7900,7990,7996 N Alger Road, Alma, Michigan

$2,100,000

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8.00

Acres

About 7900,7990,7996 N Alger Road

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.

Features of 7900,7990,7996 N Alger Road

MLS® # 1916740
Price $2,100,000
Bathrooms 0.00
Acres 8.00
Year Built 2023
Type Commercial
Sub-Type Mixed Use, Commercial Sale
Status Active
Association NA

Community Information

Address 7900,7990,7996 N Alger Road
Subdivision NA
City Alma
County Gratiot
State Michigan
Zip Code 48801

Amenities

Utilities WATER: Other SEWER: Municipal
Features None
Parking Parking Lot
Is Waterfront No

Interior

Heating None, None
Has Basement No
Basement None

Exterior

Exterior Features None
Lot Description See associated docs
Roof None
Construction None

Additional Information

Date Listed October 13th, 2023
Days on Market 217
Zoning Office, Retail, Commercial, Restaurant/Food, Motel/Hotel
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRESULTS REALTY

Listing Map

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