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    Alma, MI
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    Alma, MI Retail Space for Sale

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    Cannabis Dispensary Property
    Updated: Aug 4
    Cannabis Dispensary Property

    1405 Wright Avenue, Alma, MI 48801

    $190,000
    2,400 sqft 0.63 AC lot
    Recreational cannabis license included with the real estate sale
    2,400 square feet of existing commercial space
    0.63‑acre property in Alma, Michigan
    Former pizza shop layout suitable for remodeling
    Prominent storefront with parking lot
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    Retail Property with Separate Building
    Updated: Oct 16, 2024
    Retail Property with Separate Building

    2324 W Monroe Road, Alma, MI 48801

    $475,000
    8,665 sqft 2.13 AC lot
    Over 5,000 SF of prime retail space on the M‑46 corridor
    Additional separate building with over 3,300 SF of indoor space for storage, operations, or expansion
    Metal roof
    Steel exterior with frame construction
    Parking lot on‑site
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    Retail-Back Shop Building
    Retail-Back Shop Building

    311 Prospect Street, Alma, MI 48801

    $110,000
    6,951 sqft 0.31 AC lot

    Nearly 7,000-square-foot storefront building with a rear shop area and a large back door for convenient loading.

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    Dry Cleaning Storefront with Drive-Thru
    Dry Cleaning Storefront with Drive-Thru

    W 316 W Superior Street Unit SourceFi, Alma, MI 48801

    $225,000
    2,358 sqft

    Brick storefront offers front pick-up area, private office, open production area, and parking both in front and behind.

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    Prime Retail Space on M-46
    Prime Retail Space on M-46

    Alma, MI 48801

    $475,000
    5,000 sqft 2.13 AC lot

    Versatile commercial property with high visibility and traffic.

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    Retail Space with Build-to-Suit Option
    Retail Space with Build-to-Suit Option

    127 Superior Street, Alma, MI 48801

    Contact for pricing
    2,000 sqft

    Open commercial layout includes sinks, counters, shelving, and customer-facing areas.

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    Retail Space in SCA Plaza
    Retail Space in SCA Plaza

    7328 Alger Road, Alma, MI 48801

    Contact for pricing
    2,100 sqft

    Commercial suite with on-site parking near an established retail anchor.

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    Iconic Alma City Cleaners Opportunity
    Iconic Alma City Cleaners Opportunity

    316 W Superior St, Alma, MI 48801

    $225,000

    Long-established dry cleaning business with high visibility and ample parking.

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    Retail Space with Lobby
    Retail Space with Lobby

    7338 Alger Road, Alma, MI 48801

    Contact for pricing
    1,935 sqft

    Two rooms, a spacious lobby, and two bathrooms create a practical commercial layout.

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    Retail Space in North Town Plaza
    Retail Space in North Town Plaza

    1636 Wright Avenue, Alma, MI 48801

    Contact for pricing
    5,500 sqft

    The space has previously accommodated clothing retail and a fitness center.

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    Approved Dispensary Facility For Sale
    Approved Dispensary Facility For Sale

    1405 Wright Ave, Alma, MI 48801

    Contact for pricing
    2,800 sqft

    Approved medical dispensary, soon to have recreational license.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Downtown Retail Building with Two Fronts
    Downtown Retail Building with Two Fronts

    Saint Louis, MI 48880

    $144,900
    6,400 sqft 0.16 AC lot

    Two-storefront retail building includes renovated north side updates and an unfinished, residential-zoned upper area.

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    Renovation-Ready Storefront Property
    Renovation-Ready Storefront Property

    6719 N Lumberjack Road, Riverdale, MI 48877

    $65,000
    2,641 sqft 0.13 AC lot

    Traditional roadside storefront with work, storage, and display areas requiring significant renovation.

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    Renovation-Ready Storefront Property
    Renovation-Ready Storefront Property

    6719 N Lumberjack Road, Riverdale, MI 48877

    $65,000
    0.13 AC lot

    Existing storefront space includes work areas, storage, display cases, and remaining commercial equipment.

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    Renovated Storefront Property
    Renovated Storefront Property

    131 N Mill Street, Saint Louis, MI 48880

    Contact for pricing
    1,380 sqft

    Updated finishes include exposed brick, modern storefront windows, and a private restroom.

    View details

    Alma, MI Retail Space Market Trends and Statistics

    Explore 11 retail space for sale in Alma, MI, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 39,709 square feet of properties for sale, with an estimated market value of $1,700,000.

    Sale prices for retail space in Alma, MI start at $110,000, averaging $283,333, and reaching up to $475,000 — 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

    Storefront properties 20
    Shopping centers 5
    Drug stores 4
    Grocery and convenience stores 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 $817.2K

    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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