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    1588 Wright Ave Alma, MI 48801

    Sponsored
    For Sale
    Contact for pricing

    2,243 sq ft building, ideal for various uses.

    Property size:
    2,243 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional property located at 1588 Wright Avenue in Alma, Michigan, presents a unique opportunity for a variety of commercial ventures. The building encompasses a substantial 2,243 square feet of space, offering ample room for customization and adaptation to suit specific business needs. Situated on a lot with no acreage, this property is conveniently located within the city of Alma, providing easy access to local amenities and transportation routes. The building's current configuration is classified as "Other," allowing for a broad range of potential uses, from light industrial operations to warehousing, or even creative office spaces. The absence of existing improvements allows for complete design flexibility, enabling prospective buyers to tailor the space to their exact requirements. This presents a blank canvas for entrepreneurs and businesses seeking a functional and adaptable property in a desirable location. The property's size and location make it an attractive investment for those seeking a versatile commercial space with significant growth potential. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request. This is a rare opportunity to acquire a substantial commercial property in Alma, Michigan, at a price to be determined.

    Property Features for 1588 Wright Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,243 SF

    Building Details

    Year Built
    1964
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -84.6667
    Latitude
    43.3942

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    FAQs

    What type of property is this?
    Commercial real estate - 2,243 sq ft building, ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 1588 Wright Ave Alma, MI.
    (989) 463-6085
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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
    1588 Wright Ave Alma, MI 48801
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