5705 N State Road,Alma, MI 48801
Alma, MI 48801
Description
This 3.45-acre mixed-use property offers a unique investment opportunity with both steady residential and commercial rental income. It features four fully-rented apartment units, with a fifth unit nearing completion, as well as a newer 400-foot, 5-inch well. The property also includes a commercial building with store frontage, office space, and a special-purpose 80x40 barn, built in 2011. Currently, a dog grooming business rents the commercial space on a month-to-month basis. Additionally, there is a 40x80 pole building, offering future potential for business expansion or storage use. Conveniently located just off US-127, the property provides a prime location for business opportunities while maintaining consistent rental income from the residential units and commercial tenant. With a mix of residential and commercial space, along with room for further development, this property presents an excellent opportunity for investors looking for versatility and steady returns.
Details
| MLS # | 80017525 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 831 |
| Listing Provided By | AMERICA'S CHOICE REALTY LLC | Cody Nevins |
Features
| SQ Feet | 23,443 |
|---|---|
| Zoning | Multi-Family,Commercial |
| Acreage | 3.45 |
| Water Front | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Heating Yes / No | Yes |
| Heating | Wall Furnace, Forced Air |
Exterior
| Roof | Asphalt |
|---|---|
| Construction Materials | Frame, Vinyl Siding |
| Foundation Details | Slab |
Parking
| Parking Features | 6-10 Spaces, 11-20 Spaces, Parking Lot |
|---|
Utilities
| Utilities | Natural Gas Connected |
|---|
Other
| List Aor | Central Michigan Association of REALTORS |
|---|
Taxes
| Property | 10882 |
|---|
Area Information
| State | MI |
|---|---|
| County | Gratiot |
| City | Alma |
| Zip Code | 48801 |
| Area | Arcada Twp (29001) |
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Learn More About This Property
| State | MI |
|---|---|
| County | Gratiot |
| City | Alma |
| Zip Code | 48801 |
| Area | Arcada Twp (29001) |