- 14,820
- sqft
- 2005
- year built
- Status:
- Active
- MLS #:
- 80046318
- Listed By:
- Micah Kemler - 43 NORTH REALTY
- Agent Phone:
- (989) 330-4037
- Agent Email:
- mkemler7@gmail.com
Sponsoring Broker: Shawna Alt, First Weber
Seize this exceptional opportunity to establish your business in a versatile commercial property, previously home to a national chain drug store. This expansive almost 15,000 square foot building offers a blank slate for your vision, featuring a prime location on one of the busiest corners in Gratiot County. Key Features: -Established current lease: This property currently has a transferrable NNN lease for the remaining 8 years of a 25 year term, ending in 2032. - Drive-Through Pharmacy: Equipped with a convenient drive-through area, perfect for medical, retail, or service-oriented businesses. - Fire Suppression System: Fully installed fire suppression system ensures safety and compliance with local regulations. - ADA Compliant: The property includes ADA compliant bathrooms, doors, and main level entrances, ensuring accessibility for all customers. - Receiving Area: Roll-up outside doors provide easy access for receiving deliveries, enhancing operational efficiency. - Security System: the property is protected by a Bosch Commercial alarm/burglary protection system. Location Highlights: - Central Location: Ideally situated in the heart of Alma, this property is less than a block away from the Masonic Home and the MyMichigan Medical Center Alma Hospital, ensuring high visibility and traffic. - High Traffic Area: Positioned on one of the county’s busiest corners, your business will benefit from excellent exposure to both foot and vehicle traffic. - Proximity to Amenities: Close to various local amenities, including shopping centers, dining options, and other professional services, making it a convenient destination for your customers. Potential Uses: - Retail Store - Medical Facility - Office Space - Supermarket - Fitness Center This property’s adaptable layout and strategic location make it ideal for a wide range of commercial uses. Don’t miss out on the chance to create your perfect business space in a thriving area of Alma.
Highlights
- Commercial Sale
- Built in 2005
- 1.89 Acre Lot
- 897 days on Market
-
- Year Built
- 2005
-
- Construction Materials
- Brick, Block
-
- Foundation
- Slab
-
- Parking Features
- Parking Lot
-
- Flooring
- Concrete
-
- Security Features
- Security System
-
- Cooling
- Central Air
-
- Heating
- Forced Air, Natural Gas
-
- Acres
- 1.89
-
- Lot Features
- Corner Lot
-
- Utilities
- Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
-
- Water
- Public
-
- Area
- Alma (29017)
-
- County
- Gratiot
-
- City
- Alma
-
- Neighborhood
- N/A
-
- Zip Code
- 48801
-
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Company NMLS #: 3446
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Price History
| 09/01/2024 | Price Changed | $3,300,000 |
| Source: Realcomp #79080046318 | ||
| Listed | $3,600,000 | |
| Source: Realcomp #79080046318 | ||
| 07/21/2026 | Price Changed | $2,600,000 |
| Source: Northern Great Lakes REALTORS MLS #1922746 | ||
| Listed | $3,600,000 | |
| Source: Northern Great Lakes REALTORS MLS #1922746 | ||
| 05/25/2024 | Off Market | — |
| Source: Realcomp #79080046318 | ||
| 07/21/2026 | Price Changed | $2,600,000 |
| Source: MiRealSource #80046318 | ||
| 05/23/2024 | Listed | $3,600,000 |
| Source: MiRealSource #80046318 | ||
| 05/23/2024 | Off Market | — |
| Source: Northern Great Lakes REALTORS MLS #1922746 | ||
Source: MLS Data
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Frequently Asked Questions
How do I schedule a tour of 1420 Wright Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 1420 Wright Ave.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 1420 Wright Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,600,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Alma, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 1420 Wright Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 1420 Wright Ave at around $14,098. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 1420 Wright Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Gratiot County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 1420 Wright Ave?
In most cases, yes. Whether 1420 Wright Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Alma's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 1420 Wright Ave?
We can handle that for you. Our preferred local agent specializes in commercial sales in Alma and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $2,600,000 with 14,820 sqft of space—that comes out to approximately $175 per square foot.
How long has this property been on the market?
1420 Wright Ave was listed on May 23, 2024, which means it's been on the market for 897 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2005, making it approximately 21 years old.
What is the lot size of this property?
1420 Wright Ave sits on a 1.89-acre lot, which is 82,328 square feet.
Is 1420 Wright Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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