308 N State Street Alma, MI ^$ 199,000

308 N State Street

^$ 199,000

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308 N State Street

Alma, MI, 48801

^$ 199,000

Studio Baths0.0 Sq 1,218

Monthly Estimate*

^$ 1,323

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Studio

Commercial Property for sale in Alma, MI

for $199,000. This 1,218 square foot building was built in 1952 on a lot size of 0.09.

Want a chance to own an iconic piece of local history? Look no further than here at the Pine Knot Bar!! Step back in time with this bar that was established back in the 1950's. Boasting over 1200 square feet of total space, this bar has an array of different drink, entertainment, and merchandising options. Pull up a stool and enjoy a draft beer or signature cocktail at the main bar, play your favorite tunes on the juke box, try your luck at pull tabs or Keno, or challenge your friends to a game of pool or darts! Outdoor seating has been allowed and makes for memorable summer evening enjoyment. Liquor license is transferrable and subject to State of Michigan approval of buyer. This is your chance to be the next owner in the long-standing legacy that will continue at this establishment.

Commercial Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 970

Style

Commercial/Industrial

Lot Size

0.09

Year Built

1952

Town/City

Alma

County/Region

Gratiot

MLS | Web ID

80014037

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 1952

Parking Parking Lot

Subdivision Original Town MI

County Gratiot

Class COM/IND/BUS OPP

Type Commercial/Industrial

Business Name Pine Knot Bar

Percent Ownership Private

Municipality Alma

Section 3

Zoning Commercial

Commercial Features ADA Accessible Bath Fixtures Security Syetem Owned

Area Alma (29017)

Primary City Alma

Directions South on State Street from Superior approximately 3/4 of the block and business is located on the east side of the street.

City Alma

Street Name State

Financial Terms Cash Commercial Loan Conventional

Legal Description ORIGINAL TOWN S 1/2 OF LOT 8 EXCEPT S 9 FT BLOCK 22. 308 N STATE

DOM 145

Postal Code 48801

Price Per Sq Ft Total 163.38

Coming Soon

Exterior

Exterior Frame

Lot Size Area 0.09

Lot Dimensions 24 x 165

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Micah Kemler

Listing Agent

43 North Realty

Broker

mkemler7@gmail.com

Affordability Calculator

$1,403

Per Month

Monthly Principal & Interest: $1,323
Monthly Property Taxes: $81
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Alma, MI

Average List Price ^$427,879

Percent of Sale Price 115%

About Alma, MI

9,004 Population

-3% Since 2002

^$35,817 Median Income

31.88 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/13/2024	$199,000		Listed Price

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308 N State Street, Alma, MI, 48801 is a Commercial Property for sale at $199,000 with 1,218 sqft and a lot size of 0.09. 308 N State Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 48801 which is in Alma, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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308 N State Street

Commercial Property for sale in Alma, MI

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