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Mixed-Use Property with Barn
For Sale
$375,000

5705 N State Road, Alma, MI 48801

Multi-Family, 1 Story, Alma, MI

Property Size2,579 SF
Lot Size3.45 Acres
Price / SF$145.41
Days on Market854

Property Features for 5705 N State Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Commercial
Zoning description Multi-Family, Commercial
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Interior features Storage Space, Drywall
Exterior features Countryside View
Appliances Refrigerator, Oven/Range
Elementary school district Alma Public Schools
Middle school district Alma Public Schools
High school district Alma Public Schools
Directions JUST SOUTH OF LINCOLN ROAD AND STATE ROAD INTERSECTION.
Subdivision Gratiot
Standard status Active
Size 2,579 SF
Lot size 3.45 Acres

Taxes and HOA fees

Tax Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4,TH W 200 FT,N 6 RES,E 200 FT, S 6 RDS TO POB,ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4,TH W 40 RDS,N 16 RDS,E 40 RDS,S 16 RDS TO BEG EX S 165 FT,OF THE E 264 FT,SEC 1.3.45 AC (200x200x99x460x264x396x165x264)
Tax Annual Amount 10882
Legal Description COM 16 RDS N OF SE COR OF NE 1/4 OF NE 1/4,TH W 200 FT,N 6 RES,E 200 FT, S 6 RDS TO POB,ALSO AT THE SE COR OF THE NE 1/4 OF THE NE 1/4,TH W 40 RDS,N 16 RDS,E 40 RDS,S 16 RDS TO BEG EX S 165 FT,OF THE E 264 FT,SEC 1.3.45 AC (200x200x99x460x264x396x165x264)

Utilities

Water source Private

Building Details

Year built 1970
Floors in Building 1
Number of units 4
Building materials Frame
Roof type Asphalt
Architectural style Other
Additional Structures Storage
Listing Agency: AMERICA'S CHOICE REALTY LLC
Listed By: Cody Nevins · License #6501446537
Added: May 13, 2024 Changed: Sep 13 Last Checked: Sep 13 at 7:06AM
MLS# 1922176

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property occupies 3.45 acres and combines residential units with commercial improvements. The residential component includes four leased apartments and a fifth unit that is nearing completion. A separate commercial building provides storefront and office areas, with a dog grooming business occupying the space under a month-to-month lease. The property also includes a special-purpose barn measuring 80 by 40 feet, constructed in 2011, plus a 40 by 80-foot pole building for storage or future business use.

Access is provided just off US-127. The site is zoned Multi-Family,Commercial and includes a 400-foot, 5-inch private well. Additional physical details include a 2,579-square-foot property size, frame construction, an asphalt roof, drywall, storage space, and four bathrooms. The original structure dates to 1970.

Key Highlights

  • 3.45‑acre mixed‑use property with residential and commercial components
  • Four fully‑rented apartment units plus a fifth unit nearing completion
  • Commercial building includes store frontage and office space

Property Analytics

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Current Use

Dean F. Sova ... Apartment Building

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic Auto Repair Shop Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential and commercial spaces provide a diversified rental configuration with additional storage and expansion buildings.
Where is this mixed-use property located?
The property is located at 5705 N State Road Alma, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 3.45‑acre mixed‑use property with residential and commercial components; Four fully‑rented apartment units plus a fifth unit nearing completion; Commercial building includes store frontage and office space
More about this property
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