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7900,7990,7996 N Alger Road

Alma, MI 48801
  • $2,100,000
  • STATUS: Active
  • ON SITE: 250 Days
  • MLS #: 1916740
UPDATED: 64 min ago
$2,100,000
  • 0
    BEDS
  • 8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Na
Type:
Commercial
Built:
2023
County:
Area:

School Ratings & Info

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.

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The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-06-20T07:52:22.573.
www.housestraversecity.com/homes/144365864
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7900,7990,7996 N Alger Road Alma, MI 48801

  • Price: $2,100,000
  • Status: Active
  • On Site: 250 Days
  • Updated: 64 min ago
  • MLS #: 1916740
0
Beds
0
Baths
0
½ Baths
8
Acres
2023
Built
Neighborhood:
Na
County:
Gratiot
Area:
Gratiot
Property 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.
Exterior Features

Construction None Exterior Features None Foundation None Lot Dimensions See associated docs Parking Parking Lot Road Public MaintainedBlacktop Roof None

Interior Features

Heating Cooling Type None

Property Features

Business Incl No Business Name Hazel Inc Deeded Waterfront No Documents On File EasementsLegal DescriptionEnvironmental ReportSoils TestSurvey Eco Features No Energy Efficient Not Applicable Extras None Heating Cooling Source None Included In Lease None Inventory Incl No Licenses None Listing Agreement Type Exclusive Right to Sell Location Corner Lot Possession Negotiable Present Use None Real Estate Incl Yes Renewable Not Applicable Sale Or Lease For Sale Sale Rent For Sale Section Number 27 Sewer Municipal Summer Taxes 6682.86 Taxable Value 53350 Terms Commercial LoanCash Total Taxes 25624.95 Township Pine River Type Mixed Use Type Of Ownership Private Owner Univs Design Barrier Free None Vacant Land Yes Water Other Water Conservation Not Applicable Winter Taxes 18942.09 Zoning OfficeRetailCommercialRestaurant/FoodMotel/Hotel

Listing information © 2024 Northern Great Lakes REALTORS© MLS.
Listing provided courtesy of RESULTS REALTY: 989-400-4443.



The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. © 2024 Northern Great Lakes REALTORS© MLS. All rights reserved. Data last updated: 2024-06-20T07:52:22.573.
 
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