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    Alma, MI

    Alma, MI Commercial Real Estate for Sale

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    Class A Office Building with Parking
    Updated: Feb 28
    Class A Office Building with Parking

    311 Woodworth Avenue, Alma, MI 48801

    $549,900
    22,218 sqft 1.13 AC lot
    Class A office building in downtown Alma
    Large parking lot on‑site
    Elevator in the building
    Fire suppression system
    Exterior constructed of brick and steel
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    Office Building with Multiple Suites
    Updated: Mar 24
    Office Building with Multiple Suites

    217 N State, Alma, MI 48801

    $195,000
    13,266 sqft 0.36 AC lot
    State Street Plaza in downtown Alma—over 13,000 sq. ft. block building with membrane roof
    Current tenant mix: Gym occupies a 6,500 sq. ft. suite; MSU Extension occupies nearly 3,000 sq. ft.
    Vacant nearly 2,000 sq. ft. suite plus two smaller office suites available in the building
    Suite layout includes a common hallway with two entrances and common bathrooms
    Three larger suites each include their own individual bathrooms
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    Purpose-Built Senior Care Campus
    Purpose-Built Senior Care Campus

    842 W Warwick Drive, Alma, MI 48801

    $4,950,000
    34,539 sqft 6.19 AC lot

    Move-in-ready senior housing and care facility with private suites, dedicated support areas, and life-safety systems.

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    Medical Office Building For Sale
    Medical Office Building For Sale

    245 E Warwick Dr, Alma, MI 48801

    $629,000
    7,100 sqft

    Well-maintained medical office building in a strong medical corridor.

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    Retail Storefront with Drive-Thru
    Retail Storefront with Drive-Thru

    316 W Superior Street, Alma, MI 48801

    $225,000
    2,358 sqft 0.21 AC lot

    Brick retail storefront with drive-thru window, front entry/pickup area, private office, and open production space.

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    American Foursquare Bed & Breakfast Home
    American Foursquare Bed & Breakfast Home

    623 N State Street, Alma, MI 48801

    $435,000
    4,766 sqft 0.88 AC lot

    Updated American Foursquare home with deck, walkout basement, and carriage house suited for a potential B&B.

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    Industrial Building with Loading Dock
    Industrial Building with Loading Dock

    700 W End Street, Alma, MI 48801

    $125,000
    26,210 sqft 6.00 AC lot

    Formerly used for manufacturing and inside storage, the property offers dock access and overhead doors on versatile land.

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    State Street Plaza Investment Opportunity
    State Street Plaza Investment Opportunity

    217 N State, Alma, MI 48801

    $195,000
    13,000 sqft 0.36 AC lot

    Downtown Alma commercial building with tenants and vacant suites.

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    Turn-Key Bar and Restaurant
    Turn-Key Bar and Restaurant

    308 N State Street, Alma, MI 48801

    $200,000
    1,220 sqft 0.09 AC lot

    Fully equipped bar, updated seating, and entertainment space with street and rear parking for owner-operator continuity.

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    Retail Building with Drive-Through
    Retail Building with Drive-Through

    1420 Wright Avenue, Alma, MI 48801

    $2,600,000
    14,820 sqft 1.89 AC lot

    Single-story retail building with drive-through, ADA features, fire suppression, and roll-up receiving doors.

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    Medical Office Building with Four Suites
    Medical Office Building with Four Suites

    E 245 E Warwick Drive Unit SourceFi, Alma, MI 48801

    $629,000
    7,100 sqft

    Well-maintained medical office building with four suites, each with dedicated heating and air.

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    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    323 W Superior Street, Alma, MI 48801

    $750,000
    1.30 AC lot

    Corner parcel offered for commercial development, with City of Alma approval required for future business plans.

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    Retail Plaza with Multiple Units
    Retail Plaza with Multiple Units

    7342 N Alger Road, Alma, MI 48801

    $2,100,000
    15,480 sqft 1.90 AC lot

    Multi-unit retail plaza with 11 units and 15,480 square feet positioned directly in front of Meijer.

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    Freestanding Quick-Service Restaurant
    Freestanding Quick-Service Restaurant

    1490 Wright Ave, Alma, MI 48801

    $780,771
    3,043 sqft 0.73 AC lot

    Freestanding KFC secured by a long-term 20-year NNN lease with tenant responsibility for taxes, insurance, and maintenance.

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    Downtown Flex and Office Building
    Downtown Flex and Office Building

    414 N State, Alma, MI 48801

    $99,900
    3,458 sqft 0.22 AC lot

    Commercial building offers higher ceilings, offices, and larger work/storage areas with front and side entrances.

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    Retail Property with Separate Building
    Retail Property with Separate Building

    2324 W Monroe Road, Alma, MI 48801

    $475,000
    8,665 sqft 2.13 AC lot

    Two-building retail site on the M-46 corridor with substantial indoor space for flexible tenanting.

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    Dry Cleaning Storefront with Drive-Thru
    Dry Cleaning Storefront with Drive-Thru

    W 316 W Superior Street Unit SourceFi, Alma, MI 48801

    $225,000
    2,358 sqft

    Brick storefront offers front pick-up area, private office, open production area, and parking both in front and behind.

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    Mixed-Use Income Property with Barn
    Mixed-Use Income Property with Barn

    5705 N State Road, Alma, MI 48801

    $375,000
    2,579 sqft 3.45 AC lot

    Mixed-use building includes four fully rented apartment units, commercial storefront and office space, and 2011-built barn improvements.

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    Purpose-Built Healthcare Facility Campus
    Purpose-Built Healthcare Facility Campus

    842 W Warwick Drive, Alma, MI 48801

    Contact for pricing
    34,539 sqft 6.19 AC lot

    Move-in-ready healthcare campus with private suites, on-site parking, and institutional life-safety systems for care-focused operators.

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    Retail-Back Shop Building
    Retail-Back Shop Building

    311 Prospect Street, Alma, MI 48801

    $110,000
    6,951 sqft 0.31 AC lot

    Nearly 7,000-square-foot storefront building with a rear shop area and a large back door for convenient loading.

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    Commercial Land in Downtown Alma
    Commercial Land in Downtown Alma

    323 W Superior St, Alma, MI 48801

    $750,000
    1.30 AC lot

    1.3 acres of commercial land near Alma College.

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    Mixed-Use Property with Storefront
    Mixed-Use Property with Storefront

    5705 N State Road, Alma, MI 48801

    $375,000
    23,443 sqft 3.45 AC lot

    3.45-acre mixed-use property with four rented apartment units, a storefront commercial space, and multiple outbuildings.

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    Mixed-Use Property with Income Potential
    Mixed-Use Property with Income Potential

    Alma, MI 48801

    $375,000
    3.45 AC lot

    3.45-acre property with residential and commercial rental income.

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    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

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    Alma, MI Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Alma, MI, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 375,126 square feet of properties for sale, with an estimated market value of $32,908,371.

    Sale prices for business properties in Alma, MI start at $49,900, averaging $997,223, and reaching up to $4,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    High-Yield Neighborhoods for Investment

    Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48801 $996.2K

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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