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    Alma, MI Bed & Breakfasts for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    Victorian Home Near Downtown Alma
    $435,000
    4,766 SF

    Victorian Home Near Downtown Alma

    623 N State Street, Alma, MI 48801

    Large updated Victorian with potential for various business opportunities.

    • Large Victorian home with over 6000 sq ft, offering significant space and potential.
    • Updated HVAC system with central heating/air and mini‑splits for modern comfort.
    • New roof, updated painting, and expanded concrete parking enhance the property's value and appeal.
    • Large 2nd story back deck and added concrete underneath provide outdoor living space.
    • Carriage house 2‑car garage with unfinished loft offers additional storage or potential living space.
    Updated: Nov 23, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Bay City Hospitality Business
    $790,000
    9,376 SF

    Turnkey Bay City Hospitality Business

    Income-producing 18-room short-stay residence on 1.4 acres.

    302 Tuscola, Bay City, MI 48708
    View details
    Turnkey Income-Producing Hospitality Property
    $790,000
    9,376 SF

    Turnkey Income-Producing Hospitality Property

    Two-story, 9,900+ sq ft property with immediate revenue potential.

    302 Tuscola, Bay City, MI 48708
    View details
    Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI
    $660,000
    2,300 SF

    Recreational/Resort,Bed & Breakfast,Marina,Other - Grayling, MI

    Thriving canoe livery with retail, equipment, and vacation rental.

    100 State St, Grayling, MI 49738
    View details
    Carlisle Canoe Livery
    $660,000
    2,200 SF

    Carlisle Canoe Livery

    Canoe Livery in Grayling Michigan

    100 State St, Grayling, MI 49738
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Union Pier Land Opportunity
    $630,000
    148,104 SF

    Union Pier Land Opportunity

    3.40 acres near beach, close to downtown and beaches.

    16351 Red Arrow Highway, Union Pier, MI 49129
    View details
    Ellicottville Farmhouse on 130 Acres
    $2,499,999
    2,260 SF

    Ellicottville Farmhouse on 130 Acres

    7-bedroom farmhouse on 130 acres near Holiday Valley.

    6152 Sugartown Road, Ellicottville, NY 14731
    View details
    Land Near Red River Gorge
    $30,000
    1.42 Acres

    Land Near Red River Gorge

    1.42 acres near Red River Gorge, potential Air BNB.

    44 Indian Valley Retreat, Zoe, KY 41397
    View details
    23.93 Acres Near Windrock Park
    $350,000
    1,042,390 SF

    23.93 Acres Near Windrock Park

    23.93 acres zoned AG-1/Timber, near Windrock Bike Park.

    320 Frost Bottom Road, Oliver Springs, TN 37840
    View details

    Alma, MI Bed & Breakfasts Investment Opportunities Market Analysis

    Explore 1 bed & breakfasts for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 4,766 square feet of properties for sale, with an estimated market value of $435,000.

    Sale prices for inns in Alma, MI start at $435,000, averaging $435,000, and reaching up to $435,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Bed & breakfasts 1
    Motels 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +5.6%
    Median Household Income $57,449
    College Educated 19.2%

    High-Yield Neighborhoods for Strategic Investment

    Identify Alma submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    48801 $435K

    Taxes & Financing

    Tax Rate (average for all types) 4.53%
    Tax Rate vs County Average 0.57 pp above county avg
    Average Loan-to-Value 65.0%

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