Alma, MI 48801,5705 N State RD
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Alma, MI 48801,5705 N State RD
Alma, MI 48801,5705 N State RD
Alma, MI 48801,5705 N State RD
Alma, MI 48801,5705 N State RD
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$ 499,000
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5705 N State RD Alma, MI 48801

23,443 SqFt


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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 23,443 sqft

Price per Sqft $21

MLS Listing ID 79080017525

Year Built 1965

Lot Size 3.450 Acres

Acres 3.45

Property 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.

Location

State MI

County Gratiot

Area Area29061Arcadatwp

Interior

Heating ForcedAir, NaturalGas, WallFurnace

Cooling WallWindowUnits

Exterior

Parking Features ParkingLot, Other

Utilities Available NaturalGasConnected

View Y/N No

Roof Type Asphalt

Building

Foundation Slab

Sewer SepticTank

Water Well

New Construction No

Schools

High Schools Alma

School District Alma

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


Realcomp MLS
Listed by Cody Nevins of AMERICA'S CHOICE REALTY LLC
Tim Sova

Tim Sova

Broker Associate

+1(810) 844-2316

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5705 N State RD