Mixed-Use

Alma, MI Mixed-use Properties for Sale

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

5705 N State Road, Alma, MI 48801

$375,000
23,443 sqft 3.45 AC lot
3.45‑acre mixed‑use property with four fully rented apartment units and a fifth unit nearing completion
Commercial building includes store frontage and office space; dog grooming business rents the space on a month‑to‑month basis
Special‑purpose 80x40 barn built in 2011
Newer 400‑ft, 5‑inch private well on the property
Additional 40x80 pole building for future business expansion or storage
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Mixed-Use Property with Income Potential
Updated: Apr 26
Mixed-Use Property with Income Potential

Alma, MI 48801

$375,000
3.45 AC lot
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.
40x80 pole building offering business expansion or storage potential.
Newer 400‑foot, 5‑inch well.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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 4 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.

Versatile Commercial Property with Campground
Versatile Commercial Property with Campground

7251 Midland Road, Freeland, MI 48623

$712,000
4,960 sqft 10.19 AC lot

Commercial property with 3-phase power, workshop, showroom, and campground.

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Freeland Adaptable Building For Sale
Freeland Adaptable Building For Sale

3949 N. River, Freeland, MI 48623

$396,000
5,088 sqft 0.75 AC lot

Well-maintained 5,000+ sq ft building suitable for various uses.

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Remodeled Downtown Storefront Building
Remodeled Downtown Storefront Building

309 W Michigan, Mt Pleasant, MI 48858

$215,000
2,002 sqft 0.19 AC lot

Fully remodeled commercial building with storefront windows and a versatile interior layout suited for multiple downtown uses.

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Commercial Building in Mt. Pleasant
Commercial Building in Mt. Pleasant

1506 W High, Mt Pleasant, MI 48858

$299,000
6,120 sqft 0.50 AC lot

Freestanding 6,120 SF building on a half-acre lot.

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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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Commercial Lot Near City Hall
Commercial Lot Near City Hall

309 W Broadway St, Mount Pleasant, MI 48858

$389,000

Vacant commercial lot zoned for apartments above.

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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 3 mixed-use properties for sale in Alma, MI on our real estate platform. These investment opportunities span a total of 23,443 square feet of properties for sale, with an estimated market value of $375,000.

Sale prices for multi use buildings in Alma, MI start at $375,000, averaging $375,000, 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 $435K

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%

Listings Trend

New vs delisted commercial listings in Gratiot County

New Delisted

Total CRE Inventory on Market (SF)

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