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    Alma, MI
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    Alma, MI Bed & Breakfasts for Sale

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    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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    Bed & Breakfast Property
    Updated: Nov 23, 2025
    Bed & Breakfast Property

    623 N State Street, Alma, MI 48801

    $435,000
    1910 American Foursquare home with over 6,000 total SF, including main living area, walkout basement, and carriage house 2‑car garage plus unfinished loft
    Modern updates include a new roof and updated HVAC with central heating/air plus mini‑splits
    Large 2nd story back deck with concrete underneath, plus expanded concrete parking
    New windows including skylights in the large attic bonus area, along with updated interior painting
    Walkout basement offers potential to finish
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Historic Live-Work Building
    Historic Live-Work Building

    505 Wildwood Avenue, Jackson, MI 49201

    $550,000
    6,357 sqft 0.30 AC lot

    Four usable levels with preserved historic details, updated systems, and 8 bedrooms across 2 full and 3 half baths.

    View details
    Bed And Breakfast With Two Homes
    Bed And Breakfast With Two Homes

    1532 34th Street, Allegan, MI 49010

    $859,000
    13.90 AC lot

    Two residences, guest-ready amenities, and extensive outdoor features create a distinctive lodging property in a country setting.

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

    505 WILDWOOD AVE, Jackson, MI 49201

    Contact for pricing
    6,357 sqft

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

    View details
    Restored Victorian Mansion Bed & Breakfast
    Restored Victorian Mansion Bed & Breakfast

    340 M-40, Allegan, MI 49010

    Contact for pricing
    9,500 sqft 65.00 AC lot

    Romantic getaway destination with event space and spa.

    View details

    Alma, MI Bed & Breakfasts Market Trends and Statistics

    Explore 2 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 $870,000.

    Sale prices for inns in Alma, MI average $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 2

    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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