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Retail Plaza with Multiple Units
For Sale
$2,100,000

7342 N Alger Road, Alma, MI 48801

COMMERCIAL - Alma, MI

Property Size15,480 SF
Lot Size1.90 Acres
Price / SF$135.66
Days on Market911

Property Features for 7342 N Alger Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Retail, Commercial
Parking features Parking Lot
Exterior features Vinyl, Wood
Lot features Shopping Center
Directions N. on Wright Avenue from Superior.
Subdivision Gratiot
Standard status Active
Size 15,480 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: Feb 22, 2024 Changed: Aug 4 Last Checked: Aug 21 at 6:06AM
MLS# 1919562

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.

SCA Plaza is a multi-unit retail plaza offering 11 individual units totaling 15,480 square feet of commercial space. The property is described as having a well-designed layout intended to give each unit exposure within the plaza setting.

The plaza is located directly in front of the Meijer department store at 7342 N Alger Road in Alma, Michigan, and is noted as being adjacent to Meijer Plaza. According to the remarks, the positioning is meant to capture shopping traffic generated by Meijer.

This shopping center configuration is suited for a variety of tenant types as described in the listing, including retail shops, eateries, service providers, and offices.

Key Highlights

  • SCA Plaza offers 11 units with over 15,000 sq ft of versatile commercial space.
  • Property is located directly in front of a Meijer department store.
  • Vinyl and wood exterior with frame construction.

Property Analytics

Current Use

AT&T Store Mobile Phone Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
Balanced
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?
Shopping center - Multi-unit retail plaza with 11 units and 15,480 square feet positioned directly in front of Meijer.
Where is this shopping center located?
The property is located at 7342 N Alger Road Alma, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: SCA Plaza offers 11 units with over 15,000 sq ft of versatile commercial space.; Property is located directly in front of a Meijer department store.; Vinyl and wood exterior with frame construction.
More about this property
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