200 Williams St, Alma, MI 48801-2000
This versatile 33,500-square-foot industrial property, situated on a 75,358.8-square-foot lot at 200 Williams Street in Alma, Michigan, presents a significant investment opportunity. Currently utilized as storage/warehouse space, this building offers substantial potential for conversion to various manufacturing, warehousing, or distribution uses. The property boasts convenient drive-in doors and a loading dock, ensuring efficient access for loading and unloading. Its strategic location within Alma's industrial park provides easy access to major transportation arteries, including US-127 and M-46, facilitating seamless north/south and east/west travel. The property's central Michigan location offers proximity to key regional hubs, with Lansing less than an hour away and Saginaw under 45 minutes. The asking price for this exceptional property is $299,000. This presents a rare chance to acquire a substantial industrial space with high conversion potential in a prime location. The property's size and features make it suitable for a variety of commercial uses, offering a strong return on investment for the right buyer. The address is 200 Williams Street, Alma, MI 48801, in Gratiot County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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