8
See all 8 photos
$2,100,000
Est. payment /mo
8 Acres Lot
Active
7900, 7990, 7996 N Alger Road Pine River Twp, MI 48801
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Na
MLS Listing ID 79080012162
Year Built 2023
Annual Tax Amount $25,624
Lot Size 8.000 Acres
Acres 8.0
Lot Dimensions See associated docs
Source Central Michigan Association of REALTORS®
Property Description
Approximately 8.86 acres of prime commercially zoned property on the Southeast corner of Business US-127 and M-46. This property is ideal for a motel, restaurant and 1-2 other businesses. It has one of the highest daily traffic counts in the Mid-Michigan area. (approximately 21,000 cars/day) Signage can be seen from the US-127 expressway. The property is eligible for Brownfield Redevelopment TIF Reimbursement of approximately 475,000. of eligible expenses that should be transferable to the buyer. Additionally, Pine River Township approved an application by the current owner of a 10 - year freeze of local property taxes under the Commercial Rehabilitation Act. Municipal sewer, natural gas, and 3 Phase electric is on site. Municipal water and multiple providers of high-speed internet are available.
Location
State MI
County Gratiot
Area Pine River Twp
Zoning Commercial,Office
Interior
Heating No Heat
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Other
Schools
School District Alma
Others
Tax ID 2912-027-004-00 +
Ownership Private Owned
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Unknown/Data Share Listings
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Listed by Susan Massaway of RESULTS REALTY