5705 N State Rd Alma, MI 48801

Building Details

Year Built

1970

Listing agency AMERICA'S CHOICE REALTY LLC c***@gmail.com Show Phone

Listed by Cody Nevins · License #6501446537 Show Phone

Source Elliman

Added: Apr 26 Updated: Jul 10 at 1:20PM Checked: Jul 21 at 5:49AM

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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.

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FAQs

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.