For Sale
7342 N Alger Road, Alma, MI 48801
$2,100,000
MLS # 1919562 (Northern Great Lakes REALTORS® MLS)
Built 19601.9 acres
1 / 10
Listing Description
Welcome to an exceptional investment opportunity – the SCA Plaza! This prime property boasts a strategic location directly in front of the bustling Meijer department store, ensuring a steady flow of foot traffic and high visibility for the 11 units within. With over 15,000 square feet of versatile space, SCA Plaza provides an ideal canvas for a range of businesses, from retail shops and eateries to service providers and offices. The well-designed layout of the plaza ensures each unit benefits from maximum exposure, contributing to the overall success of the businesses within. The convenience of being adjacent to Meijer, a renowned and established retail giant, adds unparalleled value to this property. Patrons of the department store are likely to explore the offerings in Meijer Plaza, creating a symbiotic relationship that can significantly enhance the success of businesses operating here. This is not just a property; it's a strategic investment poised for success. The Meijer Plaza offers investors the chance to tap into a vibrant and thriving commercial hub. The local community's needs are met with the plaza's diverse range of units, ensuring a steady stream of customers from various demographics.
Source: SparkMLS
About this home
Asking $2,100,000.
Electric service is provided by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size1.9 acres
Year Built1960
Location
CityAlma
Zip Code48801
CountyGratiot
Construction & Systems
HeatingForced Air
SewerPublic
Sale & Financing
Listed2/21/2024
Source: SparkMLS
Tax Information
Source: SparkMLS
Legal Description
COM 971.23 FT S OF W 1/4 COR OF SEC, TH S 184.75 FT, E 461.85 FT, N 184.81 FT, W 461.85 FT TO POB, SEC 27-12-3. 1.90 A.
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Bob Fall
Unknown Office
Frequently Asked Questions about 7342 N Alger Road, Alma, MI 48801
Is 7342 N Alger Road, Alma, MI 48801 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 7342 N Alger Road, Alma, MI 48801 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: Consumers Energy Company. Sewer: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the local police department or county sheriff's office.
Map
Mortgage Calculator
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Monthly payment$13,621
Principal & interest$13,621
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
Consumers Energy Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
7342 N Alger Road, Alma, MI 48801
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