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Office Building with Multiple Suites
For Sale
$195,000

217 N State, Alma, MI 48801

COMMERCIAL - Alma, MI

Property Size13,266 SF
Lot Size0.36 Acres
Price / SF$14.70
Days on Market150

Property Features for 217 N State

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Commercial
Parking features Parking Lot
Exterior features Block
Lot features Shopping Center
Directions Just South of Post Office.
Subdivision Gratiot
Standard status Active
Size 13,266 SF
Lot size 0.36 Acres

Taxes and HOA fees

Tax Description See Associated Docs for Full Legal Description.
Legal Description See Associated Docs for Full Legal Description.

Building Details

Building materials Block
Roof type Membrane
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 20 at 9:06PM
MLS# 1943180

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.

State Street Plaza is a multi-tenant office building in downtown Alma offering a common hallway plan with two entrances and common bathrooms. The property contains a 6,500 sq. ft. suite occupied by a gym and an almost 3,000 sq. ft. suite occupied by MSU Extension, with a nearly 2,000 sq. ft. suite available plus two smaller office suites. The three larger suites each have their own bathrooms.

The building was split off from a larger parcel, with the city maintaining the parking lot as a city lot. It features curb appeal next to the Post Office and sits just off the downtown area.

At approximately 13,266 sq. ft., the layout supports multiple separate suites accessed from the common corridor, providing flexibility for office and service-oriented users seeking an already divided interior.

Key Highlights

  • State Street Plaza in downtown Alma—over 13,000 sq. ft. block building with membrane roof
  • Current tenant mix: Gym occupies a 6,500 sq. ft. suite; MSU Extension occupies nearly 3,000 sq. ft.
  • Vacant nearly 2,000 sq. ft. suite plus two smaller office suites available in the building

Property Analytics

Current Use

The Gym 24/7 Fitness Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Restaurant Big Box & Wholesale Store Building Supply Law Firm Pharmacy

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

5
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with common hallway, two entrances, and available suite space.
Where is this office building 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: State Street Plaza in downtown Alma—over 13,000 sq. ft. block building with membrane roof; Current tenant mix: Gym occupies a 6,500 sq. ft. suite; MSU Extension occupies nearly 3,000 sq. ft.; Vacant nearly 2,000 sq. ft. suite plus two smaller office suites available in the building
More about this property
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