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For sale
  • Price cut: $76K (3/26)
    $499,000

    5705 N State Rd, Alma, MI 48801

    --beds
    4baths
    2,579sqft
    : 
    Multi Family
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $193/sqft
    $-- HOA

    What's special

    Office space
    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.
    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#: 1922176MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 5705 N State Rd.

    Next available tour time:Tomorrow at 9am

    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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