7900,7990,7996 N Alger Road Active Save Request In-Person Tour Request Virtual Tour
Alma,MI 48801
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 80012162
Year Built 2023
Annual Tax Amount $25,624
Lot Size 8.000 Acres
Acres 8.0
Lot Dimensions See associated docs
Property Description
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.
Location
State MI
County Gratiot
Area Pine River Twp (29012)
Zoning Commercial,Professional Office
Interior
Heating None
Cooling None
Exterior
Parking Features Parking Lot
Building
Water Other-See Remarks
Others
Ownership Private
Financing Cash,Commercial Loan