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    Alma, MI
    Grocery Store

    Alma, MI Grocery And Convenience Stores for Sale

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    Adaptable Commercial Property in Alma
    Updated: May 26, 2024
    Adaptable Commercial Property in Alma

    1420 Wright Avenue, Alma, MI 48801

    $3,300,000
    14,820 sqft · 1.89 AC lot
    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.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Grocery Store Building with Refrigeration
    Grocery Store Building with Refrigeration

    128 S Sterling, Ashley, MI 48806

    $139,900
    3,800 sqft · 0.12 AC lot

    Nearly 4,000 SF grocery building with built-in coolers and open retail space, plus back storage.

    View details
    Village Market Building For Sale
    Village Market Building For Sale

    128 S Sterling, Ashley, MI 48806

    $139,900
    4,000 sqft · 0.12 AC lot

    Commercial building in Ashley, Michigan, formerly a village market.

    View details
    Save A Lot Grocery Store
    Save A Lot Grocery Store

    7434 Storey Rd, Belding, MI 48809

    $1,065,000
    26,486 sqft

    Grocery store with long-term lease and annual rent increases.

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    Freestanding Family Dollar Dollar Tree
    Freestanding Family Dollar Dollar Tree

    500 Covered Village, Belding, MI 48809

    $1,250,000

    Freestanding Family Dollar Dollar Tree store, relocated in 2023.

    View details

    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.

    Pinconning Township Land I-75 Access
    Pinconning Township Land I-75 Access

    1420 E Pinconning Road, Pinconning, MI 48650

    $825,000
    22.10 AC lot

    22.1 acre commercial land near I-75 with development potential.

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    Commercial Development Land
    Commercial Development Land

    N Clare Avenue, Harrison, MI 48625

    $210,000
    8.00 AC lot

    Zoned commercial-vacant with road frontage off US 127 interchange, suitable for smaller format neighborhood-serving businesses.

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    Corner Lot on M15
    Corner Lot on M15

    00 Bristol Road, Davison, MI 48423

    $125,000

    Curbed corner lot on M15 and Bristol Road.

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    Corner Commercial Land with High Road Frontage
    Corner Commercial Land with High Road Frontage

    Highland Road, White Lake, MI 48383

    $215,000
    1.16 AC lot

    Commercial land parcel on a corner with substantial frontage on heavily traveled Highland Road.

    View details

    Alma, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 1 grocery and convenience stores for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 14,820 square feet of properties for sale, with an estimated market value of $3,300,000.

    Sale prices for supermarkets 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 10
    Shopping centers 5
    Drug stores 2
    Showrooms 2
    Auto shops 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%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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