$600,000

7996 N Alger Road

Alma MI, 48801

Description

GREAT LOCATION OFF THE CORNER OF M-46 AND ALGER(BUS-127), JUST OFF EASY ACCESS TO US-127 IN THE HEART OF MICHIGAN. LARGE TRAFFIC COUNTS AT THE INTERSECTION AND TRAVEL NORTH AND SOUTH ON US-127. PROPERTY HAS BEEN USED AS AN INN AND SUITES AND IS SET UP FOR 52 ROOMS OVER THE TWO STORIES. AN INDOOR POOL IS ALSO CONNECTED ON PROPERTY. THE FULL BASEMENT HOSTED A RESTAURANT IN THE PAST BUT CURRENTLY IS UN FINISHED. THE PROPERTY IS IN NEED OF REPAIR TO REOPEN AS THE EXISTING BUILDING OR TEAR DOWN AND REBUILD ON THIS PREMIER LOT IN MID-MICHIGAN, PURCHASE ALONE OR WITH OTHER NEIGHBORING PROPERTIES FOR A LARGER BUILDING SITE. SQ FEET HAS BEEN ESTIMATED AND NEEDS TO BE VERIFIED BY BUYER.

Details

MLS#1871386
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1950
Days On Site66

Features

SQ Feet28,500
Story(s)1
ZoningCommercial

Market Activity 48801

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Area Information

StateMI
CountyGratiot
CityAlma
Zip Code48801
AreaGratiot
Listing VS Median (in 48801)
Price:
$600,000
low | high
Med:
$40,950
100% of Average
SqFt:
28,500
low | high
Med:
559
100% of Average
$ / SqFt:
$21
low | high
Med:
$18
65.163384064459% of Average
On Site:
66
low | high
Med:
66
100% of Average
Listing Updated: 04/04/2020
MLS Number: 1871386
Listing Provided By:
Vibber 600000  of  CENTURY 21 LEE-MAC REALTY
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Northern Great Lake Realtors® MLS.