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    Alma, MI
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    Alma, MI Bed & Breakfasts for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    American Foursquare Bed & Breakfast Home
    Updated: Nov 23, 2025
    American Foursquare Bed & Breakfast Home

    623 N State Street, Alma, MI 48801

    $435,000
    4,766 sqft · 0.88 AC lot
    Over 6,000 sq ft American Foursquare‑style home built in 1910 with wood siding and forced‑air heating.
    Updates include a new roof, updated HVAC with central heating/air plus mini‑splits, and updated painting.
    New windows and skylights added to the large attic bonus area.
    Expanded concrete parking and a large 2nd‑story back deck with added concrete underneath.
    Walkout basement with potential to finish, plus a carriage house with a 2‑car garage and unfinished loft.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Historic Brick Inn and Event Venue
    Historic Brick Inn and Event Venue

    675 10th Street, Plainwell, MI 49080

    $350,000
    5,000 sqft · 5.11 AC lot

    Historic brick property with multiple fireplaces, updated roof, repaired chimneys, and resurfaced driveway and parking for event-ready use.

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    Historic Mixed-Use Building
    Historic Mixed-Use Building

    505 Wildwood Avenue, Jackson, MI 49201

    $550,000
    6,357 sqft · 0.30 AC lot

    Four-level historic property with preserved original details, updated systems, and flexible zoning for multiple income and business uses.

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    Historic Downtown Mixed-Use Building
    Historic Downtown Mixed-Use Building

    505 WILDWOOD AVE, Jackson, MI 49201

    $550,000
    6,357 sqft

    Multi-level historic building with updated systems and preserved character, suited for office, retail, or hospitality concepts.

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    Historic Brick Inn Estate
    Historic Brick Inn Estate

    675 10th Street, Plainwell, MI 49080

    $350,000
    5,000 sqft

    A historic brick estate with multiple fireplaces, updated roofing, and resurfaced driveway and parking for hospitality or private use.

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    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
    Union Pier Land Opportunity

    16351 Red Arrow Highway, Union Pier, MI 49129

    $630,000
    148,104 sqft

    3.40 acres near beach, close to downtown and beaches.

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    Waterfront Land on Spread Eagle
    Waterfront Land on Spread Eagle

    4829 Carpenter Road, Florence, WI 54121

    $900,000
    1.93 AC lot

    Rare waterfront land with cabins on Spread Eagle's Chain.

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    Waterfront Residential Lot
    Waterfront Residential Lot

    W5656 Sunshine Court lot: 19, New Lisbon, WI 53950

    $135,000
    0.62 AC lot

    Build on a residential waterfront lot on a private, man-made lake with water views in New Lisbon, WI.

    View details
    Multi-Family Development Land
    Multi-Family Development Land

    1301 W Tapp Road, Bloomington, IN 47403

    $264,000
    0.76 AC lot

    Multi-family zoned parcel with quick I-69 access and potential townhouse or other mixed-use residential concepts.

    View details

    Alma, MI Bed & Breakfasts Market Trends and Statistics

    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

    Commercial property segments ranked by active listings on the market

    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 Investment

    Identify Alma submarkets with the highest inventory density on the market and evaluate the average 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%

    Listings Trend

    New vs delisted commercial listings in Gratiot County

    New Delisted

    Total CRE Inventory on Market (SF)

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