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Retail Space with Separate Building
For Sale
Under Contract
$475,000

2324 W Monroe Road, Alma, MI 48801

Commercial, Alma, MI

Property Size8,665 SF
Lot Size2.13 Acres
Price / SF$54.82
Days on Market720

Property Features for 2324 W Monroe Road

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot
Exterior features Steel
Lot features Freestanding
Directions E. on M-46 from N. Alger.
Subdivision Gratiot
Standard status Active Under Contract
Size 8,665 SF
Lot size 2.13 Acres

Taxes and HOA fees

Tax Description M OF LC L 585 P 1475 A PARCEL 500 FT N & S BY 185.7 FT E & W SW COR OF E 1/2 OF SE 1/4, SEC 22-12-3. 2.13 A. PINE RIVER TOWNSHIP, GRATIOT COUNTY
Legal Description M OF LC L 585 P 1475 A PARCEL 500 FT N & S BY 185.7 FT E & W SW COR OF E 1/2 OF SE 1/4, SEC 22-12-3. 2.13 A. PINE RIVER TOWNSHIP, GRATIOT COUNTY

Building Details

Building materials Frame
Roof type Metal
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6501436188
Added: Oct 16, 2024 Changed: Sep 3 Last Checked: Oct 5 at 11:06PM
MLS# 1928259

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 retail property comprises 8,665 square feet across a primary retail building and a detached secondary structure. The main building offers over 5,000 square feet of retail area, while the additional building contributes over 3,300 square feet of indoor space for storage, operations, or other business needs. The improvements feature steel exterior elements, frame construction, and a metal roof, with a parking lot serving the property.

Set on 2.13 acres at 2324 W Monroe Road in Alma, Michigan, the property is positioned along the M-46 corridor. Its configuration provides separate indoor areas within one commercial offering and supports retail-oriented occupancy with additional building capacity.

Key Highlights

  • 8,665 square feet of total property size
  • Primary building includes over 5,000 square feet of retail space
  • Separate building provides over 3,300 square feet of indoor space

Property Analytics

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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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property on the M-46 corridor includes a separate building for additional indoor space.
Where is this retail space located?
The property is located at 2324 W Monroe Road 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: 8,665 square feet of total property size; Primary building includes over 5,000 square feet of retail space; Separate building provides over 3,300 square feet of indoor space
More about this property
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