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Listed by Bob Fall • CENTURY 21 LEE-MAC REALTY
$ 138,000
Est. payment /mo
Price Dropped by $4K
318 Woodworth Avenue Alma, MI 48801
0.32 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 1926846
Year Built 1910
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 88 x 158
Property Sub-Type Mixed Use
Property Description
Exciting Investment Opportunity in Alma, MI: 3-4 Unit Property Ready for Transformation! Located in the heart of Alma, this 3-4 unit property presents a rare investment opportunity. Completely gutted and primed for renovation, the possibilities are endless for a savvy investor or developer looking to bring this property back to life. Whether you're envisioning spacious multi-family living units or custom-designed apartments, the blank canvas allows for creative freedom. Situated just off of the business district in a quiet neighborhood, this property offers easy access to Alma College, downtown amenities, parks, and local schools, making it an ideal location for future tenants. With demand for rental units rising in Alma, this is a prime chance to design a high-demand space with modern amenities. All major demo work has been completed, allowing you to jump straight into the build phase. Potential for 3 or 4 rental units with ample off-street parking and outdoor space. Bring your vision, contractors, and design ideas to create a lucrative income-generating property in a growing community. Don't miss this blank-slate opportunity in one of Mid-Michigan's most promising rental markets!
Location
State MI
County Gratiot
Zoning Commercial
Rooms
Basement Crawl Space, Michigan Basement
Interior
Heating Forced Air, Central Air
Cooling Forced Air, Central Air
Exterior
Exterior Feature Vinyl, Aluminum, Brick
Roof Type Asphalt
Present Use None
Road Frontage Public Maintained
Building
Sewer Municipal
Water Municipal Water
Others
Tax ID 51 031 288 00
Ownership Private Owner
Acceptable Financing Conventional Mortgage, Cash, Other
Listing Terms Conventional Mortgage, Cash, Other