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Mixed-Use Property with Storefront & Apartments
For Sale
$375,000

5705 N State Road, Alma, MI 48801

COMMERCIAL - Alma, MI

Property Size23,443 SF
Lot Size3.45 Acres
Price / SF$15
Days on Market831

Property Features for 5705 N State Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Multi-Family, Retail, Commercial, Special Use
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 3, Bathroom 6, Bathroom 4, Bathroom 2, Bathroom 1, Bathroom 5
Parking 10
Parking features Parking Lot
Exterior features Vinyl
Lot features Freestanding
Directions JUST SOUTH OF LINCILN RD AND STATE ROAD INTERSECTION.
Subdivision Gratiot
Standard status Active
Size 23,443 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

Building materials Frame
Roof type Asphalt
Listing Agency: AMERICA'S CHOICE REALTY LLC
Listed By: Cody Nevins · License #6501446537
Added: May 13, 2024 Changed: Aug 4 Last Checked: Aug 21 at 1:06AM
MLS# 1922175

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 spans 3.45 acres and combines residential and commercial rental space. It includes four fully-rented apartment units, plus a fifth unit nearing completion. The site also features a newer well measured at 400 feet, 5 inches.

A commercial building provides store frontage and office space, along with a special-purpose 80x40 barn built in 2011. A dog grooming business currently rents the commercial space on a month-to-month basis. The property further includes a 40x80 pole building for potential business expansion or additional storage.

The exterior is vinyl with frame construction and an asphalt roof, supported by private water service and parking in a parking lot. The property is located just off US-127 in Alma, MI, supporting day-to-day convenience for both residents and the commercial tenant.

Key Highlights

  • 3.45‑acre mixed‑use property with four fully rented apartment units and a fifth unit nearing completion
  • Commercial building with store frontage and office space; dog grooming business on a month‑to‑month basis
  • Special‑purpose 80x40 barn built in 2011

Property Analytics

Current Use

Dean F. Sova ... Apartment Building

Suggested Use

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

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

5
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with four fully rented apartments, a storefront commercial space, and on-site barn and pole building.
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 four fully rented apartment units and a fifth unit nearing completion; Commercial building with store frontage and office space; dog grooming business on a month‑to‑month basis; Special‑purpose 80x40 barn built in 2011
More about this property
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