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Retail Building with Drive-Through

1420 Wright Avenue, Alma, MI 48801

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For Sale

$3,300,000

COMMERCIAL - Alma, MI

Type:Retail

Property size:

14,820 SF

Lot size:

1.89 Acres

Price / SF:

$222/SF

HighLights

Almost 15,000 SF commercial building on a busy corner in Alma, previously a national chain drug store
Transferrable NNN lease in place with 8 years remaining of a 25‑year term, ending in 2032
Drive‑through area designed for pharmacy‑style pickup and service uses
Fully installed fire suppression system and Bosch commercial alarm/burglar protection system
ADA‑compliant bathrooms, doors, and main level entrances
Roll‑up outside receiving doors for deliveries; parking lot on site

We can help!

Contact an agent

Micah Kemler

For Sale

$3,300,000

COMMERCIAL - Alma, MI

Type:Retail

Property size:

14,820 SF

Lot size:

1.89 Acres

Price / SF:

$222/SF

Added:: May 24, 2024
Days on Market:: 774
Last Refresh:: Jul 6 at 9:06 am

Property Features for 1420 Wright Avenue

General Information

Property type: Commercial Sale
Property subtype: Retail
Parking features: Parking Lot
Exterior features: Brick, Block
Standard status: Active
Size: 14,820 SF
Lot size: 1.89 Acres

Taxes and HOA fees

Tax Description: See Lengthy Legal

Building Details

Building materials: Brick, Block, Insulated Concrete Forms
Roof type: Membrane

We can help!

Contact an agent

Micah Kemler

Listing agent Micah Kemler License #6502426111

Listing office 43 NORTH REALTY 202 E Superior Street, Alma, MI

Listing date May 24, 2024

MLS# 1922746

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Almost 15,000 SF commercial building on a busy corner in Alma, previously a national chain drug store
Transferrable NNN lease in place with 8 years remaining of a 25‑year term, ending in 2032
Drive‑through area designed for pharmacy‑style pickup and service uses
Fully installed fire suppression system and Bosch commercial alarm/burglar protection system
ADA‑compliant bathrooms, doors, and main level entrances
Roll‑up outside receiving doors for deliveries; parking lot on site

Overview

This freestanding retail building was previously occupied as a national chain drug store and provides a largely open, customizable interior on approximately 14,820 square feet. The property includes a drive-through pharmacy area, ADA-compliant bathrooms and main level entrances, and a fully installed fire suppression system. A receiving area is supported by roll-up outside doors for delivery access, and the building is protected by a Bosch commercial alarm/burglary system.

The building is located at 1420 Wright Avenue in Alma, Michigan on a busy corner in Gratiot County. It sits within walking distance of MyMichigan Medical Center Alma Hospital and the Masonic Home, supporting strong day-to-day visibility to both foot and vehicle traffic.

For buyers or operators, the site is currently under a transferable NNN lease with the remaining 8 years of a 25-year term, scheduled to end in 2032. The drive-through configuration and compliant features make the property well-suited to a range of uses, including retail, medical, office, supermarket, or fitness-oriented concepts, subject to approval of the applicable use and leasing terms.

Property Profile Location Intelligence

Current Use by Public Records

LibertyX Bitcoin ATM Atm Redbox Cinema Western Union Bank COVID-19 Drive-Thru Testing ... Pharmacy FedEx OnSite Postal Service

Suggested Use

Similar Places Nearby

Rite Aid Pharmacy — 1341 Wright Ave, Alma, MI 48801
COVID-19 Drive-Thru Testing at Walgreens — 1420 Wright Ave, Alma, MI 48801
Genoa Healthcare — 608 Wright Ave Room 106, Alma, MI 48801
Cara Waite — 1341 Wright Ave, Alma, MI 488011134
Andrew Johnson — 1420 Wright Ave, Alma, MI 488011018

Location Insight

Map
Local Demand

City: Alma
County: Gratiot
State: Michigan
Longitude: -84.665897
Latitude: 43.392059

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For sale
Drug stores
MI
Alma
48801
1420 Wright Avenue

What type of property is this?

Drug store - Former drug store building with drive-through access, ADA features, and a transferable NNN lease through 2032.

Where is this drug store located?

The property is located at 1420 Wright Avenue Alma, MI.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: Almost 15,000 SF commercial building on a busy corner in Alma, previously a national chain drug store; Transferrable NNN lease in place with 8 years remaining of a 25‑year term, ending in 2032; Drive‑through area designed for pharmacy‑style pickup and service uses

1420 Wright Avenue, Alma, MI 48801

COMMERCIAL - Alma, MI

Property Features for 1420 Wright Avenue

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Office and Gym Investment Building

Purpose-Built Senior Care Campus

Class A Office Building with Parking

Brick Retail Storefront with Drive-Thru

Remodeled 1.5-Story Duplex

American Foursquare Bed & Breakfast Home

Retail and Shop Building

Two-Story Fourplex Income Property

Turn-Key Bar and Restaurant

Top-Bottom Duplex Investment

Medical Office Building For Sale

State Street Plaza Investment Opportunity

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