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.
For sale
Price cut: $76K (3/26)
$499,000
5705 N State Rd, Alma, MI 48801
--beds
4baths
2,579sqft
Est.:
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Office space
- 348 days
- on Zillow |
- 186 |
- 4 |
Zillow last checked: 9 hours ago
Listing updated: April 03, 2025 at 11:09pm
Listed by:
Cody Nevins 989-763-8060,
AMERICA'S CHOICE REALTY LLC 989-875-5148
Source: NGLRMLS,MLS#: 1922176

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Heating
- Forced Air, Wall Furnace, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range
Features
- Storage, Drywall
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,579 sqft
Property
Parking
- Parking features: One Car
Accessibility
- Accessibility features: Accessible Entrance
Features
- Levels: One
- Stories: 1
- Has spa: Yes
- Has view: Yes
- View description: Countryside View
- Waterfront features: None
Lot
- Size: 3.45 Acres
- Dimensions: 200 x 200 x 99 x 460 x 264 x 396
Details
- Additional structures: Pole Building(s)
- Parcel number: 29-01-001-012-01
- Zoning description: Multi-Family,Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: None
- Subdivision: NONE
Location
- Region: Alma
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $216,197
- Annual tax amount: $10,202
- Price range: $499K - $499K
- Date on market: 5/13/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Lease term: Month To Month,12 Months
- Total actual rent: 2175
- Road surface type: Asphalt
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