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    1636 Wright Ave Alma, MI 48801

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    For Sale
    Contact for pricing

    Versatile 5,500 sq ft building in Alma, MI. Ideal for various uses.

    Property size:
    5,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This unique 5,500 square foot property located at 1636 Wright Avenue in Alma, Michigan presents a compelling opportunity for a diverse range of businesses or investors. Situated on a lot with no acreage, the building's substantial size offers ample space for customization and adaptation to suit specific operational needs. The property is classified as "Other," indicating its adaptability and potential for creative uses. The absence of a listed price suggests flexibility in negotiations and a willingness to consider various offers. Given its size and location in Alma, MI, this property is well-suited for businesses seeking a prominent presence in the community. The lack of acreage may be advantageous for businesses that prioritize accessibility and minimize land maintenance. Prospective buyers or tenants are encouraged to conduct their own due diligence to assess the property's suitability for their intended purpose. The building's current condition and any necessary renovations or upgrades should be thoroughly investigated before making a decision. This property offers a blank canvas for a wide array of commercial ventures, making it an attractive proposition for those seeking a unique and adaptable space in a convenient location. Further details regarding zoning and permitted uses can be obtained through the appropriate municipal channels.

    Property Features for 1636 Wright Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,500 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
    -84.66661
    Latitude
    43.39436

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile 5,500 sq ft building in Alma, MI. Ideal for various uses.
    Where is this commercial real estate located?
    The property is located at 1636 Wright Ave Alma, MI.
    (989) 463-6085
    Request Owner's contact information
    1636 Wright Ave 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
    1636 Wright Ave Alma, MI 48801
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