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    1242 E Superior St Alma, MI 48801

    New
    For Sale
    $100,000

    None - Alma, MI

    Property size:
    3,800 SF
    Lot size:
    0.28 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1242 E Superior St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    Basement Y/N
    1
    Size
    3,800 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Forced Air

    Building Details

    Year built
    1920
    Roof type
    Membrane
    Architectural style
    Other

    43 NORTH REALTY (989) 463-1219 [email protected]

    Listing agent Penny Brecht (989) 463-1219

    Listing date Dec 1, 2025

    MLS# 1940885 Listing URL

    Copyright © 2025 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Two Apartments

    This property features approximately 3,800 sq. ft. of ground-floor commercial space, suitable for retail, service businesses, office space, or mixed-use development. It is positioned along a well-traveled route into Alma. The property includes a new 220-amp electrical system on the main level and updated PVC and PEX plumbing throughout both floors. There are three separate electrical meters, allowing for flexible leasing configurations. Evidence suggests recent sewer line replacements. The property also includes two second-floor apartments, each approximately 900 sq. ft., featuring 2 bedrooms, a living room, a kitchen/dining area, a full bathroom, and in-unit laundry hookups. One apartment is move-in ready, while the other requires some repairs. The property is located 1 mile from downtown Alma and 2.5 miles from US-127, situated on a primary entry route into the city, offering strong exposure and traffic flow. It is suited for investors, owner-operators, or entrepreneurs seeking commercial functionality and residential rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cornerstone Of Life Church Church Retriever Services Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alma
    County
    Gratiot
    State
    Michigan
    Longitude
    -84.641878
    Latitude
    43.378606

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile commercial space with residential income potential in Alma, MI.
    Where is this mixed-use property located?
    The property is located at 1242 E Superior St Alma, MI.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Prime commercial space of approximately 3,800 sq. ft. on a highly traveled route with excellent visibility.; - Two income-producing apartments (approx. 900 sq. ft. each) on the second floor, one move-in ready.; - New 220-amp electrical system on the main level and updated PVC/PEX plumbing throughout.
    (989) 463-1219
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    1242 E Superior St Alma, MI 48801
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    Alma, MI 48801
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1242 E Superior St Alma, MI 48801
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