1755 Wright Avenue

    Alma, MI 48801
    • $1,245,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 218056150
    $1,245,000
    • 0
      BEDS
    • 6.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 83,552
      SQFT
    • $15
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1980
    County:
    Area:
    Zoning: Commercial
    Lot Size Dimensions: irregular

    School Ratings & Info

    School District:

    Description

    Previously Big K-mart, this 83,552 Sq Ft of space provides excellent redevelopment opportunity! Prime retail corridor in Alma, MI with high population density. Surrounded by national retailers, this asset also has high traffic counts, aided by Alma College and Alma High School nearby. Purchase the building and lease the space for desirable NOI: a NNN lease at 75% of the asking market rent would provide over $450,000 annual NOI. Motivated seller, bring all offers. Call for more info

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-22T23:57:16.267.
    www.detroitmetrorealestate.com/homes/84843433

    1755 Wright Avenue Alma, MI 48801

    • Price: $1,245,000
    • Status: Active
    • ID#: 218056150
    0
    Beds
    0
    Baths
    0
    ½ Baths
    6.85
    Acres
    83,552
    SQFT
    $15
    $/SQFT
    1980
    Built
    Neighborhood:
    Alma
    County:
    Gratiot
    Area:
    Alma
    School District:
    Alma
    Property Description
    Previously Big K-mart, this 83,552 Sq Ft of space provides excellent redevelopment opportunity! Prime retail corridor in Alma, MI with high population density. Surrounded by national retailers, this asset also has high traffic counts, aided by Alma College and Alma High School nearby. Purchase the building and lease the space for desirable NOI: a NNN lease at 75% of the asking market rent would provide over $450,000 annual NOI. Motivated seller, bring all offers. Call for more info
    Exterior Features

    Architecture Level 1 Story Commercial Exterior Features Awning/Overhang(S)Disabled Access Construction Materials Block/Concrete/MasonrySteel/Metal Distance To Interstate 1 Foundation Details Slab Foundation Materials Poured Interstate YN Yes Lot Size Dimensions irregular Road Frontage Feet 185 Road Frontage Type Paved Waterfront YN No

    Interior Features

    Heating Cooling Space Heater Heating Fuel Natural Gas Room Count 0 Sq Ft Main 83552 Sq Ft Office 1000 Sq Ft Source Owner

    Property Features

    Business Type RetailWholesale Commercial Type Commercial Current Use Vacant- Previously K-Mart Encroachment YN No Gross Scheduled Income 0.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Corporate/RelocationShort Sale - No Percent Leased 0 Possession Immediate Postal City Alma Protection Period 3 Months Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 27535.5900 Tax Amount Winter 1642.8400 Title Corporate/Relocation Total Tax 29178.4300 Unparsed Address 1755 WRIGHT AVE Water Source Municipal Water Zone Conform YN Yes Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Tremaine Real Living Real Est and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-22T23:57:16.267.
     
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