$2,100,000

MLS 1916740
7900,7990,7996 N Alger Road Alma, MI 48801  
large image

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.
Price $2,100,000 County: Gratiot Zoning:  Office,Retail,Commercial,Restaurant/Food,Motel/Hotel
Area: Gratiot Waterfront Feet: 0 Sewer: Municipal
Lake/River:  Lot Size: See associated docs Heat: None
Township: Pine River Water: Other Acres: 8.00

 
For more information contact:
Hometowne Realty
989-775-7779

Copyright © 2024 Northern Great Lakes Realtor MLS (NGLR)
Listing provided by NGLR Association of Realtors, database last updated Sunday May 19, 2024
 
Direct Link:  https://cmiaridx.com/RETS/idx/hometowne/commercial/index.php?view=1916740