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Downtown Alma Flex Space
For Sale
$99,900

414 N State, Alma, MI 48801

Commercial building with offices, work areas, elevated ceilings, and separate front and side entrances.

Property Size3,458 SF
Price / SF$28.54
Days on Market539

Property Features for 414 N State

General Information

Standard status Active
Size 3,458 SF
Property subtype Business Opportunity
Zoning Commercial

Taxes and HOA fees

Annual Taxes $4,459

Building Details

Building Size 3,458 SF
Year Built 1940
Buildings 1
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Adam Vibber · License #6506046950
Source: Carolbollo
Added: Feb 12, 2025 Changed: Aug 2 Last Checked: Aug 4 at 2:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 LEE-MAC REALTY

Investment Insights

Based on property information with market context.

This approximately 3,500-square-foot flex space in a 1940 commercial building combines multiple offices with larger work and storage areas. Higher ceilings support the building’s adaptable layout, while entrances at the front and side provide separate access points. The property was previously used as a printing shop and is being offered with the described front portion only; the rear section is a separate parcel with a shared wall.

The building is located in downtown Alma at 414 N State. A sidewalk connects the grassed frontage to the front entry, and parking is available on the street and in the adjacent municipal lot.

Key Highlights

  • Approximately 3,500 SF of commercial space
  • Multiple offices plus larger work and storage areas
  • Higher ceilings and front and side entrances

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Pharmacy Kitchen & Bath Showroom Big Box & Wholesale Store Plumbing Service (Bike/Boat/Book/etc) Store

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

241
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with offices, work areas, elevated ceilings, and separate front and side entrances.
Where is this flex space located?
The property is located at 414 N State Alma, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Approximately 3,500 SF of commercial space; Multiple offices plus larger work and storage areas; Higher ceilings and front and side entrances
More about this property
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