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

8 Acres Lot


UPDATED:

10/05/2024 10:02 AM

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


MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by RESULTS REALTY

AMY SHAW

Managing Broker | License ID: 6506046873

+1(517) 610-2896

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7900,7990,7996 N Alger Road