Historic Opera House Retail
For Lease
$14 SF/Yr
101 E Superior Drive, Alma, MI 48801
COMMERCIAL - Alma, MI
Space Size3,200 SF
Days on Market998
Property Features for 101 E Superior Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
Commercial
Parking features
Offsite
Exterior features
Brick
Lot features
Corner Lot
Directions
Corner of State and Superior.
Subdivision
Gratiot
Standard status
Active
Size
3,185 SF
Taxes and HOA fees
Tax Description
ORIGINAL TOWN, LOTS 7 & 8, BLOCK 21. OPRA FROZEN PARCEL 970-009-13 EXP 12/30/2025 OPRA REHAB PARCEL 971-009-13 EXP 12/30/2025
Legal Description
ORIGINAL TOWN, LOTS 7 & 8, BLOCK 21. OPRA FROZEN PARCEL 970-009-13 EXP 12/30/2025 OPRA REHAB PARCEL 971-009-13 EXP 12/30/2025
Building Details
Building materials
Brick
Roof type
Membrane
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 463-6085
Listed By:
Adam Vibber · License #6506046950
(989) 560-3069
Added: Nov 27, 2023
Changed: Aug 4
Last Checked: Aug 21 at 12:06AM
MLS# 1917899
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Approximately 3,185 square feet of retail space is available in the Opera House building. The unit is currently delivered as a white box and is ready for a new tenant, with the building having been modernized while still retaining historic character. Large windows and doors provide abundant natural light.
Located in downtown Alma, the building sits on a street with strong traffic in front. The property also includes more than 50 college residents living in the upper floors, supporting daily foot traffic from within the building.
This storefront is suited for tenants looking to customize the interior from a clean, open starting point while maintaining the building’s historic look and modernized condition.
Located in downtown Alma, the building sits on a street with strong traffic in front. The property also includes more than 50 college residents living in the upper floors, supporting daily foot traffic from within the building.
This storefront is suited for tenants looking to customize the interior from a clean, open starting point while maintaining the building’s historic look and modernized condition.
Key Highlights
- Almost 3,200 SF of lease space available in the Opera House building
- Space is currently in white box condition and ready for a new tenant
- Historic Opera House building has been modernized while retaining original historic charm
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Home Improvements & Furnishings 20%
Dollar General
Shops & Services
7,511 visits/mo
0.3 miles
Alma True Value Hardware
Home Improvements & Furnishings
2,218 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
2,031 visits/mo
0.1 miles
Citgo
Shops & Services
1,713 visits/mo
0.4 miles
Mercantile Bank
Shops & Services
1,213 visits/mo
0.2 miles
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Market
Lease Benchmarks for Alma, MI
$21.87 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,689 SF
Avg Space Size
This space is priced 36% below the average of $21.87 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a modernized opera house building offers a white-box layout with large windows and doors for strong street presence.
Where is this retail space located?
The property is located at 101 E Superior Drive Alma, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Almost 3,200 SF of lease space available in the Opera House building; Space is currently in white box condition and ready for a new tenant; Historic Opera House building has been modernized while retaining original historic charm
