7996 N Alger Road $237,500

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    7996 N Alger Road Alma, MI 48801

    Sold Co-op Member

    $237,500

    Market Estimate
    • 2.56 Acres
    • Commercial
    • MLS# 1871386
    Favorite Share
    Views: 187

    Property Details

    GREAT LOCATION OFF THE CORNER OF M-46 AND ALGER(BUS-127), JUST OFF EASY ACCESS TO US-127 IN THE HEART OF MICHIGAN. LARGE TRAFFIC COUNTS AT THE INTERSECTION AND TRAVEL NORTH AND SOUTH ON US-127. PROPERTY HAS BEEN USED AS AN INN AND SUITES AND IS SET UP FOR 52 ROOMS OVER THE TWO STORIES. AN INDOOR POOL IS ALSO CONNECTED ON PROPERTY. THE FULL BASEMENT HOSTED A RESTAURANT IN THE PAST BUT CURRENTLY IS UN FINISHED. THE PROPERTY IS IN NEED OF REPAIR TO REOPEN AS THE EXISTING BUILDING OR TEAR DOWN AND REBUILD ON THIS PREMIER LOT IN MID-MICHIGAN, PURCHASE ALONE OR WITH OTHER NEIGHBORING PROPERTIES FOR A LARGER BUILDING SITE. SQ FEET HAS BEEN ESTIMATED AND NEEDS TO BE VERIFIED BY BUYER.

    • General Features
      • Licenses None
      • Included In Lease None
      • Business Incl No
      • Business Name WOODBRIDGE INN
      • Type of Ownership Private Owner
      • Approx Year Built 1950
      • Year Remodeled 2000
      • Type Hospitality
      • Town T 12N
      • Township Pine River
      • Present Use Other
    • Building Features
      • Extras None
      • Foundation Full
      • Heating Cooling Source Natural Gas
      • Roof Membrane, Metal
      • Heating Cooling Type Forced Air
      • Apx Total Fin SQFT 28,500
    • Property Features
      • Water Private Well
      • Vacant Land No
      • Univs Design/Barrier Free None
      • Road Easement, Public Maintained
      • Sewer Municipal
      • Parking Parking Lot
      • Exterior Features Block
      • Construction Block
      • Lot Dimensions 239 X 329 X 336 X 394
      • Location Corner Lot, Freestanding

    Neighborhood

    48801 (Alma) Demographics

    35 Median Age
    183 Population Density (per sq. mile)
    34% College Educated
    $43,400 Estimated Median Income
    3,518 Estimated Total Home Owners
    1,813 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    13,172 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $125,000 Median Sales Price
    27 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        7/14/2022 3:00:00 AM Sold Source: Multiple Listing Service New Value: $237,500
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.