A rare opportunity to acquire a purpose-built healthcare facility in the heart of Mid Michigan. Formerly operated as the Warwick Living Center, this exceptionally maintained 34,500-square-foot campus sits on 6.19 acres and offers outstanding potential for skilled nursing, assisted living, memory care, behavioral health, rehabilitation services, or adaptive reuse. Constructed in 2008, the facility was thoughtfully designed to provide both resident comfort and operational efficiency. The building features 45 private resident suites, each with its own en-suite bathroom, organized across three distinct residential wings. Each wing includes dedicated nursing stations, kitchens, and support areas, creating an efficient layout for healthcare operations. Residents and guests benefit from spacious common areas, beautifully designed courtyards, and inviting gathering spaces that promote community and wellness. The campus also features abundant on-site parking and ample room for future expansion. Built with institutional-grade infrastructure, the property includes a whole-building emergency backup generator and comprehensive fire suppression system, providing critical life-safety features for healthcare and residential uses. A dedicated commercial kitchen area remains in place, allowing future operators to install equipment tailored to their needs. Strategically located in Alma, Michigan, and zoned commercial, this move-in-ready facility presents an exceptional opportunity for healthcare providers, investors, and developers seeking a high-quality institutional asset in excellent condition.
Located on 6 acres this 26,000 sq. ft. building still has some life left. With work this property could have many uses still to give. Property sits along the railroad tracks at the end on West End in the heart of Alma. 6 acres of land offers versatility of future uses, it also runs alongside the Fred Meijer Heartland Trail as well. The building has a history of manufacturing but has recently been used as inside storage. Complete with a loading dock, several overhead doors, there is potential to build out as interior storage, or another building venture. The roof is in need of replacement. Look past what is, and see what could be........
A great new investment opportunity awaits with State Street Plaza located in downtown Alma. This over 13,000 sq. ft. building has 2 current tenants with the Gym occupying a 6,500 suite, MSU Extension occupying almost 3,000 sq. ft. suite, leaving a vacant nearly 2,000 sq. ft. suite and two smaller office suites. Building is set up with a common hallway with two entrances and common bathrooms. The 3 larger suites all have their own bathrooms individually as well. Property has been split off from a larger parcel with the city maintaining the parking lot as a city lot. Building has good curb appeal next to the� Post Office and just off the quant downtown area.
Class "A" Office Building in downtown Alma with large parking lot. Elevator, Fire suppression and many extras.
Well-maintained medical office building totaling approximately 7,100 square feet, ideally configured for owner-users or investors. The building is divided into four individual suites, each approximately 1,700 square feet. Two suites have been opened to one another with the dividing wall removed, offering a larger contiguous space if desired, while still maintaining flexibility for future reconfiguration. Each suite features its own dedicated heating and air conditioning, allowing for independent climate control and efficient operations for multiple tenants. A pharmacy tenant currently occupies one suite, providing stable income and on-site synergy for medical or healthcare users. Conveniently located near other medical offices, this property is well-suited for medical, dental, therapy, or professional office use. Ample parking and a functional layout make this a great investment opportunity in a strong medical corridor. ALL DATA IS APPROX , BATVAI
Now is your chance at the iconic Alma City Cleaners. The Alma City Cleaner's has been the local dry cleaner for over 60 years to the area. Located in Downtown Alma on Superior (BUS US127) there is high visibility with large traffic counts. The brick exterior building is in excellent condition with several updates over the years including parking lot, roof and windows. Plenty of parking available both in front and behind the building along with a drive thru window that make convivence for many. The interior is clean an bright set up with a front entry/pick up area, a private office and the open production area. Business has long established relationships with clients and some opportunities are there to grow. Everything you need to maintain and run a dry cleaning business is there, become your own boss and run a staple in the community for many years to come. Opportunities� like this only come up so often, don't allow yourself NOT to be part of Alma's history moving forward.
Business Opportunities!1. Bed & Breakfast allowed under the ordinance as a special use with approval, not currently approved. 2. Multi-Units not allowed, but there is a process of conditional rezoning for approval.Large Victorian home in Alma featuring many modern updates and awaiting your finishing touches to make it truly your own! Just a couple of blocks from downtown Alma and with over 6000 total square footage, some of the updates include: New roof, updated HVAC with central heating/air including mini-splits, updated painting, expanded concrete parking, large 2nd story back deck with added concrete underneath, added some new windows-including new skylights added to the large attic space bonus area. Included in the total sq. ft., is a walkout basement with potential to finish and also a carriage house 2 car garage with an unfinished loft. The home back yard leads directly to Wright Park.
Large commercial building available for lease in the heart of downtown Alma.� This building features office spaces and two baths, as well as warehouse space with 12 foot ceilings.� Possible uses for the building are endless!
Own a true community staple in the heart of Alma! The Pine Knot Bar has been a beloved local gathering spot for decades, known for its welcoming atmosphere, loyal customer base, and deep roots in the community. This turn-key operation includes a fully equipped bar, updated seating area, and entertainment space-all ready for a smooth transition to the next owner. Located in the perfect location with street and rear parking, this property offers excellent exposure and accessibility. The business is well-established and presents a unique opportunity for an owner/operator or investor to continue the tradition or bring fresh energy and ideas to a local favorite. Don't miss this rare chance to own a piece of Alma's history and shape its future-The Pine Knot Bar is ready for what's next.
Bring Your Business Here! 1.3 acres of commercial land in downtown Alma, across the road from Alma College. This property sits on a corner within walking distance to restaurants, coffee shops and shopping. All future business plans must be approved by City of Alma.
Opportunity awaits in Downtown Alma. Located right in the heart of downtown is this Commercial building. Approximately 3500 sq. ft. of space with higher ceilings. The property has a current layout of several offices along with larger work/storage areas. Was previously used as a printing shop. Entrances on the front and side of the building give multiple potential uses. The front has a nice grass area with a sidewalk leading up to the front entrance and, nice curb appeal. Parking is street and the municipal lot adjacent to the property. The property doesn't include the back portion of the building as it is a separate parcel with a shared wall.
Discover this expansive commercial property featuring over 5,000 square feet of prime retail space, perfectly situated on the bustling M-46 corridor. With excellent visibility and high traffic, this location offers unbeatable potential for business growth. Whether you're looking to house multiple retail tenants or establish a flagship retail business, this versatile property is designed to meet your needs. A standout feature of this offering is the additional separate building that gives you over 3,300 square feet of indoor space. This provides even more flexibility for storage, operation, or expansion. Ideal for a variety of retail ventures, this property offers endless possibilities in a vibrant and accessible location. Don't miss the chance to secure a versatile, high-visibility commercial space that can accommodate almost any retail concept.
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!
Turnkey Investment Opportunity: Fully Leased 8-Unit Apartment Building in Prime Location. Discover this exceptional investment opportunity with a fully remodeled 8-unit apartment building, generating over $67,000 in annual revenue. Consisting of six spacious 2-bedroom units and two cozy 1-bedroom units, this property has consistently performed since its complete remodel in 2015. With modern finishes, updated systems, and thoughtful design throughout, it's no wonder the building has never experienced a vacancy since reopening. Situated in a desirable, well-connected location, the property enjoys a steady stream of rental demand and boasts a waiting list of eager tenants. Each unit features updated kitchens, bathrooms, and living spaces designed for comfortable, low-maintenance living. Tenants also appreciate the convenience of off-street parking, on-site laundry, and close proximity to local amenities, schools, and shopping centers. This fully leased property offers hassle-free ownership with a proven track record of reliable income and tenant satisfaction. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare chance to acquire a stable, income-generating asset with excellent cash flow potential. Don�t miss out on this turnkey investment in a thriving rental market.
Seize this exceptional opportunity to establish your business in a versatile commercial property, previously home to a national chain drug store. This expansive almost 15,000 square foot building offers a blank slate for your vision, featuring a prime location on one of the busiest corners in Gratiot County. Key Features: -Established current lease: This property currently has a transferrable NNN lease for the remaining 8 years of a 25 year term, ending in 2032. - Drive-Through Pharmacy: Equipped with a convenient drive-through area, perfect for medical, retail, or service-oriented businesses. - Fire Suppression System: Fully installed fire suppression system ensures safety and compliance with local regulations. - ADA Compliant: The property includes ADA compliant bathrooms, doors, and main level entrances, ensuring accessibility for all customers. - Receiving Area: Roll-up outside doors provide easy access for receiving deliveries, enhancing operational efficiency. - Security System: the property is protected by a Bosch Commercial alarm/burglary protection system. Location Highlights: - Central Location: Ideally situated in the heart of Alma, this property is less than a block away from the Masonic Home and the MyMichigan Medical Center Alma Hospital, ensuring high visibility and traffic. - High Traffic Area: Positioned on one of the county�s busiest corners, your business will benefit from excellent exposure to both foot and vehicle traffic. - Proximity to Amenities: Close to various local amenities, including shopping centers, dining options, and other professional services, making it a convenient destination for your customers. Potential Uses: - Retail Store - Medical Facility - Office Space - Supermarket - Fitness Center This property�s adaptable layout and strategic location make it ideal for a wide range of commercial uses. Don�t miss out on the chance to create your perfect business space in a thriving area of Alma.
This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.
Perfect Retail Haven: 1935 Sq. Ft. in Prime Location Step into the realm of retail excellence with this superb 1,935-square-foot space, strategically positioned in a sought-after retail hotspot. This space sets the stage for your business to shine. 2 rooms with a large lobby and 2 bathrooms. Location Advantage: Nestled in the heart of a premier retail district, this space enjoys unparalleled visibility and traffic. Its strategic placement ensures that your offerings will capture the attention of a diverse and bustling clientele. This space encapsulates the essence of prime retail real estate, promising not only a strategic location but also a compact haven that reflects your brand's uniqueness. Act swiftly to make this space your retail sanctuary and embark on a journey of retail triumph. Inquire today to seize this exceptional opportunity!
Welcome to an exceptional investment opportunity ââ?¬â?? the SCA Plaza! This prime property boasts a strategic location directly in front of the bustling Meijer department store, ensuring a steady flow of foot traffic and high visibility for the 11 units within. With over 15,000 square feet of versatile space, SCA Plaza provides an ideal canvas for a range of businesses, from retail shops and eateries to service providers and offices. The well-designed layout of the plaza ensures each unit benefits from maximum exposure, contributing to the overall success of the businesses within. The convenience of being adjacent to Meijer, a renowned and established retail giant, adds unparalleled value to this property. Patrons of the department store are likely to explore the offerings in Meijer Plaza, creating a symbiotic relationship that can significantly enhance the success of businesses operating here. This is not just a property; it's a strategic investment poised for success. The Meijer Plaza offers investors the chance to tap into a vibrant and thriving commercial hub. The local community's needs are met with the plaza's diverse range of units, ensuring a steady stream of customers from various demographics.
Opportunity awaits in this historic beautiful space. Almost 3,200 square feet of lease space is available in what is known as the Opera House building. The space is currently sitting as white box and is ready for it's new tenant. The building has been gone through and modernized, but still holds the old historic charm. Lot's of light through the large windows and doors add to the curb appeal. Great traffic counts are right out front in downtown Alma and the building has over 50 college residents that live in the upper floors. Downtown Alma is a thriving business district with outdoor seating, art murals, lot's of entertainment and events, and so much more.
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.
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.
5500 sq ft of lease space available in Alma's North Town Plaza. This space was used in the past as a clothing store, Fitness center, among others. The possibilities are endless. The Plaza is located on BUS-127 and has high traffic counts. Sitting in between Giants like Meijer and Walmart to the north and the Hospital and Downtown to the south is this Iconic Town Plaza. The Plaza has several food choices, and has occupants of the Secretary of State, several restaurants, a future large Community Church, and many more retail and service-based businesses. Lease is offered as a Triple Net plus CAM.
Nearly 2,250 sq ft of lease space available in Alma's North Town Plaza. This space is currently built out with a few offices along with workshop space. Complete with an overhead door in the back leading outside. The Plaza is located on BUS-127 and has high traffic counts. Sitting in between Giants like Meijer and Walmart to the north and the Hospital and Downtown to the south is this Iconic Town Plaza. The Plaza has several food choices, and has occupants of the Secretary of State, several restaurants, a future large Community Church, and many more retail and service-based businesses. Lease is offered as a Triple Net plus CAM.
Downtown Alma Commercial Space for Lease Approximately 2,000 SF Build-to-Suit Opportunity Position your business in the heart of downtown Alma with this flexible commercial space located in Unit B on the north side of the building. Offering approximately 2,000 square feet, the space provides a practical layout, convenient access, and the opportunity for a future tenant to shape the interior around their specific business needs. This unit is accessed from Woodworth Avenue, adjacent to the city municipal parking lot, providing convenient access for customers, clients, and employees. Previously operated as a coffee shop and then a smoothie shop, the space includes existing commercial infrastructure that may benefit food, beverage, service, or specialty users. However, the space is not limited to restaurant use and can be adapted for a wide range of concepts, including retail, office, salon, professional services, studio, showroom, or other commercial uses. The interior features an open and functional floor plan with existing service areas, sinks, counters, shelving, and customer-facing areas. Ceiling heights are approximately 10 feet to the current drop ceiling, with the potential to open the space back up to the original ceiling height of approximately 14 feet, creating a more spacious and dramatic feel if desired. A major advantage of this opportunity is the landlord’s willingness to consider a build-to-suit arrangement for the right tenant. The space is being advertised at a base rental rate, and any tenant-specific improvements, upgrades, or build-out costs would be negotiated into the lease structure and base rent. Lease structure is modified gross, with the tenant responsible for their portion of utilities. This is an opportunity to secure a flexible downtown Alma space with convenient parking access, existing commercial improvements, and a landlord open to helping bring the right tenant’s vision to life.
PRICE IS FOR 1 ACRE. PART OF A LARGER PARCEL. MORE LAND AVAILABLE.
Alma is located in Michigan. Alma, Michigan has a population of 9,426. Alma is less family-centric than the surrounding county with 21.2% of the households containing married families with children. The county average for households married with children is 26.14%.
The median household income in Alma, Michigan is $39,898. The median household income for the surrounding county is $53,347 compared to the national median of $69,021. The median age of people living in Alma is 32.4 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 32.9 inches per year, with 41.6 inches of snow per year.
