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Retail-Back Shop Building
For Sale
$110,000
Pending

311 Prospect Street, Alma, MI 48801

COMMERCIAL - Alma, MI

Property Size6,951 SF
Lot Size0.31 Acres
Days on Market161

Property Features for 311 Prospect Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot, Assigned
Exterior features Block
Lot features Inside Lot
Directions Superior to Prospect, South to building.
Subdivision Gratiot
Standard status Pending
Size 6,951 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Description ALL OF LOT 4 AND THE SOUTH 16.5 FT OF LOT 3, BLOCK 4, ELYTON ADDITION TO THE CITY OF ALMA ACCORDING TO THE RECORDED PLAT THEREOF
Tax Annual Amount 2909
Legal Description ALL OF LOT 4 AND THE SOUTH 16.5 FT OF LOT 3, BLOCK 4, ELYTON ADDITION TO THE CITY OF ALMA ACCORDING TO THE RECORDED PLAT THEREOF

Building Details

Building materials Block, Steel
Roof type Membrane
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Added: Mar 4 Changed: Aug 4 Last Checked: Aug 12 at 7:06AM
MLS# 1942661

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 nearly 7,000-square-foot commercial building was formerly used as Hall's Auto Parts and is arranged with a retail front and a higher-ceiling rear shop area that can also serve as storage. The property features a large back door designed to make loading and unloading easier, including for equipment such as a forklift.

Parking is available at the rear off the alley, along with common parking in front on the street. The building’s layout supports a variety of future uses, depending on how a tenant or owner plans to configure the front retail space and the back shop/storage area.

Key Highlights

  • Nearly 7,000 sq. ft. building formerly used as Hall's Auto Parts
  • Block and steel construction with membrane roof
  • Front portion used as retail space; back has higher ceilings for shop and/or storage

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

98
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 Retail in Midwest region

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

What type of property is this?
Retail space - Nearly 7,000-square-foot storefront building with a rear shop area and a large back door for convenient loading.
Where is this retail space located?
The property is located at 311 Prospect Street Alma, MI.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Nearly 7,000 sq. ft. building formerly used as Hall's Auto Parts; Block and steel construction with membrane roof; Front portion used as retail space; back has higher ceilings for shop and/or storage
More about this property
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