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19942161
19942162

7990 N Alger Rd, Alma, MI 48801

SM
MI 6502402523
Results Realty
Listed by Results Realty
$2,100,000
625 days on market
Updated 50 days ago
Opportunity zone

7900, 7990,7996 N Alger Rd

Details
Property Type Land
Sub Type Commercial
Acreage 8.000

Land | 8 acres

Marketing 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.

Listing Contacts

SM
MI 6502402523
Results Realty
Listed by Results Realty

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Additional Information

Name
Susan Massaway
License
6502402523
Brokerage
Results Realty
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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