Alma, MI
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    Alma, MI Drug Stores for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    Versatile Retail Space in Alma
    $3,300,000
    14,820 SF
    Versatile Retail Space in Alma

    1420 Wright Avenue, Alma, MI 48801

    Adaptable commercial property with drive-through, ideal for various businesses.
    • Prime location on one of the busiest corners in Gratiot County, ensuring high visibility and traffic.
    • Established, transferrable NNN lease with 8 years remaining on a 25‑year term, ending in 2032.
    • Expansive almost 15,000 square foot building offering a versatile space for various commercial uses.
    • Equipped with a convenient drive‑through, suitable for medical, retail, or service‑oriented businesses.
    • Located less than a block from the Masonic Home and MyMichigan Medical Center Alma Hospital.
    Updated: May 24, 2024
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    Adaptable Commercial Property in Alma
    $3,300,000
    14,820 SF
    Adaptable Commercial Property in Alma

    1420 Wright Avenue, Alma, MI 48801

    Versatile 14,820 sqft commercial space in a high-traffic location.
    • Prime location on a high‑traffic corner near the Masonic Home and MyMichigan Medical Center Alma Hospital.
    • Existing transferrable NNN lease with 8 years remaining (ending in 2032) of a 25 year term.
    • Expansive almost 15,000 sq ft building suitable for diverse commercial uses (retail, medical, office, etc.).
    • Drive‑through for convenient customer access.
    • ADA compliant bathrooms, doors, and entrances.
    Updated: May 26, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Retail Pharmacy with Drive-Thru
    $360,000
    3,381 SF
    Retail Pharmacy with Drive-Thru

    3381 SF retail pharmacy with drive-thru on 1.028 acres.

    5470 Gratiot Rd, Saginaw, MI

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    Versatile Commercial Building, Ithaca, MI
    $85,000
    952 SF
    Versatile Commercial Building, Ithaca, MI

    High-visibility corner lot suitable for various business ventures.

    725 E Center, Ithaca, MI 48847

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    Prime Retail Opportunity in Saginaw
    $1,299,000
    11,459 SF
    Prime Retail Opportunity in Saginaw

    Former Rite Aid location with over 11,000 square feet.

    5050 Gratiot Rd, Saginaw, MI

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    Retail Space on Gratiot Road
    $1,299,000
    11,114 SF
    Retail Space on Gratiot Road

    Retail space available for sale on M-46 and Center.

    5050 Gratiot Rd, Saginaw, MI 48603

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near US-31
    $185,000
    0.23 Acres
    Commercial Land Near US-31

    Commercial land with high visibility near medical facilities and retailers.

    1257 E Sherman Boulevard, Norton Shores, MI 49444

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    Hart, MI Undeveloped Commercial Land
    $300,000
    23.56 Acres
    Hart, MI Undeveloped Commercial Land

    23.56 acres of commercially zoned land near expressway.

    3308 W Monroe Road lot: B - 23.56 Acres, Hart, MI 49420

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    Undeveloped Land in Weare Township
    $360,000
    25.74 Acres
    Undeveloped Land in Weare Township

    25.74 acres of commercially zoned land near expressway.

    3308 W Monroe Road lot: C - 25.74 Acres, Hart, MI 49420

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    Hart, MI Undeveloped Commercial Land
    $60,000
    2.18 Acres
    Hart, MI Undeveloped Commercial Land

    2.18 acres of commercially zoned land near expressway.

    3308 W Monroe Road lot: A - 2.18 Acres, Hart, MI 49420

    View details

    Alma, MI Drug Stores Market Trends and Statistics

    Explore 2 drug stores for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 29,640 square feet of properties for sale, with an estimated market value of $6,600,000.

    Sale prices for pharmacies in Alma, MI start at $3,300,000, averaging $3,300,000, and reaching up to $3,300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 9
    Shopping centers 5
    Drug stores 2
    Showrooms 2
    Banks 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 $3.3M

    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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