1341 Wright AveAlma, MI 48801

Property Details for 1341 Wright Ave

Lot size

1.23 AC

Property type

Other commercial real estate

APN

51-332-253-20

APU

5133225320

Description

This exceptional 11,440-square-foot free-standing retail building, formerly a Rite Aid, presents a unique investment opportunity in Alma, Michigan. Located at 1341 Wright Ave, at the intersection of Wright Ave. and Warwick Dr., this single-tenant property sits on a generous 1.2-acre lot (APN: 29-51-332-253-20) and is zoned B2. The building is currently vacant, offering immediate occupancy for a new tenant. Ample parking is available with 54 spaces. The property boasts a convenient location in Alma, MI, 48801, with excellent visibility and accessibility. The building does not include elevators. Property taxes are $3 per square foot. This presents a blank canvas for a variety of retail uses, benefiting from its high-traffic location and substantial square footage. The substantial lot size offers potential for future expansion or redevelopment. This is an exceptional opportunity to acquire a well-located, sizable retail property in a thriving Michigan community. The property's size and location make it ideal for a variety of retail businesses. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $3,836,513

  Hospitality

  $3,514,226

  Educational

  $2,923,794

  Medical

  $3,024,348

  Retail

  $4,548,124

Location Insight

City

Alma

County

Gratiot

State

Michigan

Latitude

43.3911

Longitude

-84.6673

CBSA code

10940

CBSA name

ALMA, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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