State Street Plaza Investment
For Sale
$195,000
217 N State, Alma, MI 48801
Downtown Alma commercial building with tenants and vacant suites.
Property Size13,000 SF
Lot Size0.36 Acres
Price / SF$15
Days on Market149
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 Agency:
CENTURY 21 LEE-MAC REALTY
(989) 560-3069
Listed By:
Adam Vibber · License #6506049037
(989) 560-3069
Source:
Elliman
Added: Mar 26
Changed: Aug 13
Last Checked: Aug 20 at 11:34AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
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.)**
