Search
Retail Space with Large Lobby
For Lease
$2,419/Mo

7338 N Alger Road, Alma, MI 48801

Commercial, Alma, MI

Space Size1,935 SF
Lot Size1.90 Acres
Days on Market935

Property Features for 7338 N Alger Road

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description Commercial
Parking features Parking Lot
Exterior features Vinyl, Wood
Lot features Shopping Center
Directions N. on Alger Rd. from Superior.
Subdivision Gratiot
Standard status Active
Size 1,935 SF
Lot size 1.90 Acres

Taxes and HOA fees

Tax Description COM 971.23 FT S OF W 1/4 COR OF SEC, TH S 184.75 FT, E 461.85 FT, N 184.81 FT, W 461.85 FT TO POB, SEC 27-12-3. 1.90 A.
Legal Description COM 971.23 FT S OF W 1/4 COR OF SEC, TH S 184.75 FT, E 461.85 FT, N 184.81 FT, W 461.85 FT TO POB, SEC 27-12-3. 1.90 A.

Amenities

large lobby
2 bathrooms

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6501436188
Added: Mar 15, 2024 Changed: Sep 3 Last Checked: Oct 5 at 11:06PM
MLS# 1920255

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 1,935-square-foot retail space offers two rooms, a large lobby, and two bathrooms within a compact commercial layout. The building has frame construction with vinyl and wood exterior elements, an asphalt roof, and a dedicated parking lot.

The property occupies 1.9 acres at 7338 N Alger Road in Alma, Michigan, with a Postal Code of 48801. Its interior arrangement and on-site parking provide the core physical components for a retail occupant.

Key Highlights

  • 1,935‑square‑foot retail space
  • Two rooms plus a large lobby
  • Two bathrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Hair Salon Dental Office Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
299k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Superstores 19% Groceries 18% Shops & Services 16%
Walmart Superstores
55,743 visits/mo 0.3 miles
Meijer Groceries
53,531 visits/mo 0.2 miles
McDonald's Dining
23,307 visits/mo 0.4 miles
Family Farm & Home Home Improvements & Furnishings
17,213 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
15,583 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Alma, MI

$24.11 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,880 SF
Avg Space Size

This space is priced 38% below the average of $24.11 /SF/Yr.

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Two rooms, a spacious lobby, and two bathrooms provide a practical setting for retail operations.
Where is this retail space located?
The property is located at 7338 N Alger Road Alma, MI.
What is the lease rate?
The lease rate is $2,419/Mo.
What are key features of this property?
This property features: 1,935‑square‑foot retail space; Two rooms plus a large lobby; Two bathrooms
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again