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Retail Suite 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 Market890

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.

Building Details

Building materials Frame
Roof type Asphalt
Listing Agency: CENTURY 21 LEE-MAC REALTY
Listed By: Bob Fall · License #6506049037
Added: Mar 15, 2024 Changed: Aug 4 Last Checked: Aug 21 at 3:06AM
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 for-rent retail suite offers 1,935 square feet of interior space configured with two rooms, a large lobby, and two bathrooms. The layout is designed to support a straightforward customer-facing flow while providing dedicated restroom access for employees and visitors.

The property is located at 7338 N Alger Road in Alma, Michigan, within a retail district setting. The site covers approximately 1.9 acres, providing room for the commercial use on the parcel.

This space should be a practical fit for a tenant seeking a moderately sized retail presence with a lobby-forward layout and two restrooms. The defined rooming and restroom count can support a range of retail operations that benefit from a clear entry area and separated interior space. Interested parties can inquire for additional details on terms and availability.

Key Highlights

  • Prime retail location with high visibility and traffic.
  • 1,935 sq ft of retail space.
  • Two rooms plus a large lobby.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center HVAC Service Dental Office Electrical Service

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

Market

Lease Benchmarks for Alma, MI

$21.87 /SF/Yr
Avg Asking Price
$13–$82.8 /SF/Yr
Price Range
2,689 SF
Avg Space Size

This space is priced 31% below the average of $21.87 /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
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Frequently Asked Questions

What type of property is this?
Retail space - For rent retail suite with a large lobby, two rooms, and two bathrooms in a dedicated retail district setting.
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: Prime retail location with high visibility and traffic.; 1,935 sq ft of retail space.; Two rooms plus a large lobby.
More about this property
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