Mixed-Use

Alma, MI Mixed-use Properties for Sale

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Mixed-Use Property with Outbuildings
Updated: May 13, 2024
Mixed-Use Property with Outbuildings

5705 N State Road, Alma, MI 48801

$375,000
23,443 sqft 3.45 AC lot
3.45‑acre mixed‑use property with 23,443 square feet of improvements
Four fully rented apartment units; fifth unit nearing completion
Commercial building includes storefront space and offices
80x40 special‑purpose barn built in 2011
40x80 pole building provides additional storage or business space
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Mixed-Use Property with Barn
Updated: May 13, 2024
Mixed-Use Property with Barn

5705 N State Road, Alma, MI 48801

$375,000
2,579 sqft 3.45 AC lot
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
80x40 barn built in 2011 and 40x80 pole building
400‑foot, 5‑inch private well
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Church Property with Parsonage
Church Property with Parsonage

1107 Michigan Ave, Alma, MI 48801

$275,000

Two-building property with residential zoning and distinct former church and parsonage improvements.

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Mixed-Use Property with Income Potential
Mixed-Use Property with Income Potential

5705 N State Road, Alma, MI 48801

$375,000
2,579 sqft 3.45 AC lot

3.45-acre property with residential and commercial rental income.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Alma, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Kitchen
Mixed-Use Property with Kitchen

20 E Remus Road, Mt Pleasant, MI 48858

$269,900
2,220 sqft 1.96 AC lot

Two levels include food-service infrastructure and a two-bedroom apartment.

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Remodeled Mixed-Use Building
Remodeled Mixed-Use Building

309 W Michigan, Mt Pleasant, MI 48858

$215,000
2,002 sqft 0.19 AC lot

Flexible downtown commercial space with storefront glazing, natural light, and a recently updated interior.

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Automotive Property with Pole Barn
Automotive Property with Pole Barn

Saint Louis, MI 48880

$279,900
7,775 sqft 2.88 AC lot

Operating automobile dealership with an adjacent outbuilding and small home.

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Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

Saint Louis, MI 48880

Contact for pricing

Existing plumbing and electrical support continued planning for the unfinished second-floor layout.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Zoned Land with Multi-Family Portion
Commercial Zoned Land with Multi-Family Portion

E Broomfield Road, Mt Pleasant, MI 48858

$425,000
17.60 AC lot

17.6 acres with commercial zoning on the front and multi-family zoning on the rear, served by available utilities.

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Wooded Waterfront Building Site
Wooded Waterfront Building Site

6 Widgeon Way, Hemlock, MI 48626

$32,900
1.51 AC lot

Secluded 1.51-acre mixed-use zoned site near Hemlock with electric available at the road.

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Restricted Waterfront Land Lot
Restricted Waterfront Land Lot

5 Widgeon Way, Hemlock, MI 48626

$32,900
1.67 AC lot

Lake-adjacent lot in a restricted development with shared lake access in Hemlock, MI.

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Off-Market Properties in Alma, MI

Consider similar Off-Market properties in Alma, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Tbd Warwick
Mixed-use properties

Tbd Warwick, Alma, MI 48801

Value Estimation by Request
1.00 AC lot
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Alma, MI Mixed-Use Properties Market Trends and Statistics

Explore 5 mixed-use properties for sale in Alma, MI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 28,601 square feet of properties for sale, with an estimated market value of $1,400,000.

Sale prices for multi use buildings in Alma, MI start at $275,000, averaging $350,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 13K
Population Growth (5Y) +5.6%
Median Household Income $57,449
College Educated 19.2%

High-Yield Neighborhoods for Investment

Identify Alma submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48801 $341.7K

Taxes & Financing

Tax Rate (average for all types) 4.53%
Tax Rate vs County Average 0.57 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Gratiot County

Residential Income

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