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American Foursquare Bed & Breakfast Home
For Sale
$435,000

623 N State Street, Alma, MI 48801

Commercial Sale, Alma, MI

Property Size4,766 SF
Lot Size0.88 Acres
Price / SF$91.27
Days on Market275

Property Features for 623 N State Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description R-1A
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
Elementary school district Alma
Middle school district Alma
High school district Alma
Standard status Active
APN 51-344-753-00
Size 4,766 SF
Lot size 0.88 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description COM AT NE COR OF SW 1/4 OF SW 1/4 OF SEC 34-12-3 W 20 RDS S 8 RDS E 20 RDS N 8 RDS TO BEGINNING
Tax Annual Amount 5674
Legal Description COM AT NE COR OF SW 1/4 OF SW 1/4 OF SEC 34-12-3 W 20 RDS S 8 RDS E 20 RDS N 8 RDS TO BEGINNING

Utilities

Utilities Cable Available
Heating system Forced Air

Building Details

Year built 1910
Number of units 20
Building materials Wood Siding
Listing Agency: 616 Realty LLC
Listed By: Scott L DeMeyer · License #6501427072
Added: Nov 23, 2025 Changed: Aug 23 Last Checked: Aug 25 at 7:06AM
MLS# 26010784

Copyright © 2026 Michigan Regional Information Center, LLC. 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.

A large American Foursquare-style home offers a mix of finished updates and space to finish your own touches. The property includes a central heating and air system with mini-splits, a new roof, updated painting, and new windows, including skylights added to a large attic bonus area. Outdoor improvements include expanded concrete parking and a large second-story back deck with concrete added underneath. A walkout basement is included in the total area with potential to finish, and there is also a carriage house with a two-car garage plus an unfinished loft.

The home is located just a couple of blocks from downtown Alma. The back yard opens directly to Wright Park, providing an immediate connection to outdoor space.

Business use is part of the appeal: a bed and breakfast is allowed under the ordinance as a special use with approval, though it is not currently approved. Multi-units are noted as not allowed under current rules, with a conditional rezoning process described for potential approval. For buyers or operators looking for a substantial hospitality-focused property with multiple on-site components, the combination of updated systems, flexible interior areas, and a separate garage/carriage house can support a variety of finishing and operational approaches, subject to approvals.

Key Highlights

  • 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.

Property Analytics

Current Use

Single family properties

Suggested Use

Top Pick Skin Care Clinic Electrical Service Parking Lot & Garage Big Box & Wholesale Store Law Firm Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

682
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Single family property - Updated American Foursquare home with deck, walkout basement, and carriage house suited for a potential B&B.
Where is this single family property located?
The property is located at 623 N State Street Alma, MI.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 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.
More about this property
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