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State Street Plaza Investment Opportunity

217 N State Alma, MI 48801

Claim this Listing
For Sale
$195,000

Downtown Alma commercial building with tenants and vacant suites.

Type:Commercial
Property size:
13,000 SF
Lot size:
0.36 Acres
Price / SF:
$15/SF
Added:
Mar 26, 2026
Days on Market:
109
Last Refresh:
Jul 2 at 10:43 am

Property Features for 217 N State

General Information

Standard status
Active
Size
13,000 SF
Lot size
0.36 Acres
Property subtype
Commercial

Building Details

Year Built
1960

Listing office CENTURY 21 LEE-MAC REALTY

Listing date Mar 26, 2026

Source Elliman

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.

State Street Plaza presents a new investment opportunity in downtown Alma. The building, totaling over 13,000 square feet, currently houses two tenants: a gym occupying a 6,500-square-foot suite and MSU Extension occupying a nearly 3,000-square-foot suite. There is a vacant suite of nearly 2,000 square feet, along with two smaller office suites available. The building features a common hallway with two entrances and common bathrooms. The three larger suites also have individual bathrooms. The property has been split off from a larger parcel, with the city maintaining the parking lot as a city lot. The building has good curb appeal and is located next to the Post Office, just off the downtown area.

Key Highlights

  • Investment opportunity in downtown Alma
  • Over 13,000 sq. ft. building with existing tenants
  • Current tenants include a Gym (6,500 sq. ft.) and MSU Extension (almost 3,000 sq. ft.)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Gym 24/7 Fitness Gym & Fitness Center

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Law Firm Pharmacy Dental Office Auto Parts Store Kitchen & Bath Showroom Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Downtown Alma commercial building with tenants and vacant suites.
Where is this retail space located?
The property is located at 217 N State Alma, MI.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Investment opportunity in downtown Alma; Over 13,000 sq. ft. building with existing tenants; **Current tenants include a Gym (6,500 sq. ft.) and MSU Extension (almost 3,000 sq. ft.)**
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