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Flex Space With Overhead Door
For Lease
$15 SF/Yr NNN

1588 Wright Avenue, Alma, MI 48801

Commercial, Alma, MI

Space Size2,250 SF
Days on Market1106

Property Features for 1588 Wright Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Commercial
Exterior features Block
Lot features Shopping Center
Directions In back of Secretary of State. Access through same door as Secretary of State but use hallway to go back to unit.
Subdivision Gratiot
Standard status Active
Size 2,243 SF

Taxes and HOA fees

Tax Description No legal for lease.
Legal Description No legal for lease.

Building Details

Building materials Block
Roof type Membrane
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6501436188
Added: Sep 27, 2023 Changed: Oct 2 Last Checked: Oct 6 at 1:06AM
MLS# 1916221

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.

Investment Insights

Based on property information with market context.

This 2,243-square-foot flex space is configured with several offices and workshop areas, providing a combination of administrative and work-oriented space. A rear overhead door connects directly to the outside, supporting convenient movement of equipment and materials. Block construction and a membrane roof are also noted.

The property is part of North Town Plaza on BUS-127 in Alma. The center includes food and restaurant options, retail and service businesses, and a Secretary of State office. Meijer and Walmart are located to the north, while the hospital and downtown area are to the south. Lease terms are structured as Triple Net plus CAM.

Key Highlights

  • 2,243 SF of flex space in North Town Plaza
  • Office areas combined with dedicated workshop space
  • Rear overhead door provides exterior access

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Big Box & Wholesale Store Law Firm Hair Salon

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

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

643
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and workshop areas provide a practical layout for varied commercial operations.
Where is this flex space located?
The property is located at 1588 Wright Avenue Alma, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 2,243 SF of flex space in North Town Plaza; Office areas combined with dedicated workshop space; Rear overhead door provides exterior access
More about this property
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