623 N State Street

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623 N State Street

Alma, MI 48801
Business Price
$435K
Asset Type
Business Only Business-for-sale
Class
Class B

Financials

Real Estate
Not included
Franchise
No

AI Property Summary

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

  • Commercial business-only opportunity for sale in Alma, Michigan.
  • Property features 4,766 square feet of functional interior space.
  • Asset is centrally located at 623 N State Street.
  • Available to the market at an asking price of $435,000.
  • Situated within a stable regional submarket in central Michigan.

What's Special

Entrepreneurs seeking an established presence in Alma, Michigan, can acquire this business opportunity currently operating out of a 4,766-square-foot facility. Located at 623 N State Street, the property occupies a central position within this growing market in the Great Lakes Bay region. Alma maintains a steady economic base supported by its local academic and industrial presence, providing a stable foundation for commercial operations. The business-only listing allows a new operator to leverage the existing infrastructure to continue or refine current service offerings within the mid-Michigan corridor. This acquisition is suitable for an owner-operator or an investment firm looking to expand their footprint in a localized, accessible market. The facility size accommodates diverse operational requirements, providing the necessary floor space for efficient workflow management. Interested parties should conduct their due diligence regarding the current business operations and potential for growth within the local economy.

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NOI
$80,000
Cap Rate
18.39%
DSCR
3.10
Strong
Cash-on-Cash
41.51%
Monthly Payment
$2,152.143
Annual Cash Flow
$54,174.288

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