Alma, MI
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    Alma, MI Mixed-use Properties for Sale

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    Saint Louis, MI Ithaca, MI Elwell, MI
    Mixed-Use Property with Income Potential
    $440,000
    3.45 Acres
    Mixed-Use Property with Income Potential

    Alma, MI 48801

    3.45-acre property with residential and commercial rental income.
    • 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.
    Updated: Apr 26
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    Mixed-Use Property with Rental Income
    $375,000
    2,579 SF
    Mixed-Use Property with Rental Income

    5705 N State Road, Alma, MI 48801

    3.45-acre property with residential and commercial rental income.
    • Steady residential and commercial rental income from fully‑rented apartment units and a commercial tenant.
    • 3.45‑acre mixed‑use property offering versatile investment opportunities.
    • Prime location just off US‑127, ideal for business opportunities.
    • Includes a newer 400‑foot, 5‑inch well.
    • Features a special‑purpose 80x40 barn (built in 2011) and a 40x80 pole building.
    Updated: May 13, 2024
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    Mixed-Use Property with Income Potential
    $375,000
    23,443 SF
    Mixed-Use Property with Income Potential

    3.45-acre mixed-use property with residential and commercial income.

    5705 N State Road, Alma, MI 48801

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    Downtown Alma Class A Office
    $549,900
    22,218 SF
    Downtown Alma Class A Office

    Class A office building with large parking lot attached.

    311 Woodworth Ave, Alma, MI 48801

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    Based on your search, we've compiled 13 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 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.

    Historic Mixed-Use Income Opportunity
    $489,000
    5,200 SF
    Historic Mixed-Use Income Opportunity

    Mixed-use property with retail and short-term rental income.

    323 W Wright Avenue, Shepherd, MI 48883

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    Historic Mixed-Use Income Opportunity
    $489,000
    5,000 SF
    Historic Mixed-Use Income Opportunity

    Rare mixed-use property with retail and short-term rental income.

    323 W Wright Ave, Shepherd, MI 48883

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    Commercial Building in Mt. Pleasant
    $299,000
    6,120 SF
    Commercial Building in Mt. Pleasant

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

    1506 W High, Mt Pleasant, MI 48858

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    Commercial Property with Acreage
    $439,000
    5,668 SF
    Commercial Property with Acreage

    Multiple buildings on 9 acres, zoned commercial, near US-127.

    5684 E Broadway Road, Mt Pleasant, MI 48858

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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 Land in Mt Pleasant
    $425,000
    17.60 Acres
    Commercial Land in Mt Pleasant

    17+ acres zoned commercial and multi-family in Mt Pleasant.

    TBD E Broomfield Road, Mt Pleasant, MI 48858

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    Commercial Lot Near City Hall
    $399,000
    Commercial Lot Near City Hall

    Vacant commercial lot zoned for apartments above.

    309 W Broadway St, Mount Pleasant, MI 48858

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    Secluded Land Near Hemlock
    $32,900
    1.51 Acres
    Secluded Land Near Hemlock

    Vacant 1.51-acre land with lake access near Hemlock, MI.

    6 Widgeon Way, Hemlock, MI 48626

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    Vacant Land Near Hemlock
    $32,900
    1.67 Acres
    Vacant Land Near Hemlock

    1.67 acre vacant land with shared lake access.

    5 Widgeon Way, Hemlock, MI 48626

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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
    Lot: 1.00 Acre
    Value Estimation by Request

    Tbd Warwick, Alma, MI 48801

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    Alma, MI Mixed-Use Properties Investment Opportunities Market Analysis

    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 48,240 square feet of properties for sale, with an estimated market value of $1,299,900.

    Sale prices for multi use buildings in Alma, MI start at $375,000, averaging $433,300, and reaching up to $549,900 — 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 median 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%

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