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Property profile & analytics
OFF-MARKET
Commercial real estate

303 Superior St Alma, MI 48801-1652

0.09 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US43-3986628
Property summary
AI-generated overview

This exceptional executive office building, located at 303 W Superior St in downtown Alma, Michigan, offers multiple suites for lease. The single-story, 2,967 square foot building, constructed in 1960 and renovated in 2008, boasts an all-brick exterior with recently updated roof, windows, and doors. The interior features a high-quality finish, including two suites, each equipped with spacious meeting rooms and two bathrooms. All offices have been recently decorated. The property is zoned B-1 and sits on a 0.09-acre lot. The building is classified as Class B and offers flexible lease options with a minimum divisible space of 1,483 square feet and a maximum contiguous space of 2,967 square feet. Currently, 5,933 square feet are vacant and available for lease. Ample parking is available for tenants and their clients. This prime location in the heart of Alma provides excellent visibility and accessibility. The property presents a fantastic opportunity for businesses seeking modern, well-maintained office space in a thriving downtown setting. The building's convenient location and attractive features make it an ideal choice for a variety of professional uses. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.09 ac (3,920 SF)
APN 51-031-005-00
UPID US43-3986628
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kas-mikha Investments LLC · 3 yrs held
Kas-mikha Investments LLC
since 2022
Last sale
$125,000
1 recorded transaction
2022
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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