an estimated market value of $780,771.

    Sale prices for conventional restaurants in Alma, MI average $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

    Conventional restaurants 3
    Bars & Pubs 1
    Drive through 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 $780.8K

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Gratiot County

    Residential Income

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