Mixed-Use Property with Income
5705 N State Rd Alma, MI 48801
For Sale
$375,000
3.45-acre property with residential and commercial rental income.
Lot Size3.45 Acres
Days on Market94
Property Features for 5705 N State Rd
General Information
Standard status
Active
Lot size
3.45 Acres
Property subtype
Investment
Building Details
Year Built
1970
Listing Agency:
AMERICA'S CHOICE REALTY LLC
(989) 763-8060
Listed By:
Cody Nevins · License #6501446537
(989) 763-8060
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 27 at 1:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AMERICA'S CHOICE REALTY LLC
Investment Insights
Based on property information with market context.
This 3.45-acre mixed-use property presents an investment opportunity, generating both residential and commercial rental income. The property includes four fully-rented apartment units, with a fifth unit nearing completion. A newer 400-foot, 5-inch well is also located on the premises. The commercial component features a building with store frontage, office space, and a special-purpose 80x40 barn constructed in 2011. Currently, a dog grooming business occupies the commercial space under a month-to-month lease. An additional 40x80 pole building offers potential for business expansion or storage. Situated just off US-127, the property provides a location suitable for business opportunities, complemented by consistent rental income from the residential units and the commercial tenant. The mix of residential and commercial space, along with room for further development, makes this property an option for investors seeking versatility and steady returns. The bike score is 27, indicating it is somewhat bikeable, and the walk score is 4, indicating it is car-dependent.
Key Highlights
- Mixed‑use property offering both residential and commercial income.
- Four fully‑rented apartment units, with a fifth nearing completion.
- Commercial building features store frontage, office space, and an 80x40 barn.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - 3.45-acre property with residential and commercial rental income.
Where is this mixed-use property located?
The property is located at 5705 N State Rd 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: Mixed‑use property offering both residential and commercial income.; Four fully‑rented apartment units, with a fifth nearing completion.; Commercial building features store frontage, office space, and an 80x40 barn.
