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Alma, MI Storefront Properties 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 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
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Mixed-Use Property with Storefront & Apartments
Mixed-Use Property with Storefront & Apartments

5705 N State Road, Alma, MI 48801

$375,000
23,443 sqft 3.45 AC lot

Mixed-use property with four fully rented apartments, a storefront commercial space, and on-site barn and pole building.

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

127 Superior Street, Alma, MI 48801

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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

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2,100 sqft

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

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Mixed-Use Building with Shop Space
Mixed-Use Building with Shop Space

3159 W Monroe Rd, Alma, MI 48801

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5,000 sqft

Commercial building along M-46 with a storefront and service-shop configuration for auto-related operations.

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Retail Space with Lobby
Retail Space with Lobby

7338 Alger Road, Alma, MI 48801

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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

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5,500 sqft

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

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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.

Downtown Mixed-Use Building
Downtown Mixed-Use Building

108 E Center Street, Ithaca, MI 48847

$299,900
13,632 sqft 0.38 AC lot

Brick commercial building built in 1987 with six storefront-style suites and street and municipal parking nearby.

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Downtown Retail and Office Building
Downtown Retail and Office Building

108 E Center St, Ithaca, MI 48847

$299,900
13,600 sqft

Fully occupied brick building with storefront-style suites and elevator service across multiple office, retail, and service tenants.

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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.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

Saint Louis, MI 48880

Contact for pricing

Existing plumbing and electrical support continued planning for the unfinished second-floor layout.

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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.

Build-Ready Double Commercial Lot
Build-Ready Double Commercial Lot

Saint Louis, MI 48880

$50,000
0.51 AC lot

Build-ready commercial lot with easy access and parking/outdoor flexibility, formerly associated with Tony's Restaurant.

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Alma, MI Storefront Properties Market Trends and Statistics

Explore 10 storefront properties for sale in Alma, MI, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 55,759 square feet of properties for sale, with an estimated market value of $1,490,000.

Sale prices for retail units in Alma, MI start at $190,000, averaging $298,000, 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 $308.6K

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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