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    Alma, MI
    Hospitality

    Alma, MI Hospitality Properties for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    American Foursquare Bed & Breakfast Home
    Updated: Nov 23, 2025
    American Foursquare Bed & Breakfast Home

    623 N State Street, Alma, MI 48801

    $435,000
    4,766 sqft · 0.88 AC lot
    Over 6,000 sq ft American Foursquare‑style home built in 1910 with wood siding and forced‑air heating.
    Updates include a new roof, updated HVAC with central heating/air plus mini‑splits, and updated painting.
    New windows and skylights added to the large attic bonus area.
    Expanded concrete parking and a large 2nd‑story back deck with added concrete underneath.
    Walkout basement with potential to finish, plus a carriage house with a 2‑car garage and unfinished loft.
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    Prime Commercial Land For Sale
    Updated: Oct 6, 2023
    Prime Commercial Land For Sale

    7900,7990,7996 N Alger, Alma, MI 48801

    $2,100,000
    8.86 AC lot
    Prime commercial zoning on a high‑traffic corner lot (Business US‑127 and M‑46) with approximately 21,000 cars/day.
    Eligible for Brownfield Redevelopment TIF Reimbursement of approximately $475,000.
    Approved 10‑year freeze of local property taxes under the Commercial Rehabilitation Act.
    Municipal sewer, natural gas, and 3‑Phase electric are on site.
    Signage visible from US‑127 expressway.
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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 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.

    Versatile Commercial Property with Campground
    Versatile Commercial Property with Campground

    7251 Midland Road, Freeland, MI 48623

    $712,000
    4,960 sqft · 10.19 AC lot

    Commercial property with 3-phase power, workshop, showroom, and campground.

    View details
    Historic Mansion Bed and Breakfast
    Historic Mansion Bed and Breakfast

    Saint Johns, MI 48879

    $945,000
    9,000 sqft · 1.03 AC lot

    Thriving bed and breakfast in a restored 9,000 sq. ft. mansion.

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    Industrial Workshop with Campground
    Industrial Workshop with Campground

    Freeland, MI 48623

    $712,000

    3-phase powered workshop plus attached campground with 35 rustic campsites and a 20x60 pole barn for storage.

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    Prime Development Land on US 127
    Prime Development Land on US 127

    2690 N Us Highway 27, Saint Johns, MI

    $2,000,000
    40.15 AC lot

    40.15 acres on US 127, ideal for development.

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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.

    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    Sanford Vacant Land with Utilities
    Sanford Vacant Land with Utilities

    978 timberlynn trail, Sanford, MI 48657

    Contact for pricing
    0.80 AC lot

    Two lots with water and electric hookups, lake access.

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    Recreation Lot in Gated Campground
    Recreation Lot in Gated Campground

    978 timberlynn trail, Sanford, MI 48657

    $35,000
    0.37 AC lot

    Residential-zoned campground lot with a large deck and shed, positioned inside a gated seasonal community in Sanford.

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    Recreational Land in Gated Community
    Recreational Land in Gated Community

    Red Fox Run, Clare, MI 48622

    Contact for pricing
    0.76 AC lot

    0.76 acre recreational land with resort-style amenities.

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    Alma, MI Hospitality Properties Market Trends and Statistics

    Explore 2 hospitality properties for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 4,766 square feet of properties for sale, with an estimated market value of $435,000.

    Sale prices for hospitality properties in Alma, MI start at $435,000, averaging $435,000, and reaching up to $435,000 — 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

    Bed & breakfasts 1
    Motels 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 $1.5M

    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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