Dew Point Two Plaza | 124 E Superior St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dew Point Two Plaza 124 E Superior St
3,939 SF 100% Leased Retail Building Alma, MI 48801 £129,103 (£33/SF)
Investment Highlights
- 3 Commerial tenants all on month to month leases
- Upstairs has potential to be remodeled and made into approximately 3 apartments with proper zoning approval
- Property is in the heart of the Downtown Business District
Executive Summary
AN INVESTOR'S DREAM! Opportunities like this do not come along every day! Located in the heart of downtown Alma, three long-term tenants occupy the main floor, offering $1550.00 per month in rental income. But wait! Here's the best part...the second floor offers an additional 3000 sq ft of amazing POTENTIAL! With the necessary permits and approval, there is easily enough space to convert this blank slate into 3-4 apartments, allowing you to double, if not triple your monthly income! The possibilities are endless! Definitely not a drive by, call your Realtor today to schedule a closer look!
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,939 SF
Building Class
C
Year Built/Renovated
1910/2023
Price
£129,103
Price Per SF
£33
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Parking
3 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
PROPERTY TAXES
| Parcel Number | 51-031-261-00 | Improvements Assessment | £0 (2024) |
| Land Assessment | £0 (2024) | Total Assessment | £83,957 (2024) |
PROPERTY TAXES
Parcel Number
51-031-261-00
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£83,957 (2024)
1 of 14
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
43 NORTH REALTY
Dew Point Two Plaza | 124 E Superior St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.