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Flex Building with Shop Area
For Sale
$110,000
Pending

311 Prospect Street, Alma, MI 48801

Commercial, Alma, MI

Property Size7,000 SF
Lot Size0.31 Acres
Days on Market207

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: Sep 3 Last Checked: Sep 27 at 3:06PM
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 6951-square-foot flex building at 311 Prospect Street in Alma features a front retail area and a rear section configured for shop or storage use. The back portion has higher ceilings and a large rear door that accommodates forklift access, creating a practical connection between indoor work space and loading activity. Block and steel construction and a membrane roof are among the property’s existing improvements.

Parking is available at the rear from the alley, with additional common street parking in front. Set on 0.31 acres, the building offers a combination of customer-facing area, work space, storage capacity, and service access within one commercial property.

Key Highlights

  • 6951 square feet on 0.31 acres
  • Front retail area paired with a higher‑ceiling rear shop or storage section
  • Large rear door supports forklift access

Property Analytics

Current Use

Flex space

Lease Details

1
Drive-in doors
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

502
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-part layout combines customer-facing space with a higher-ceiling rear work area and accessible loading.
Where is this flex 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: 6951 square feet on 0.31 acres; Front retail area paired with a higher‑ceiling rear shop or storage section; Large rear door supports forklift access
More about this property
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