Office for Lease
Catylist Listing ID: 30631130
Property Subtypes: Mixed Use, Office Building
Contiguous Space: 1,050 SF
Gross Building Area: 14,741 SF
Gross Land Area: 0.32 Acres
Lease Rate: $7.54 PSF (Annual)
Base Monthly Rent: $659.75
Lease Types: Modified Gross
Ceiling: 14 ft.
In Opportunity Zone? Yes
Building Name: Liberty Professional Building
Class of Space: Class C
Last Updated: 9/23/2020

Overview / Comments

Excellent opportunity to work in the charming, walkable downtown district in Alma! The former Alma Public Building is registered on the National Register of Historic Place and includes this landmark structure and clock tower located on the main artery through Alma's downtown.

Neighboring businesses include a variety of shops, restaurants, pubs, and entertainment. Alma is also home to Alma College with an enrollment of about 1,450 undergraduate students.

Note: Showings by appointment only. Buyer or buyer agent to verify all information.

Expand All Available Space

Suite: 409 Gratiot Avenue 1,050 SF $7.54 PSF (Annual) Modified Gross
Space Available: 1,050 SF
Lease Rate: $7.54 PSF (Annual)
$659.75 (Monthly)
Lease Type: Modified Gross
Space Description: Suite of offices facing Gratiot Avenue.
Date Available: 7/14/2020
Space Type: Relet
Offices 7
Tax Expenses $0 PSF (Annual)
Operating Expenses $0 PSF (Annual)
CAM Expenses $0 PSF (Annual)
Rent Escalators Description $120 per year rent escalation
Tenant Improvements Allowance $0
Moving Allowance $0
Lease Buyout Allowance $0

Additional Details

Nearest MSA: Alma
County: Gratiot
Taxing Authority: City of Alma
Tax ID/APN: 51-344-601-00
Property Located Between: E. Superior and E. Downie
Property Visibility: Good
Highway Access: Front of building is Superior Street Business Loop 27. Near US 127 and Hwy M-46.
Airports: Capital Region International Airport
Site Description: Registered historic site along Alma's main artery Superior Street.
Area Description: Alma is a college town with a population of about 9,275. The surrounding area has many farms and small businesses.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1902
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Red brick with full block foundation
Parking Type: Surface
Parking Description: Ample public street parking as well as nearby city lots
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Internet Access: Fiber Optic
Interior Description: Interior walls can be reconfigured. Landlord is making updates to floor coverings, paint, and bathrooom.
Lot Frontage: 105.6
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: LOT:10-13 DIST:51 225 E SUPERIOR ST ORIGINAL TOWN LOTS 10,11,12, & 13 BLOCK 20.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,642 13,101 22,942
Median Age: 29.75 33.03 35.87
Households: 1,941 5,019 7,359
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