Medical Premises

Alma, MI Medical Office Space for Sale

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Medical Office Building For Sale
Updated: Apr 26
Medical Office Building For Sale

245 E Warwick Dr, Alma, MI 48801

$629,000
7,100 sqft
Ideally configured for owner‑users or investors with flexibility for multiple tenants.
Located near other medical offices in a strong medical corridor.
Four individual suites, two of which can be used as one larger space.
Pharmacy tenant provides stable income and on‑site synergy.
Each suite has dedicated heating and air conditioning.
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Medical Office Building with Four Suites
Updated: Jan 30
Medical Office Building with Four Suites

E 245 E Warwick Drive Unit SourceFi, Alma, MI 48801

$629,000
7,100 sqft
Approximately 7,100 SF medical office building configured as four individual suites
Each suite is approximately 1,700 SF
Two suites have been opened to each other by removing the dividing wall for a larger contiguous space
Each suite has its own dedicated heating and air conditioning for independent climate control
One suite is occupied by a pharmacy tenant
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Drug Store with Drive-Through
Drug Store with Drive-Through

1420 Wright Avenue, Alma, MI 48801

$2,600,000
15,000 sqft

Former national chain drug store with drive-through, ADA features, and an NNN lease remaining through 2032.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Tenant Executive Office Building
Multi-Tenant Executive Office Building

1205 S Mission Street, Mt Pleasant, MI 48858

$865,000
13,586 sqft 0.80 AC lot

Multi-tenant office building with 27 suites, including leased medical and professional offices and updated HVAC and lighting.

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Medical Office Building
Medical Office Building

820 N Pine River Street, Ithaca, MI 48847

$229,000
4,785 sqft 1.34 AC lot

Former doctor’s office with 20 rooms and multiple ADA-accessible bathrooms, designed with a lobby/foyer waiting area.

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Multi-Tenant Executive Office Building
Multi-Tenant Executive Office Building

1205 S Mission Street, Mt Pleasant, MI 48858

$865,000
14,000 sqft

Multi-tenant executive office building with 27 rentable suites and updated HVAC, roof, and rear parking lot lighting.

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Versatile Commercial Building in Ithaca
Versatile Commercial Building in Ithaca

820 N Pine River St, Ithaca, MI 48847

Contact for pricing
4,785 sqft

Adaptable 4,875 SF commercial space suitable for various businesses.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Building Site
Commercial Land Building Site

Fashion Square Boulevard, Saginaw, MI 48603

$120,000
2.09 AC lot

A build-ready commercial parcel with frontage along Fashion Square Blvd, near major retail and a large medical complex.

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Vacant Commercial Land
Vacant Commercial Land

3309 Beecher Road, Flint, MI 48532

$149,900
1.40 AC lot

Two adjoining commercial parcels totaling 1.4 acres, suited for office and health care development.

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Corner Commercial Land with Road Frontage
Corner Commercial Land with Road Frontage

1531 Kyle Street, Eaton Rapids, MI 48827

$84,900
1.57 AC lot

1.57-acre corner commercial lot with blacktop frontage on two roads and visibility from Main St.

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Commercial Land in Grand Blanc
Commercial Land in Grand Blanc

8000 S SAGINAW Street, Grand Blanc, MI 48439

$199,000
1.40 AC lot

Commercial land on main road, ideal for office building.

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Off-Market Properties in Alma, MI

Consider similar Off-Market properties in Alma, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

413 Warwick Dr
Medical Office Space

413 Warwick Dr, Alma, MI 48801

Value Estimation by Request
2,455 sqft 4.00 AC lot
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Alma, MI Medical Office Space Market Trends and Statistics

Explore 4 medical office space for sale in Alma, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 29,200 square feet of properties for sale, with an estimated market value of $3,858,000.

Sale prices for medical spaces in Alma, MI start at $629,000, averaging $1,286,000, and reaching up to $2,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 9
Office buildings 6
Medical Office Space 3

Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $2M

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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