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Prime Retail Space on M-46

2324 W Monroe Rd, Alma, MI 48801

For Sale
$475,000
Pending

Versatile commercial property with high visibility and traffic.

Property Size5,000 SF
Lot Size2.13 Acres
Days on Market246

Property Features for 2324 W Monroe Rd

General Information

Standard status Pending
Size 5,000 SF
Lot size 2.13 Acres
Property subtype Commercial

Building Details

Year Built 1960
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License MI #6506046950
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 25 at 8:09AM

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

Rey
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Investment Insights

Based on property information with market context.

This commercial property offers over 5,000 square feet of retail space, situated on the M-46 corridor. The location provides visibility and high traffic, offering potential for business growth. The property is designed to house multiple retail tenants or establish a flagship retail business. An additional separate building provides over 3,300 square feet of indoor space, offering flexibility for storage, operation, or expansion. This property is suitable for a variety of retail ventures in a vibrant and accessible location.

Key Highlights

  • Over 5,000 sq ft of prime retail space on the M‑46 corridor.
  • Additional separate building with over 3,300 sq ft of indoor space.
  • Excellent visibility and high traffic location.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Fetch-A-Do Pet Grooming Service Redbird Pet Food ... (Bike/Boat/Book/etc) Store Pet supply store Department Store

Suggested Use

Top Pick Building Supply Electrical Service (Bike/Boat/Book/etc) Store Locksmith Parking Lot & Garage Catering Service

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

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
15,392 visits/mo 0.1 miles
Alma Ford Shops & Services
1,490 visits/mo 0.3 miles

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
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Market

Average Price Trend$/SF for Retail space in Gratiot County, MI

$77.28 Jul
$70.37 Aug
$72.21 Sep
$69.28 Oct

Properties on Market for Retail space in Gratiot County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Versatile commercial property with high visibility and traffic.
Where is this retail space located?
The property is located at 2324 W Monroe Rd Alma, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Over 5,000 sq ft of prime retail space on the M‑46 corridor.; Additional separate building with over 3,300 sq ft of indoor space.; Excellent visibility and high traffic location.
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