315 Prospect Avenue

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315 Prospect Avenue

Alma, MI 48801
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building available for purchase in Alma
  • Total building footprint spans 2,806 square feet
  • Asset provides flexible workspace for professional business operations
  • Strategically positioned within the city of Alma Michigan
  • Suitable for owner-occupants or long-term investment portfolios

What's Special

This traditional office property is available for sale, presenting a functional workspace well-suited for professional services or private business operations. Spanning 2,806 square feet, the building accommodates various administrative needs within the Alma community. Situated in central Michigan, this location benefits from its proximity to local infrastructure and regional access routes, making it a practical choice for businesses seeking a steady base of operations in a quiet suburban environment. The layout supports efficient workflows for small firms or local professional practices. Its position in Alma provides stability for investors or owner-occupants focused on regional commerce and service delivery. The property remains a viable candidate for businesses looking to establish or expand their footprint in Gratiot County, offering sufficient space for internal departments or meeting areas. Prospective buyers will find this asset capable of supporting professional office requirements in a well-connected Michigan setting.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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