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Downtown Alma Commercial Building
For Sale
$99,900

414 N State, Alma, MI 48801

Commercial building in downtown Alma with multiple potential uses.

Property Size3,458 SF
Lot Size0.22 Acres
Price / SF$28.89
Days on Market542

Property Features for 414 N State

General Information

Standard status Active
Size 3,458 SF
Lot size 0.22 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $4,459

Building Details

Year Built 1940
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Source: Exitrealty
Added: Feb 13, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 LEE-MAC REALTY

Investment Insights

Based on property information with market context.

Located in downtown Alma, this commercial building offers approximately 3500 sq. ft. of space with higher ceilings. The current layout includes several offices along with larger work or storage areas. Previously used as a printing shop, the property has entrances on the front and side, providing multiple potential uses. The front of the building features a grass area with a sidewalk leading to the entrance, enhancing curb appeal. Parking is available on the street and in the municipal lot adjacent to the property. The property does not include the back portion of the building, as it is a separate parcel with a shared wall.

Key Highlights

  • Prime Downtown Alma location
  • Approximately 3500 sq. ft. of commercial space
  • High ceilings

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Pharmacy Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Under-served
Demand for This Use

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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building in downtown Alma with multiple potential uses.
Where is this flex space located?
The property is located at 414 N State Alma, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Prime Downtown Alma location; Approximately 3500 sq. ft. of commercial space; High ceilings
More about this property
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