1341 Wright AveAlma, MI 48801

For Sale
$1,550,000

Prime 11,440 SF Pharmacy/Drug Store

Overview

Added:
Dec 11, 2024
Days on market:
94
This fee-simple retail property, a former Rite Aid, offers 11,440 square feet on a 1.2-acre lot in Alma, Michigan. Located at the high-traffic intersection of Wright Avenue (Bus. 127) and Warwick Drive, this property enjoys a prominent "Main & Main" location. Its proximity to the University of Michigan Medical Center campus, Walmart, Meijer, and other major retailers ensures high visibility and accessibility. Built in 1998, the building features multiple ingress/egress points, offering convenient access for customers and employees. The property's strategic location within Alma (population 9,364), Gratiot County (population 41,100), and near Alma College (1,250 students) provides a strong foundation for a variety of retail uses. The asking price is $1,550,000, translating to $135 per square foot. The property's 2022 average daily traffic count on Bus. 127 is 14,531. This presents a unique opportunity for owner-users or investors seeking a well-positioned retail space in a thriving community. The parcel number is 29-51-332-253-20. The net rentable square footage is 11,440.

Highlights

  • High-visibility location at the intersection of Bus. 127 (Wright Ave.) and Warwick Drive in Alma, MI.
  • One block from University of Michigan Medical Center campus.
  • Former Rite Aid with multiple points of ingress/egress, across from a former Walgreens location.
  • High traffic count: Bus. 127 ADTC (2022) - 14,531 vehicles.
  • Excellent retail synergy; near Walmart, Meijer, Family Farm & Home, Tractor Supply, and Ace Hardware.
  • 11,440 SF building on a 1.23-acre lot, constructed in 1998.

Property Details for 1341 Wright Ave

Property type
Other retail properties, Individual retail properties
Square Feet
11,440 SF
Year Built
1998
Lot Size (sq. ft)
52,272 SF

Location Insight

City
Alma
County
Gratiot
State
Michigan
Latitude
43.3910926
Longitude
-84.6674063
1341 Wright Ave, Alma, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1341 Wright Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message