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$138,000
Est. payment /mo
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 79080050335
Year Built 1910
Lot Size 0.320 Acres
Acres 0.32
Property Description
Exciting Investment Opportunity in Alma, MI: 3-4 Unit Property Ready for Transformation! Located in the heart of Alma, this 3-4 unit property presents a rare investment opportunity. Completely gutted and primed for renovation, the possibilities are endless for a savvy investor or developer looking to bring this property back to life. Whether you're envisioning spacious multi-family living units or custom-designed apartments, the blank canvas allows for creative freedom. Situated just off of the business district in a quiet neighborhood, this property offers easy access to Alma College, downtown amenities, parks, and local schools, making it an ideal location for future tenants. With demand for rental units rising in Alma, this is a prime chance to design a high-demand space with modern amenities. All major demo work has been completed, allowing you to jump straight into the build phase. Potential for 3 or 4 rental units with ample off-street parking and outdoor space. Bring your vision, contractors, and design ideas to create a lucrative income-generating property in a growing community. Don't miss this blank-slate opportunity in one of Mid-Michigan's most promising rental markets!
Location
State MI
County Gratiot
Area Area29022Alma
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Asphalt
Building
Foundation CrawlSpace
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Alma
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Listed by Bob Fall of CENTURY 21 LEE-MAC REALTY
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