$2,100,000
Active
94 Days Online
0 Beds0 Baths0 SQFT
Active

7900, 7990, 7996 N Alger Road Alma, MI 48801

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyN/A
  • Taxes$25,624
  • HOA/Condo/Coop Fees$0
  • Days on Site93 Days
  • MLS StatusActive
  • MLS ID Number1916740
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size8 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Recent Activity For 7900, 7990, 7996 N Alger Road Alma, MI 48801

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General Features

  • Building Features None
  • Parking Parking Lot
  • Sewer Public Sewer
  • Basement None
  • Acreage 8
  • Water Other
  • Property Sub Type Mixed Use
  • Foundation None
  • Zoning Office, Retail, Commercial, Restaurant/Food, Motel/Hotel

Exterior Features

  • Roof None
  • Lot Corner Lot

Community Features

  • Township Pine River
  • MLS Area Gratiot
  • Building Features None

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Monthly Payment (Est.)

$11,020
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