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131 W Superior Street Alma, MI 48801
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Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,280 sqft
Price per Sqft $128
Subdivision City Of Alma
MLS Listing ID 79080001901
Sold Date 12/21/22
Year Built 2007
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Investment opportunity awaits! Built in 2007, this investment property is almost new and has great curb appeal in downtown alma. Property has several onsite parking spaces in the wrap around parking lot on this corner lot. CURRENTLY LEASED OUT WITH AN ATTRACTIVE LEASE THROUGH MAY 31st 2024. Lease also has options to renew after that time. Cap rate is around 8%.
Location
State MI
County Gratiot
Area Area29022Alma
Interior
Heating ForcedAir, NaturalGas
Cooling CentralAir
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Building
Foundation Block, BrickMortar, Slab
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Alma
School District Alma
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Special Listing Condition Standard
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