Turn-Key Bar and
For Sale
$200,000
308 N State Street, Alma, MI 48801
COMMERCIAL - Alma, MI
Property Size1,220 SF
Lot Size0.09 Acres
Price / SF$163.93
Days on Market458
Property Features for 308 N State Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Block, Stucco/Drivit
Lot features
Inside Lot
Directions
S. on N. State from E. Superior St. Downtown Alma.
Subdivision
Gratiot
Standard status
Active
Size
1,220 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
ORIGINAL TOWN, S 1/2 OF LOT 8, EXCEPT S 9 FT, BLOCK 22. 308 N STATE.
Legal Description
ORIGINAL TOWN, S 1/2 OF LOT 8, EXCEPT S 9 FT, BLOCK 22. 308 N STATE.
Building Details
Building materials
Frame
Roof type
Membrane
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 463-6085
Listed By:
Bob Fall · License #6506049037
(989) 737-3927
Added: May 20, 2025
Changed: Aug 4
Last Checked: Aug 20 at 11:06PM
MLS# 1934056
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 offering is a turn-key bar and restaurant operation known as the Pine Knot Bar. The space includes a fully equipped bar along with an updated seating area and an entertainment space, creating a complete setup for the next owner. Designed for day-to-day use, the property is presented as ready for transition rather than requiring immediate build-out work.
Located at 308 N State Street in Alma, Michigan, the property provides both street and rear parking to support customer access. With parking available at the front and behind the building, guests can arrive conveniently whether they park near the street or at the rear.
For an owner-operator, the configuration supports a straightforward continuation of a neighborhood gathering concept, with the bar, seating, and entertainment elements already in place. Buyers seeking a hospitality business acquisition will also appreciate that the listing is positioned as a complete operation for a smooth handoff, supported by the existing, functional interior layout and turnkey readiness.
Located at 308 N State Street in Alma, Michigan, the property provides both street and rear parking to support customer access. With parking available at the front and behind the building, guests can arrive conveniently whether they park near the street or at the rear.
For an owner-operator, the configuration supports a straightforward continuation of a neighborhood gathering concept, with the bar, seating, and entertainment elements already in place. Buyers seeking a hospitality business acquisition will also appreciate that the listing is positioned as a complete operation for a smooth handoff, supported by the existing, functional interior layout and turnkey readiness.
Key Highlights
- Exterior features include block construction and stucco/drivit finish
- Frame construction with a membrane roof
- On‑site parking lot with street and rear parking
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Home Improvements & Furnishings 20%
Dollar General
Shops & Services
7,511 visits/mo
0.3 miles
Alma True Value Hardware
Home Improvements & Furnishings
2,218 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
2,031 visits/mo
0.1 miles
Citgo
Shops & Services
1,713 visits/mo
0.3 miles
Mercantile Bank
Shops & Services
1,213 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Pizza One — 205 E Superior St, Alma, MI 48801
- Bravehearts Pub — 218 E Superior St, Alma, MI 48801
- Pizzeria & Bar — 205 E Superior St, Alma, MI 48801
- Starbucks — 328 W Superior St, Alma, MI 48801
- Pine Knot Bar — 308 N State St, Alma, MI 48801
Frequently Asked Questions
What type of property is this?
Bar & Pub - Fully equipped bar, updated seating, and entertainment space with street and rear parking for owner-operator continuity.
Where is this bar & pub located?
The property is located at 308 N State Street Alma, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Exterior features include block construction and stucco/drivit finish; Frame construction with a membrane roof; On‑site parking lot with street and rear parking
