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    Alma, MI
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    Alma, MI Retail Space for Sale

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    Retail Storefront with Drive-Thru
    Updated: Jan 29
    Retail Storefront with Drive-Thru

    316 W Superior Street, Alma, MI 48801

    $225,000
    2,358 sqft 0.21 AC lot
    Brick, block construction building with metal roof
    Downtown Alma location on BUS US127 (Superior)
    Parking lot on site with parking in front and behind the building
    Drive‑thru window plus front entry/pick‑up area
    Updates over the years include parking lot, roof, and windows
    View details
    Retail and Shop Building
    Updated: Mar 4
    Retail and Shop Building

    311 Prospect Street, Alma, MI 48801

    $110,000
    6,951 sqft 0.31 AC lot
    Nearly 7,000 sq. ft. building formerly used as Hall's Auto Parts
    Front portion previously used as retail space; back portion includes higher ceilings and shop/storage potential
    Large back door provides easy drive‑in access, including for use with a fork lift
    Block construction with steel elements; membrane roof
    Parking includes rear parking off the alley plus common front street parking
    View details
    Retail Property with Separate Building
    Retail Property with Separate Building

    2324 W Monroe Road, Alma, MI 48801

    $475,000
    8,665 sqft 2.13 AC lot

    Two-building retail site on the M-46 corridor with substantial indoor space for flexible tenanting.

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    State Street Plaza Investment Opportunity
    State Street Plaza Investment Opportunity

    217 N State, Alma, MI 48801

    $195,000
    13,000 sqft 0.36 AC lot

    Downtown Alma commercial building with tenants and vacant suites.

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

    2324 W Monroe Road, Alma, MI 48801

    $475,000
    8,665 sqft

    Versatile commercial property with high visibility and traffic.

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    Adaptable Commercial Property in Alma
    Adaptable Commercial Property in Alma

    1420 Wright Avenue, Alma, MI 48801

    $3,300,000
    14,820 sqft 1.89 AC lot

    Versatile 14,820 sqft commercial space in a high-traffic location.

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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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    Downtown Flex Building
    Downtown Flex Building

    324 E Superior Street, Alma, MI 48801

    Contact for pricing
    3,000 sqft

    Flexible downtown building with front office windows, private offices, and updated LED lighting for multiple business uses.

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    Downtown Retail/Office Build-to-Suit
    Downtown Retail/Office Build-to-Suit

    127 E Superior Street, Alma, MI 48801

    Contact for pricing
    2,000 sqft

    Flexible downtown unit with existing commercial infrastructure and access from Woodworth Avenue near municipal parking.

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    Approved Dispensary Facility For Sale
    Approved Dispensary Facility For Sale

    1405 Wright Ave, Alma, MI 48801

    $500,000
    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 10 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Corner Retail with Attached Apartment
    Corner Retail with Attached Apartment

    70 W Howard City-Edmore, Edmore, MI 48829

    $299,900
    7,824 sqft 2.00 AC lot

    Corner commercial tract with highway frontage and a retail building connected to a two-bedroom apartment.

    View details
    Freestanding Retail Building with Parking
    Freestanding Retail Building with Parking

    1506 W High, Mt Pleasant, MI 48858

    $259,000
    6,120 sqft 0.50 AC lot

    Freestanding commercial building with paved parking on a half-acre lot in Mt. Pleasant.

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    Versatile Commercial Space, Mt. Pleasant
    Versatile Commercial Space, Mt. Pleasant

    Mt Pleasant, MI 48858

    $765,000
    4,150 sqft

    4,000+ sq ft commercial space near Soaring Eagle Casino.

    View details
    Freestanding Retail Building on M-46
    Freestanding Retail Building on M-46

    1381 E Main St, Edmore, MI 48829

    $399,000
    1.07 AC lot

    9,014 SF retail building on 1.07-acre site in Edmore.

    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.

    Prime PUD-Zoned Land Opportunity
    Prime PUD-Zoned Land Opportunity

    3229 State Road 207, Elkton, FL 32033

    $1,599,000
    900 sqft 2.07 AC lot

    2.07 acres of PUD-zoned land in a growing corridor.

    View details

    Alma, MI Retail Space Market Trends and Statistics

    Explore 10 retail space for sale in Alma, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 57,259 square feet of properties for sale, with an estimated market value of $5,280,000.

    Sale prices for retail space in Alma, MI start at $110,000, averaging $754,285, and reaching up to $3,300,000 — 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 13
    Shopping centers 5
    Drug stores 2
    Auto shops 1
    Automotive properties 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 $1.1M

    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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