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    Alma, MI Restaurants for Sale

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    Saint Louis, MI Ithaca, MI Sumner, MI Elwell, MI Elm Hall, MI Riverdale, MI Breckenridge, MI Shepherd, MI
    Bar with Entertainment Space
    Updated: May 20, 2025
    Bar with Entertainment Space

    308 N State Street, Alma, MI 48801

    $200,000
    1,220 sqft 0.09 AC lot
    1,220‑square‑foot bar property on a 0.09‑acre parcel
    Fully equipped bar included with the operation
    Updated seating area and entertainment space
    On‑site parking lot, plus street and rear parking
    Frame construction with block and stucco/Drivit exterior
    View details
    Freestanding Quick-Service Restaurant
    Updated: May 15
    Freestanding Quick-Service Restaurant

    1490 Wright Ave, Alma, MI 48801

    $780,771
    3,043 sqft 0.73 AC lot
    Freestanding 3,043 SF KFC on a 0.73‑acre parcel at 1490 Wright Ave in Alma, MI
    Secured by a long‑term 20‑year NNN lease with tenant responsibility for taxes, insurance, and maintenance
    Annual net operating income of $54,654
    Located within a primary retail corridor with proximity to surrounding residential neighborhoods and commercial activity
    View details
    Burger King Drive-Through Restaurant
    Burger King Drive-Through Restaurant

    1675 Wright Avenue, Alma, MI 48801

    Contact for pricing
    2,750 sqft

    Remodeled restaurant property featuring an absolute net lease and established occupancy at the site.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Retail Strip Mall with Drive-In Restaurant
    Retail Strip Mall with Drive-In Restaurant

    1030 S Mission, Mt Pleasant, MI 48858

    $1,690,000
    9,000 sqft 0.75 AC lot

    The package includes tenant-occupied retail space alongside a former drive-in restaurant with equipment included.

    View details
    Restaurant Property with Entertainment Space
    Restaurant Property with Entertainment Space

    265 W Saginaw Street, Hemlock, MI 48626

    $315,000
    3,845 sqft

    Commercial kitchen, bar, dining room, event area, and patio support restaurant and hospitality operations.

    View details
    Restaurant Condo with Patio
    Restaurant Condo with Patio

    265 W Saginaw Street, Hemlock, MI 48626

    $315,000
    3,845 sqft

    A commercial kitchen, bar, dining room, and outdoor seating support restaurant and event operations.

    View details
    Restaurant with Existing Kitchen
    Restaurant with Existing Kitchen

    1623 S Mission Street, Mt Pleasant, MI 48858

    $1,449,000
    5,773 sqft 1.01 AC lot

    Former restaurant property beside Central Michigan University with dining, storage, and food-service infrastructure in place.

    View details

    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 at Highway Corner
    Commercial Land at Highway Corner

    7900,7990,7996 N Alger Road, Alma, MI 48801

    $2,100,000
    8.00 AC lot

    Commercially zoned corner site with municipal sewer, natural gas, and on-site three-phase electric.

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    Commercial Land Parcel
    Commercial Land Parcel

    Saint Louis, MI 48880

    $50,000
    0.51 AC lot

    Vacant commercial parcel with Commercial zoning and cable availability at a St. Louis address.

    View details
    Commercial Land
    Commercial Land

    Mount Pleasant, MI 48858

    $149,900
    1.36 AC lot

    Commercially zoned land with public water service in Union Township.

    View details

    Alma, MI Restaurants Market Trends and Statistics

    Explore 3 restaurants for sale in Alma, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,013 square feet of properties for sale, with an estimated market value of $980,771.

    Sale prices for restaurant properties in Alma, MI start at $200,000, averaging $490,385, and reaching up to $780,771 — 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

    Conventional restaurants 3
    Bars & Pubs 1
    Drive through restaurants 1

    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 $490.4K

    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%

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Alma, MI

    • 48801

    Featured Alma Real Estate Agencies

    Realmo connects you with licensed Alma CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    CENTURY 21 LEE-MAC REALTY
    605 W WARWICK DRIVE Alma, MI 48801
    Phone: (989) 463-6085
    43 NORTH REALTY
    202 E Superior Street Alma, MI 48801
    Phone: (989) 463-1219
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