7900,7990,7996 N Alger RD Active Save Request In-Person Tour Request Virtual Tour
Alma,MI 48801
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 79080012162
Year Built 2023
Lot Size 8 Sqft
Property Description
Approximately 8.86 acres of prime commercially zoned property on the Southeast corner of Business US-127 and M-46. This property is ideal for a motel, restaurant and 1-2 other businesses. It has one of the highest daily traffic counts in the Mid-Michigan area. (approximately 21,000 cars/day) Signage can be seen from the US-127 expressway. The property is eligible for Brownfield Redevelopment TIF Reimbursement of approximately 475,000. of eligible expenses that should be transferable to the buyer. Additionally, Pine River Township approved an application by the current owner of a 10 - year freeze of local property taxes under the Commercial Rehabilitation Act. Municipal sewer, natural gas, and 3 Phase electric is on site. Municipal water and multiple providers of high-speed internet are available.
Location
State MI
County Gratiot
Area Area29021Pinerivertwp
Interior
Heating None
Cooling None
Exterior
Parking Features ParkingLot
View Y/N No
Building
Sewer PublicSewer
Water Other
New Construction No
Schools
School District Alma
Others
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard