101 W Superior Street
Alma MI 48801
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This 20,452 square foot building has store fronts on Superior Street and N. State Steet and is located smack dab in the middle of downtown Alma and only about 4 blocks from Alma College! There are currently 10 tenants with leases between the ground level and the second floor and maybe the best part isthere is room for more tenants. But that is not all, there is unfinished space on the second floor, accessible by elevator or two separate stairways, that could be developed into residential units, providing for even more potential income. Currently, the State of Michigan is offering grant money for the completion of such residential projects. There is ample parking on the street and several City of Alma parking lots in the immediate area. Listing brokerage has the financial records, and you won’t be disappointed. The monthly income is impressive, and the potential is enormous!
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