Gutted Multifamily Property with Unit
For Sale
$138,000
318 Woodworth Avenue, Alma, MI 48801
Commercial, Alma, MI
Property SizeContact for details
Lot Size0.32 Acres
Days on Market762
Property Features for 318 Woodworth Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Exterior features
Vinyl, Aluminum, Brick
Directions
S. on Woodworth from Superior.
Subdivision
Gratiot
Standard status
Active
Lot size
0.32 Acres
Taxes and HOA fees
Tax Description
N 1/3 OF LOT 21 & ALL OF LOTS 22, 23, & 24, BLK 23 OT
Legal Description
N 1/3 OF LOT 21 & ALL OF LOTS 22, 23, & 24, BLK 23 OT
Building Details
Building materials
Frame
Roof type
Asphalt
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 463-6085
Listed By:
Bob Fall · License #6501436188
(989) 737-3927
Added: Sep 5, 2024
Changed: Sep 3
Last Checked: Oct 6 at 2:06AM
MLS# 1926846
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 multifamily property at 318 Woodworth Avenue is configured for redevelopment following substantial interior demolition. The existing structure is frame construction with vinyl, aluminum, and brick exterior materials, along with an asphalt roof. The property is described as suitable for creating three or four rental units, with outdoor space and off-street parking already associated with the site.
The 0.32-acre property sits just off Alma’s business district in a quiet neighborhood. Alma College, downtown amenities, parks, and local schools are identified nearby, providing a range of surrounding destinations for future occupants. Major demo work has been completed, leaving the interior ready for renovation and new unit design.
The 0.32-acre property sits just off Alma’s business district in a quiet neighborhood. Alma College, downtown amenities, parks, and local schools are identified nearby, providing a range of surrounding destinations for future occupants. Major demo work has been completed, leaving the interior ready for renovation and new unit design.
Key Highlights
- Configured for 3 or 4 rental units
- 0.32‑acre property with outdoor space
- Major demolition work completed
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Gutted multifamily asset with major demolition complete and off-street parking.
Where is this multifamily property located?
The property is located at 318 Woodworth Avenue Alma, MI.
What is the asking price?
The asking price for this property is $138,000.
What are key features of this property?
This property features: Configured for 3 or 4 rental units; 0.32‑acre property with outdoor space; Major demolition work completed
