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311 Woodworth Ave 27,714 SF Office Building Alma, MI 48801 $595,000 ($21.47/SF)
INVESTMENT HIGHLIGHTS
- Multi Level
- Vault
- Elevator
EXECUTIVE SUMMARY
This is the perfect investment for offices, retailers, and other innovative ideas! This beautifully structured building located in downtown Alma is ready for development. With almost 28,000 sq ft, a vault, elevator, and (2) parking lots the possibilities are endless. The main level features huge windows, brick interior, separated offices, teller space, and 10' and 15' ceilings. Create a loft or offices upstairs with access by stairs or an elevator. Building was formerly used as a bank and includes (2) parcels. Investment Highlights: located downtown, near Alma College, and Starbucks. Nearby Major Retailers: WalMart, Meijer, Tractor Supply Company, Ollies
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
27,714 SF
Building Class
B
Year Built
1975
Price
$595,000
Price Per SF
$21.47
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
13,857 SF
Building FAR
0.69
Lot Size
0.92 AC
Zoning
B-1 Central Business Dist - Commercial Zoned District
Parking
46 Spaces (1.66 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Basement
- Central Heating
- High Ceilings
- Partitioned Offices
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Finance and Insurance
- -
- -
- -
Based in Grand Rapids, Michigan, Mercantile Bank Corporation is the bank holding company for Mercantile Bank. Mercantile provides banking services to businesses, individuals and governmental units, and differentiates itself on the basis of service quality and the expertise of its banking staff. Mercantile has assets of approximately $4.9 billion and operates 46 banking offices. Mercantile Bank Corporation's common stock is listed on the NASDAQ Global Select Market under the symbol “MBWM.”
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Finance and Insurance | - | - | - |
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $208,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$208,700
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Presented by
The Real Estate Company
311 Woodworth Ave
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