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    Alma, MI
    Sports & Entertainment

    Alma, MI Sports & Entertainment Properties for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    Office and Gym Investment Building
    Updated: Mar 24
    Office and Gym Investment Building

    217 N State, Alma, MI 48801

    $195,000
    13,266 sqft · 0.36 AC lot
    State Street Plaza in downtown Alma—over 13,000 sq. ft. block building with membrane roof
    Current tenant mix: Gym occupies a 6,500 sq. ft. suite; MSU Extension occupies nearly 3,000 sq. ft.
    Vacant nearly 2,000 sq. ft. suite plus two smaller office suites available in the building
    Suite layout includes a common hallway with two entrances and common bathrooms
    Three larger suites each include their own individual bathrooms
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    State Street Plaza Investment Opportunity
    Updated: Mar 26
    State Street Plaza Investment Opportunity

    217 N State, Alma, MI 48801

    $195,000
    13,000 sqft · 0.36 AC lot
    Investment opportunity in downtown Alma
    Over 13,000 sq. ft. building with existing tenants
    Current tenants include a Gym (6,500 sq. ft.) and MSU Extension (almost 3,000 sq. ft.)
    Vacant nearly 2,000 sq. ft. suite and two smaller office suites available
    Common hallway with two entrances and common bathrooms, plus individual bathrooms in larger suites
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    Retail Building with Drive-Through
    Retail Building with Drive-Through

    1420 Wright Avenue, Alma, MI 48801

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

    Former drug store building with drive-through access, ADA features, and a transferable NNN lease through 2032.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    18-Hole Golf Course with Clubhouse
    18-Hole Golf Course with Clubhouse

    1508 N State Road, Ithaca, MI 48847

    $1,250,000
    3,000 sqft · 119.00 AC lot

    Established public 18-hole course with clubhouse, pro shop, and hospitality areas, plus parking and practice facilities.

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    18-Hole Golf Course with Clubhouse
    18-Hole Golf Course with Clubhouse

    1508 N State Road, Ithaca, MI 48847

    $1,250,000
    3,000 sqft

    Turnkey, public 18-hole golf destination with a clubhouse, pro shop, bar and grill area, and practice facilities.

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    Versatile Commercial Property & Roller Rink
    Versatile Commercial Property & Roller Rink

    Mount Pleasant, MI 48858

    $450,000
    18,000 sqft · 8.86 AC lot

    Expansive 18,000 SF property suitable for various commercial uses.

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    Chippewa River Golf Course Lot
    Chippewa River Golf Course Lot

    E River Rd lot: 2, Mount Pleasant, MI 48858

    $80,000
    0.68 AC lot

    Luxury home site on Chippewa River and Bucks Run Golf Course.

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    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.

    Coleman, MI Land Opportunity
    Coleman, MI Land Opportunity

    N Magruder Road, Coleman, MI 48618

    $182,500
    40.00 AC lot

    40 acres of recreational land with development potential.

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    Golf Front Lot Opportunity
    Golf Front Lot Opportunity

    9397 Sunset Drive, Stanwood, MI 49346

    Contact for pricing
    0.50 AC lot

    Cleared lot ready to build your golf front home.

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    Waterfront Building Site in Canadian Lakes
    Waterfront Building Site in Canadian Lakes

    11585 Portstewart Drive, Canadian Lakes, MI 49346

    $65,900
    0.70 AC lot

    Building site in Tullymore Resort with lake frontage and amenities.

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    Land Overlooking Tullymore Golf Course
    Land Overlooking Tullymore Golf Course

    11747 NEWCASTLE Drive, Canadian Lakes, MI 49346

    $65,900
    0.67 AC lot

    Building site with golf course view in Canadian Lakes, MI.

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    Alma, MI Sports & Entertainment Properties Market Trends and Statistics

    Explore 3 sports & entertainment properties for sale in Alma, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 41,086 square feet of properties for sale, with an estimated market value of $3,690,000.

    Sale prices for sports & entertainment properties in Alma, MI start at $195,000, averaging $1,230,000, 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

    Fitness centers & gyms 3

    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 $195K

    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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