About 7900,7990,7996 N Alger Road
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.
Features of 7900,7990,7996 N Alger Road
| MLS® # | 1916740 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Acres | 8.00 |
| Year Built | 2023 |
| Type | Commercial |
| Sub-Type | Mixed Use, Commercial Sale |
| Status | Active |
Community Information
| Address | 7900,7990,7996 N Alger Road |
|---|---|
| Subdivision | NA |
| City | Alma |
| County | Gratiot |
| Province | Michigan |
| Postal Code | 48801 |
Amenities
| Utilities | WATER: Other SEWER: Municipal |
|---|---|
| Features | None |
| Parking | Parking Lot |
| Is Waterfront | No |
Interior
| Heating | None |
|---|---|
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | See associated docs |
| Roof | None |
| Construction | None |
Additional Information
| Date Listed | October 13th, 2023 |
|---|---|
| Days on Market | 487 |
| Zoning | Office, Retail, Commercial, Restaurant/Food, Motel/Hotel |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RESULTS REALTY |
|---|