7900 Alger RdAlma, MI 48801

For Sale
$2,100,000

Prime location, high visibility, development potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 8.86-acre mixed-use property sits at the highly visible southeast corner of US-127 and M-46 in Alma, Michigan, boasting one of the highest daily traffic counts in Mid-Michigan (approximately 21,000 vehicles). Its strategic location ensures maximum exposure and accessibility, making it ideal for a variety of commercial ventures, including a motel and restaurant, with space for one or two additional businesses. The property's commercial zoning allows for diverse development opportunities. Significant financial incentives are available to the buyer, including eligibility for approximately $475,000 in Brownfield Redevelopment Tax Increment Financing (TIF) reimbursement for eligible expenses. Furthermore, Pine River Township has granted a 10-year freeze on local property taxes under the Commercial Rehabilitation Act, providing substantial long-term cost savings. The site benefits from readily available infrastructure, including municipal sewer, natural gas, and three-phase electric service. Municipal water and multiple high-speed internet providers are also accessible, ensuring seamless connectivity for any business operating on the property. This is a rare opportunity to acquire a prime commercial parcel with significant development potential and substantial financial advantages. The property's high visibility from the US-127 expressway ensures excellent signage opportunities.

Property Details for 7900 Alger Rd

Property type
Mixed-use properties, Other mixed-use properties
Year Built
2023
Lot Size (sq. ft)
348,480 SF

Location Insight

City
Alma
County
Gratiot
State
Michigan
Latitude
43.40734
Longitude
-84.66485
7900 Alger Rd, Alma, Michigan

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7900 Alger Rd
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